The typical owner-occupied home in Twin Falls County is worth about $337,900, 19% below the Idaho median of $418,600 and about the same as the national median of $332,700. Owners pay a median $2,066 a year in property taxes, about 0.61% of their home's value, higher than the Idaho rate of 0.49%. The median household earns $67,409 a year, so the median home costs 5.0 times the median income (5.4 times for Idaho). 70% of occupied homes here are lived in by their owners, and 63% of those owners still have a mortgage.
Twin Falls County at a glance
| Twin Falls County | Idaho | U.S. | |
|---|---|---|---|
| Median home value | $337,900 | $418,600 | $332,700 |
| Median property tax paid per year | $2,066 | $2,038 | $3,119 |
| Property tax as a share of value | 0.61% | 0.49% | 0.94% |
| Median household income | $67,409 | $77,800 | $80,734 |
| Homes lived in by their owners | 70% | 72% | 65% |
| Owner homes with a mortgage | 63% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,530 | $1,687 | $1,963 |
| Those costs as a share of the owners' income | 20.6% | 20.7% | 21.0% |
| Median rent | $1,089 | $1,238 | $1,413 |
| Rent as a share of renters' income | 30.8% | 28.7% | 30.6% |
| Median year homes were built | 1982 | 1991 | 1980 |
| Vacant homes | 4.6% | 10.3% | 10.1% |
| Population | 93,734 | 1,934,262 | 334,922,499 |
What a typical home costs per month in Twin Falls County
At this week's average 30-year rate of 7.11%, buying the median Twin Falls County home of $337,900 with 20% down costs about $2,131 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,694, 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 $91,329 for the 20%-down payment. That payment is 38% of the median Twin Falls County household income of $67,409; at that income and 20% down, the 28% guideline points to a home of about $249,000.
The median rent here is $1,089 a month, so owning the median home costs about $1,042 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $67,580 |
|---|---|
| Loan amount | $270,320 |
| Principal and interest | $1,818 |
| Property taxes (0.61% a year) | $172 |
| Homeowners insurance (our estimate, 0.5% a year) | $141 |
| PMI | $0 |
| Total per month | $2,131 |
Change the numbers in the calculator
| Down payment | $11,826 |
|---|---|
| Loan amount | $331,780 |
| Principal and interest | $2,232 |
| Property taxes (0.61% a year) | $172 |
| Homeowners insurance (our estimate, 0.5% a year) | $141 |
| FHA mortgage insurance | $149 |
| Total per month | $2,694 |
Change the numbers in the calculator
Questions about home buying in Twin Falls County
What is the median home value in Twin Falls County?
About $337,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Twin Falls County?
Homeowners pay a median $2,066 a year, which is about 0.61% 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 Twin Falls County?
For the median home with 20% down at 7.11%, the payment is about $2,131 a month. Keeping that under 28% of gross income takes about $91,329 a year.
More about Twin Falls County
- Mortgage Refinance in Twin Falls County
- Debt Relief in Twin Falls County
- Home Equity Loans in Twin Falls 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