The typical owner-occupied home in Newdale is worth about $302,100, 28% below the Idaho median of $418,600 and 9% below the national median of $332,700. Owners pay a median $1,267 a year in property taxes, about 0.42% of their home's value, lower than the Idaho rate of 0.49%. The median household earns $85,625 a year, so the median home costs 3.5 times the median income (5.4 times for Idaho). 95% of occupied homes here are lived in by their owners, and 66% of those owners still have a mortgage.
Newdale at a glance
| Newdale | Idaho | U.S. | |
|---|---|---|---|
| Median home value | $302,100 | $418,600 | $332,700 |
| Median property tax paid per year | $1,267 | $2,038 | $3,119 |
| Property tax as a share of value | 0.42% | 0.49% | 0.94% |
| Median household income | $85,625 | $77,800 | $80,734 |
| Homes lived in by their owners | 95% | 72% | 65% |
| Owner homes with a mortgage | 66% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,557 | $1,687 | $1,963 |
| Those costs as a share of the owners' income | 17.7% | 20.7% | 21.0% |
| Median rent | $888 | $1,238 | $1,413 |
| Rent as a share of renters' income | 19.4% | 28.7% | 30.6% |
| Median year homes were built | 1981 | 1991 | 1980 |
| Vacant homes | 1.3% | 10.3% | 10.1% |
| Population | 525 | 1,934,262 | 334,922,499 |
What a typical home costs per month in Newdale
At this week's average 30-year rate of 7.11%, buying the median Newdale home of $302,100 with 20% down costs about $1,857 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,361, 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 $79,603 for the 20%-down payment. That payment is 26% of the median Newdale household income of $85,625; at that income and 20% down, the 28% guideline points to a home of about $325,000.
The median rent here is $888 a month, so owning the median home costs about $969 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $60,420 |
|---|---|
| Loan amount | $241,680 |
| Principal and interest | $1,626 |
| Property taxes (0.42% a year) | $106 |
| Homeowners insurance (our estimate, 0.5% a year) | $126 |
| PMI | $0 |
| Total per month | $1,857 |
Change the numbers in the calculator
| Down payment | $10,574 |
|---|---|
| Loan amount | $296,628 |
| Principal and interest | $1,995 |
| Property taxes (0.42% a year) | $106 |
| Homeowners insurance (our estimate, 0.5% a year) | $126 |
| FHA mortgage insurance | $134 |
| Total per month | $2,361 |
Change the numbers in the calculator
Questions about home buying in Newdale
What is the median home value in Newdale?
About $302,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Newdale?
Homeowners pay a median $1,267 a year, which is about 0.42% 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 Newdale?
For the median home with 20% down at 7.11%, the payment is about $1,857 a month. Keeping that under 28% of gross income takes about $79,603 a year.
More about Newdale
- Mortgage Refinance in Newdale
- Debt Relief in Newdale
- Home Equity Loans in Newdale
- 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