The typical owner-occupied home in Ririe is worth about $160,700, 62% below the Idaho median of $418,600 and 52% below the national median of $332,700. Owners pay a median $952 a year in property taxes, about 0.59% of their home's value, higher than the Idaho rate of 0.49%. The median household earns $67,123 a year, so the median home costs 2.4 times the median income (5.4 times for Idaho). 80% of occupied homes here are lived in by their owners, and 38% of those owners still have a mortgage.
Ririe at a glance
| Ririe | Idaho | U.S. | |
|---|---|---|---|
| Median home value | $160,700 | $418,600 | $332,700 |
| Median property tax paid per year | $952 | $2,038 | $3,119 |
| Property tax as a share of value | 0.59% | 0.49% | 0.94% |
| Median household income | $67,123 | $77,800 | $80,734 |
| Homes lived in by their owners | 80% | 72% | 65% |
| Owner homes with a mortgage | 38% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,381 | $1,687 | $1,963 |
| Those costs as a share of the owners' income | 14.5% | 20.7% | 21.0% |
| Median rent | $1,144 | $1,238 | $1,413 |
| Rent as a share of renters' income | 22.4% | 28.7% | 30.6% |
| Median year homes were built | 1967 | 1991 | 1980 |
| Vacant homes | 7.0% | 10.3% | 10.1% |
| Population | 1,079 | 1,934,262 | 334,922,499 |
What a typical home costs per month in Ririe
At this week's average 30-year rate of 7.11%, buying the median Ririe home of $160,700 with 20% down costs about $1,011 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,279, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $43,320 for the 20%-down payment. That payment is 18% of the median Ririe household income of $67,123; at that income and 20% down, the 28% guideline points to a home of about $249,000.
The median rent here is $1,144 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $32,140 |
|---|---|
| Loan amount | $128,560 |
| Principal and interest | $865 |
| Property taxes (0.59% a year) | $79 |
| Homeowners insurance (our estimate, 0.5% a year) | $67 |
| PMI | $0 |
| Total per month | $1,011 |
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| Down payment | $5,624 |
|---|---|
| Loan amount | $157,789 |
| Principal and interest | $1,061 |
| Property taxes (0.59% a year) | $79 |
| Homeowners insurance (our estimate, 0.5% a year) | $67 |
| FHA mortgage insurance | $71 |
| Total per month | $1,279 |
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Questions about home buying in Ririe
What is the median home value in Ririe?
About $160,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ririe?
Homeowners pay a median $952 a year, which is about 0.59% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Ririe?
For the median home with 20% down at 7.11%, the payment is about $1,011 a month. Keeping that under 28% of gross income takes about $43,320 a year.
More about Ririe
- Mortgage Refinance in Ririe
- Debt Relief in Ririe
- Home Equity Loans in Ririe
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data