Quick facts: Pocatello, ID

Quick Facts

95.4
Cost of Living
below US average
57,730
Population
17.65
Crime Rate per 1000
below US average
$56,115
Median Income
below US average
$329,900
Median House Price
above US average
$1182.72
Average Rent
below US average
15%
Poverty Rate
above US average
3.6%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $56,115.

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Income Needed to Buy

βœ— Stretch
$103k/year
Based on $329,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $103k vs median $56,115
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Income Needed to Rent

βœ“ Affordable
$51k/year
Based on $1182.72/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($56,115) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Pocatello, ID

Pocatello is a vibrant city located in southeastern Idaho, serving as the county seat of Bannock County. Known for its rich history and outdoor recreational opportunities, the city's elevation at about 4,400 feet offers stunning views of the surrounding mountains. With a population of approximately 57,000 residents, Pocatello is recognized for its friendly community and family-oriented atmosphere. The city is home to Idaho State University, which contributes to Pocatello's educational and cultural landscape. The university offers various programs and events that engage the community. Pocatello is also known for its historic sites, including the Old Town area, showcasing unique shops, restaurants, and museums. Outdoor enthusiasts will appreciate access to nearby national forests, hiking trails, and ski resorts, making it an ideal destination for activities year-round. The city's annual events, such as the Pocatello Arts Festival and the Idaho State Fair, foster a strong sense of community and celebration. With its blend of urban amenities and natural beauty, Pocatello is an appealing place for both residents and visitors alike.

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