Counties › Idaho

Cost of Living in Latah County, ID

Population 41,049 · Census ACS 2020–2024 5-year estimates

Median rent$929
Median home value$368,600
Median household income$65,424

The median rent in Latah County, ID is $929/month, 25% lower than the Idaho median and 34% lower than the U.S. median. The median home value is $368,600, 11% higher than the national median. Households earn a median of $65,424 a year, 16% lower than the state median.

Affordability

Rent as a share of median income: 17.0%
Income needed for median rent (30% rule): $37,160/yr
Home price-to-income ratio: 5.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,864/mo

Run your own numbers: mortgage calculator · hourly to salary

Latah County vs. Idaho vs. U.S.

Latah CountyIdahoU.S.
Median rent$929$1,238$1,413
Median home value$368,600$418,600$332,700
Median household income$65,424$77,800$80,734
Homeownership rate58.7%72.1%65.2%
Bachelor's degree or higher43.0%31.8%35.7%
Poverty rate17.6%10.6%12.5%
Unemployment rate6.8%3.7%5.2%
Work from home9.9%13.3%15.1%
Median age30.637.338.9

FAQ

What is the average rent in Latah County, ID?

The median gross rent in Latah County, ID is $929 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $37,160 a year in gross income.

Is Latah County, ID expensive to live in?

Rent there is 34% lower than the U.S. median, and the median home costs about 5.6 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

Williamson County, ILRent $930 · Income $65,604Rockbridge County, VARent $925 · Income $65,469Berrien County, MIRent $942 · Income $65,425Clinton County, INRent $920 · Income $65,019Montezuma County, CORent $942 · Income $65,244Colorado County, TXRent $926 · Income $66,377

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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