The typical owner-occupied home in Lemhi County is worth about $326,100, 22% below the Idaho median of $418,600 and about the same as the national median of $332,700. Owners pay a median $1,156 a year in property taxes, about 0.35% of their home's value, lower than the Idaho rate of 0.49%. The median household earns $53,202 a year, so the median home costs 6.1 times the median income (5.4 times for Idaho). 79% of occupied homes here are lived in by their owners, and 48% of those owners still have a mortgage.
Lemhi County at a glance
| Lemhi County | Idaho | U.S. | |
|---|---|---|---|
| Median home value | $326,100 | $418,600 | $332,700 |
| Median property tax paid per year | $1,156 | $2,038 | $3,119 |
| Property tax as a share of value | 0.35% | 0.49% | 0.94% |
| Median household income | $53,202 | $77,800 | $80,734 |
| Homes lived in by their owners | 79% | 72% | 65% |
| Owner homes with a mortgage | 48% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,397 | $1,687 | $1,963 |
| Those costs as a share of the owners' income | 22.6% | 20.7% | 21.0% |
| Median rent | $754 | $1,238 | $1,413 |
| Rent as a share of renters' income | 33.2% | 28.7% | 30.6% |
| Median year homes were built | 1979 | 1991 | 1980 |
| Vacant homes | 26.0% | 10.3% | 10.1% |
| Population | 8,249 | 1,934,262 | 334,922,499 |
What a typical home costs per month in Lemhi County
At this week's average 30-year rate of 7.11%, buying the median Lemhi County home of $326,100 with 20% down costs about $1,986 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,529, 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 $85,112 for the 20%-down payment. That payment is 45% of the median Lemhi County household income of $53,202; at that income and 20% down, the 28% guideline points to a home of about $204,000.
The median rent here is $754 a month, so owning the median home costs about $1,232 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $65,220 |
|---|---|
| Loan amount | $260,880 |
| Principal and interest | $1,755 |
| Property taxes (0.35% a year) | $95 |
| Homeowners insurance (our estimate, 0.5% a year) | $136 |
| PMI | $0 |
| Total per month | $1,986 |
Change the numbers in the calculator
| Down payment | $11,414 |
|---|---|
| Loan amount | $320,194 |
| Principal and interest | $2,154 |
| Property taxes (0.35% a year) | $95 |
| Homeowners insurance (our estimate, 0.5% a year) | $136 |
| FHA mortgage insurance | $144 |
| Total per month | $2,529 |
Change the numbers in the calculator
Questions about home buying in Lemhi County
What is the median home value in Lemhi County?
About $326,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Lemhi County?
Homeowners pay a median $1,156 a year, which is about 0.35% 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 Lemhi County?
For the median home with 20% down at 7.11%, the payment is about $1,986 a month. Keeping that under 28% of gross income takes about $85,112 a year.
More about Lemhi County
- Mortgage Refinance in Lemhi County
- Debt Relief in Lemhi County
- Home Equity Loans in Lemhi 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