Home/Idaho/Gem County

Gem County Housing Market

Idaho · 44 counties · Ranked #2845 in home value

Above National Avg

Housing at a Glance

Median Home Value

$367,300

vs national+$367,300 vs $281,900 national

Median Gross Rent

$887/mo

vs national$887 vs $1,163 national

Effective Tax Rate

0.39%

vs national0.39% vs 1.02% national

Median Household Income

$66,245

vs national$66,245 vs $74,755 national

Affordability Ratio

5.5x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

24.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,443

Tax as % of Home Value

0.39%

Monthly Owner Cost

$924

Renter Income

$49,068

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Gem County?

The median home value in Gem County is $367,300. This is above the national median of $281,900.

How much is rent in Gem County?

The median gross rent in Gem County is $887 per month.

What is the property tax rate in Gem County?

The effective property tax rate in Gem County is 0.39%. The median annual property tax bill is $1,443.

Is Gem County affordable?

With a home-value-to-income ratio of 5.5x, Gem County is considered expensive compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.