Counties › Idaho

Cost of Living in Gooding County, ID

Population 15,931 · Census ACS 2020–2024 5-year estimates

Median rent$880
Median home value$250,900
Median household income$63,559

The median rent in Gooding County, ID is $880/month, 29% lower than the Idaho median and 38% lower than the U.S. median. The median home value is $250,900, 25% lower than the national median. Households earn a median of $63,559 a year, 18% lower than the state median.

Affordability

Rent as a share of median income: 16.6%
Income needed for median rent (30% rule): $35,200/yr
Home price-to-income ratio: 3.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,269/mo

Run your own numbers: mortgage calculator · hourly to salary

Gooding County vs. Idaho vs. U.S.

Gooding CountyIdahoU.S.
Median rent$880$1,238$1,413
Median home value$250,900$418,600$332,700
Median household income$63,559$77,800$80,734
Homeownership rate70.8%72.1%65.2%
Bachelor's degree or higher16.2%31.8%35.7%
Poverty rate13.0%10.6%12.5%
Unemployment rate3.8%3.7%5.2%
Work from home8.3%13.3%15.1%
Median age38.137.338.9

FAQ

What is the average rent in Gooding County, ID?

The median gross rent in Gooding County, ID is $880 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Gooding County, ID?

Using the common 30% rule, renting a median-priced home takes about $35,200 a year in gross income.

Is Gooding County, ID expensive to live in?

Rent there is 38% lower than the U.S. median, and the median home costs about 3.9 times the median household income.

Other counties in Idaho

Ada County, IDRent $1,577 · Income $91,502Canyon County, IDRent $1,347 · Income $76,488Kootenai County, IDRent $1,492 · Income $81,861Bonneville County, IDRent $1,133 · Income $79,068Twin Falls County, IDRent $1,089 · Income $67,409Bannock County, IDRent $960 · Income $66,499

Counties with a similar cost of living

Delaware County, NYRent $880 · Income $63,337Madison County, NERent $881 · Income $63,128Jefferson County, ILRent $885 · Income $63,118Okanogan County, WARent $887 · Income $63,207Madison County, KYRent $889 · Income $63,351Chenango County, NYRent $875 · Income $62,948

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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