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Basalt, ID

Full City Profile · Idaho · Bingham County County

3.0 /5.0
B Good
511 Population 1,762/sq mi density
$75,375 Median Income $29,434 per capita
$300,000 Home Value $421,576 Zillow
$1,025 Median Rent 29.2% income on rent
47°F Avg Temperature 302 sunny days/yr
23 Violent Crime/100K 1,185 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$75,375 median income, 0.3% unemployment
A
Affordability
4.4 / 5.0
$300,000 home value, $1,025/mo rent
F
Safety
1.0 / 5.0
23 violent crimes/100K
D
Education
1.9 / 5.0
11.8% bachelor's degree or higher

Income Overview

Median Household Income
$75,375
0% below
US avg: $75,149
Per Capita Income
$29,434
25% below
US avg: $39,052
Unemployment Rate
0.3%
92% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: Basalt vs. U.S. Average

Each bar shows Basalt’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$75,375
100%
Per Capita
US: $39,052
$29,434
75%
IRS Avg AGI
US: $72,000
$67,220
93%
Avg Weekly Wage
US: $1,432
$915
64%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$915
36% below US avg ($1,432)
Mean Commute Time
28 min
0% below US avg (28 min)
Work From Home
13.8%
9% below US avg (15.2%)
Drive Alone
74.2%
1% above US avg (73.2%)
Public Transit
0.4%
92% below US avg (5.0%)
County GDP
$2,218M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 74.2%
Public Transit 0.4%
Work From Home 13.8%
Other 11.6%
Average commute time
28 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,520
Restaurants
63
Healthcare
118
Retail
108
Manufacturing
44

Tax & Financial

IRS Avg Adjusted Gross Income
$67,220
7% below US avg ($72,000)
Avg Property Tax
$2,926
16% below US avg ($3,500)
Cost of Living Index
95.5
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$75,375
Per Capita Income$29,434
IRS Avg Adjusted Gross Income$67,220
Avg Weekly Wage$915
County GDP$2,218M

Hardship Indicators

Unemployment Rate0.3%
Poverty Rate0.0%
Gini Coefficient0.429
Cost of Living Index95.5

Commute

Mean Commute28 minutes
Drive Alone74.2%
Public Transit0.4%
Work From Home13.8%

Businesses

Total Establishments1,520
Restaurants63
Healthcare118
Retail108
Manufacturing44

Tax

IRS Avg AGI$67,220
Avg Property Tax$2,926