Cost of Living in Gooding County, Idaho
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Gooding County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Gooding County ranks #1,545 of 3,142 counties for affordability (top 49%)
Sourced county brief
Gooding County Renter Median Income Recorded at $36,623
In Gooding County, Idaho, the median renter-household income is estimated at $36,623, according to the ACS 2020-2024 5-Year Estimates. Renter households in the county faced a median gross rent of $880 per month, which is below the Idaho unweighted county mean of $968. The official median gross rent as a percentage of household income (GRAPI) from ACS table B25071 is 27.2%, which is 0.3 percentage points higher than the Idaho unweighted county mean of 26.9%. Homeowners in the county have a median home value of $250,900, compared to the unweighted state mean of $355,261. The median selected monthly owner costs for all owner-occupied units was $813, which is below the state's unweighted county mean of $968. These data points provide a snapshot of the 2020-2024 period. See ACS table B25119 for the underlying median renter-household income estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Gooding County
Affordability Verdict
ACS B25071 estimates median gross rent at 27.2% of renter household income in Gooding County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $880 per month; median selected monthly owner costs are $813. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $35,200 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Idaho unweighted mean of county median rents is $968 per month. Gooding County's $880 median is 9.1% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Gooding County
Rent Burden
16.6%
of gross income
Max Housing (28% Rule)
$1,483
per month
Owner Cost Burden
15.3%
of gross income
The median home in Gooding County may be a stretch
Median home value is $250,900. Estimated monthly cost: $2,003 vs. your max of $1,483.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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