Cost of Living in Gem County, ID
Population 20,614 · Census ACS 2020–2024 5-year estimates
The median rent in Gem County, ID is $1,038/month, 16% lower than the Idaho median and 27% lower than the U.S. median. The median home value is $428,700, 29% higher than the national median. Households earn a median of $64,605 a year, 17% lower than the state median.
Affordability
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Gem County vs. Idaho vs. U.S.
| Gem County | Idaho | U.S. | |
|---|---|---|---|
| Median rent | $1,038 | $1,238 | $1,413 |
| Median home value | $428,700 | $418,600 | $332,700 |
| Median household income | $64,605 | $77,800 | $80,734 |
| Homeownership rate | 76.0% | 72.1% | 65.2% |
| Bachelor's degree or higher | 20.7% | 31.8% | 35.7% |
| Poverty rate | 12.0% | 10.6% | 12.5% |
| Unemployment rate | 2.9% | 3.7% | 5.2% |
| Work from home | 11.5% | 13.3% | 15.1% |
| Median age | 44.2 | 37.3 | 38.9 |
FAQ
What is the average rent in Gem County, ID?
The median gross rent in Gem County, ID is $1,038 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Gem County, ID?
Using the common 30% rule, renting a median-priced home takes about $41,520 a year in gross income.
Is Gem County, ID expensive to live in?
Rent there is 27% lower than the U.S. median, and the median home costs about 6.6 times the median household income.
Other counties in Idaho
Counties with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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