The typical owner-occupied home in Kendrick is worth about $207,100, 51% below the Idaho median of $418,600 and 38% below the national median of $332,700. Owners pay a median $1,532 a year in property taxes, about 0.74% of their home's value, higher than the Idaho rate of 0.49%. The median household earns $64,821 a year, so the median home costs 3.2 times the median income (5.4 times for Idaho). 73% of occupied homes here are lived in by their owners, and 54% of those owners still have a mortgage.
Kendrick at a glance
| Kendrick | Idaho | U.S. | |
|---|---|---|---|
| Median home value | $207,100 | $418,600 | $332,700 |
| Median property tax paid per year | $1,532 | $2,038 | $3,119 |
| Property tax as a share of value | 0.74% | 0.49% | 0.94% |
| Median household income | $64,821 | $77,800 | $80,734 |
| Homes lived in by their owners | 73% | 72% | 65% |
| Owner homes with a mortgage | 54% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,516 | $1,687 | $1,963 |
| Those costs as a share of the owners' income | 22.0% | 20.7% | 21.0% |
| Median rent | $1,051 | $1,238 | $1,413 |
| Rent as a share of renters' income | 20.4% | 28.7% | 30.6% |
| Median year homes were built | 1944 | 1991 | 1980 |
| Vacant homes | 9.5% | 10.3% | 10.1% |
| Population | 327 | 1,934,262 | 334,922,499 |
What a typical home costs per month in Kendrick
At this week's average 30-year rate of 7.11%, buying the median Kendrick home of $207,100 with 20% down costs about $1,329 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,674, 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 $56,937 for the 20%-down payment. That payment is 25% of the median Kendrick household income of $64,821; at that income and 20% down, the 28% guideline points to a home of about $236,000.
The median rent here is $1,051 a month, so owning the median home costs about $278 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $41,420 |
|---|---|
| Loan amount | $165,680 |
| Principal and interest | $1,115 |
| Property taxes (0.74% a year) | $128 |
| Homeowners insurance (our estimate, 0.5% a year) | $86 |
| PMI | $0 |
| Total per month | $1,329 |
Change the numbers in the calculator
| Down payment | $7,248 |
|---|---|
| Loan amount | $203,349 |
| Principal and interest | $1,368 |
| Property taxes (0.74% a year) | $128 |
| Homeowners insurance (our estimate, 0.5% a year) | $86 |
| FHA mortgage insurance | $92 |
| Total per month | $1,674 |
Change the numbers in the calculator
Questions about home buying in Kendrick
What is the median home value in Kendrick?
About $207,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Kendrick?
Homeowners pay a median $1,532 a year, which is about 0.74% 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 Kendrick?
For the median home with 20% down at 7.11%, the payment is about $1,329 a month. Keeping that under 28% of gross income takes about $56,937 a year.
More about Kendrick
- Mortgage Refinance in Kendrick
- Debt Relief in Kendrick
- Home Equity Loans in Kendrick
- 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