Living in Preston, Idaho
Cost of living, income, home prices, rent and demographics of Preston · Census data 2020–2024
Preston has 5,928 residents with a median age of 34.2. The median household income is $61,039 (22% lower than the Idaho median), the median home value is $350,300, the median rent is $811/month.
Preston at a glance
- Population
- 5,928
- Median age
- 34.2State: 37.3
- Median household income
- $61,039State: $77,800
- Median home value
- $350,300State: $418,600
- Median rent
- $811/moState: $1,238
- Homeowners
- 68.9%
- Bachelor's degree or higher
- 17.3%
- Average commute
- 24 min
Is Preston a good place to live?
Pros: Home values 16% lower than the state median; unemployment of 2.7%.
Cons: Median household income 22% lower than the Idaho median; an average commute of 24 minutes; a poverty rate of 11%.
The weather is best in June to September.
Cost of living in Preston
Housing is the biggest part of the cost of living. In Preston the median home value is $350,300, 5% higher than the U.S. median. Renters pay a median of $811 per month, which is 20.9% of household income. Homeowners with a mortgage pay $1,385 a month in housing costs.
Preston median household income
The median household income in Preston is $61,039 and the income per person is $29,127. 11% of residents live below the poverty line (Idaho: 10.6%).
Housing in Preston: homes for sale and rent
- Housing units
- 2,292
- Owner-occupied
- 68.9%
- Renter-occupied
- 31.1%
- Vacant
- 8.5%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 2.80
Preston demographics
- Population
- 5,928
- Median age
- 34.2
- Under 18
- 29.4%
- 65 and older
- 15.8%
- Households
- 2,098
- Foreign-born
- 1.4%
- Veterans
- 5%Adults 18+
Hispanic or Latino can be of any race. Population history of Preston ›
Education in Preston
17.3% of adults 25 and older in Preston have a bachelor's degree or higher (Idaho: 31.8%), and 6.8% have a graduate or professional degree.
Jobs and commute in Preston
- Unemployment rate
- 2.7%State: 3.7%
- Average commute
- 24 minState: 22 min
- Work from home
- 7.5%
- Drive alone
- 79%
- Public transit
- 0%
- Walk to work
- 5.2%
- Homes with broadband
- 96.3%
Preston vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Preston | 5,928 | $61,039 | $350,300 | $811 |
| Dayton | 500 | $82,083 | $308,300 | — |
| Weston | 569 | $88,462 | $344,300 | $1,750 |
| Franklin | 1,034 | $81,830 | $370,200 | $1,282 |
| Clifton | 788 | $89,583 | $339,400 | $1,021 |
| Lewiston | 2,408 | $98,583 | $390,500 | $921 |
| Cornish | 236 | $97,500 | $296,100 | $1,063 |
| Richmond | 3,000 | $110,428 | $395,200 | $1,063 |
| Trenton | 526 | $95,313 | $358,300 | — |
More for people moving to Preston
Preston ZIP code ›Weather and climate ›Living in Preston: FAQ
What is the median household income in Preston, ID?
The median household income in Preston is $61,039, 22% lower than the Idaho median of $77,800 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Preston?
The median home value in Preston is $350,300, compared with $418,600 in Idaho.
How much is rent in Preston?
The median gross rent in Preston is $811 per month, about 20.9% of household income.
Is Preston, ID a good place to live?
Pluses: home values 16% lower than the state median; unemployment of 2.7%. Minuses: median household income 22% lower than the Idaho median; an average commute of 24 minutes; a poverty rate of 11%.
What is the median age in Preston?
The median age in Preston is 34.2 years (Idaho: 37.3).
How long is the commute in Preston?
The average commute to work in Preston is 24 minutes; 7.5% of workers work from home.
What is the unemployment rate in Preston?
The unemployment rate in Preston is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Preston?
17.3% of adults in Preston have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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