Cost of Living in Madison County, Idaho
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Madison County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Madison County, Idaho
Madison rents outpace national affordability
Madison County's rent-to-income ratio of 19.9% exceeds the national baseline, meaning renters here spend nearly a fifth of their income on housing—significantly more than the typical American household. With a median household income of $58,259 compared to the national median of $74,755, Madison earners have 22% less income to cover similar or higher housing costs.
Among Idaho's least affordable counties
Madison County ranks as one of Idaho's least affordable places, with a 19.9% rent-to-income ratio well above the state average of 16.8%. Only a handful of Idaho counties face worse housing cost burdens relative to income.
Pricier than most neighboring counties
Madison County's $965 median monthly rent runs $46 higher than the state average and $55 more than nearby Power County's $729. However, median home values of $365,000 position Madison as one of the region's pricier real estate markets, though still below some neighboring areas.
Housing consumes nearly one-fifth of income
Renters here spend $965 monthly while homeowners spend $1,065, with median home values at $365,000. Against a median household income of $58,259, these costs mean housing claims roughly 20% of renter income and slightly higher for mortgage holders—a tight squeeze for household budgets.
Is Madison right for you?
If you're relocating, Madison County offers a growing community feel but demands strong income to maintain comfort. Compare your anticipated salary against the $58,259 median to gauge whether your housing budget will align with local costs.
Affordability Calculator
See how your income compares to housing costs in Madison County
Rent Burden
19.9%
of gross income
Max Housing (28% Rule)
$1,359
per month
Owner Cost Burden
21.9%
of gross income
The median home in Madison County may be a stretch
Median home value is $365,000. Estimated monthly cost: $2,914 vs. your max of $1,359.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.