Quick facts: Sandpoint, ID

Quick Facts

101.3
Cost of Living
above US average
9,777
Population
10.84
Crime Rate per 1000
below US average
$60,208
Median Income
below US average
$640,000
Median House Price
above US average
$2450.0
Average Rent
above US average
10%
Poverty Rate
below US average
3.5%
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 $60,208.

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Income Needed to Buy

βœ— Stretch
$201k/year
Based on $640,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $201k vs median $60,208
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Income Needed to Rent

⚠ Stretch
$105k/year
Based on $2450.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $105k vs median $60,208
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Sandpoint, ID

Sandpoint is a picturesque city located in northern Idaho, nestled on the shores of Lake Pend Oreille and surrounded by the breathtaking Selkirk and Cabinet Mountains. Known for its stunning natural beauty, Sandpoint is a gateway to outdoor adventures, offering activities such as hiking, skiing, and water sports year-round. The city has a charming downtown area featuring local boutiques, art galleries, and restaurants that showcase the region’s culinary offerings. Sandpoint is also home to the annual Sandpoint Winter Carnival and the famous Big Mountain Ski Resort, attracting visitors from all over. With a population of around 9,000, Sandpoint offers a tight-knit community feel while maintaining a vibrant cultural scene, including live music and art festivals. The city's commitment to preserving its environment and quality of life makes it a desirable destination for both residents and tourists alike. Whether you're seeking outdoor recreation or a relaxing lakeside escape, Sandpoint, ID, provides a perfect blend of adventure and tranquility, making it a hidden gem in the Pacific Northwest.

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