The typical owner-occupied home in Gooding County is worth about $250,900, 40% below the Idaho median of $418,600 and 25% below the national median of $332,700. Owners pay a median $1,279 a year in property taxes, about 0.51% of their home's value, close to the Idaho rate of 0.49%. The median household earns $63,559 a year, so the median home costs 3.9 times the median income (5.4 times for Idaho). 71% of occupied homes here are lived in by their owners, and 53% of those owners still have a mortgage.
Gooding County at a glance
| Gooding County | Idaho | U.S. | |
|---|---|---|---|
| Median home value | $250,900 | $418,600 | $332,700 |
| Median property tax paid per year | $1,279 | $2,038 | $3,119 |
| Property tax as a share of value | 0.51% | 0.49% | 0.94% |
| Median household income | $63,559 | $77,800 | $80,734 |
| Homes lived in by their owners | 71% | 72% | 65% |
| Owner homes with a mortgage | 53% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,234 | $1,687 | $1,963 |
| Those costs as a share of the owners' income | 19.2% | 20.7% | 21.0% |
| Median rent | $880 | $1,238 | $1,413 |
| Rent as a share of renters' income | 27.2% | 28.7% | 30.6% |
| Median year homes were built | 1976 | 1991 | 1980 |
| Vacant homes | 7.1% | 10.3% | 10.1% |
| Population | 15,931 | 1,934,262 | 334,922,499 |
What a typical home costs per month in Gooding County
At this week's average 30-year rate of 7.11%, buying the median Gooding County home of $250,900 with 20% down costs about $1,561 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,979, 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 $66,918 for the 20%-down payment. That payment is 29% of the median Gooding County household income of $63,559; at that income and 20% down, the 28% guideline points to a home of about $238,000.
The median rent here is $880 a month, so owning the median home costs about $681 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $50,180 |
|---|---|
| Loan amount | $200,720 |
| Principal and interest | $1,350 |
| Property taxes (0.51% a year) | $107 |
| Homeowners insurance (our estimate, 0.5% a year) | $105 |
| PMI | $0 |
| Total per month | $1,561 |
Change the numbers in the calculator
| Down payment | $8,782 |
|---|---|
| Loan amount | $246,356 |
| Principal and interest | $1,657 |
| Property taxes (0.51% a year) | $107 |
| Homeowners insurance (our estimate, 0.5% a year) | $105 |
| FHA mortgage insurance | $111 |
| Total per month | $1,979 |
Change the numbers in the calculator
Questions about home buying in Gooding County
What is the median home value in Gooding County?
About $250,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Gooding County?
Homeowners pay a median $1,279 a year, which is about 0.51% 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 Gooding County?
For the median home with 20% down at 7.11%, the payment is about $1,561 a month. Keeping that under 28% of gross income takes about $66,918 a year.
More about Gooding County
- Mortgage Refinance in Gooding County
- Debt Relief in Gooding County
- Home Equity Loans in Gooding County
- 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