The typical owner-occupied home in Smelterville is worth about $154,400, 63% below the Idaho median of $418,600 and 54% below the national median of $332,700. Owners pay a median $721 a year in property taxes, about 0.47% of their home's value, close to the Idaho rate of 0.49%. The median household earns $48,806 a year, so the median home costs 3.2 times the median income (5.4 times for Idaho). 78% of occupied homes here are lived in by their owners, and 27% of those owners still have a mortgage.
Smelterville at a glance
| Smelterville | Idaho | U.S. | |
|---|---|---|---|
| Median home value | $154,400 | $418,600 | $332,700 |
| Median property tax paid per year | $721 | $2,038 | $3,119 |
| Property tax as a share of value | 0.47% | 0.49% | 0.94% |
| Median household income | $48,806 | $77,800 | $80,734 |
| Homes lived in by their owners | 78% | 72% | 65% |
| Owner homes with a mortgage | 27% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $967 | $1,687 | $1,963 |
| Those costs as a share of the owners' income | 20.8% | 20.7% | 21.0% |
| Median rent | $815 | $1,238 | $1,413 |
| Rent as a share of renters' income | 46.4% | 28.7% | 30.6% |
| Median year homes were built | 1946 | 1991 | 1980 |
| Vacant homes | 6.8% | 10.3% | 10.1% |
| Population | 668 | 1,934,262 | 334,922,499 |
What a typical home costs per month in Smelterville
At this week's average 30-year rate of 7.11%, buying the median Smelterville home of $154,400 with 20% down costs about $956 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,213, 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 $40,960 for the 20%-down payment. That payment is 23% of the median Smelterville household income of $48,806; at that income and 20% down, the 28% guideline points to a home of about $184,000.
The median rent here is $815 a month, so owning the median home costs about $141 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $30,880 |
|---|---|
| Loan amount | $123,520 |
| Principal and interest | $831 |
| Property taxes (0.47% a year) | $60 |
| Homeowners insurance (our estimate, 0.5% a year) | $64 |
| PMI | $0 |
| Total per month | $956 |
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| Down payment | $5,404 |
|---|---|
| Loan amount | $151,603 |
| Principal and interest | $1,020 |
| Property taxes (0.47% a year) | $60 |
| Homeowners insurance (our estimate, 0.5% a year) | $64 |
| FHA mortgage insurance | $68 |
| Total per month | $1,213 |
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Questions about home buying in Smelterville
What is the median home value in Smelterville?
About $154,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Smelterville?
Homeowners pay a median $721 a year, which is about 0.47% 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 Smelterville?
For the median home with 20% down at 7.11%, the payment is about $956 a month. Keeping that under 28% of gross income takes about $40,960 a year.
More about Smelterville
- Mortgage Refinance in Smelterville
- Debt Relief in Smelterville
- Home Equity Loans in Smelterville
- 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