Twin Falls, ID
The numbers that matter most
What an investor checks first when sizing up a new metro — affordability ratio, rent vs income, cap rate proxy, and where the market is moving. Each metric shown vs. state and national medians for instant context.
moderate
Price to income
4.28×
The single most-cited 'is this market still cheap' check. Below 3× and you're in an affordability tailwind.
- vs Idaho
- 4.24×
- vs U.S.
- 3.43×
Benchmark
ACS median home value ÷ median HHI
comfortable
Rent to income
23.2%
What share of a typical household's income goes to rent. Below 30% means tenants can absorb modest rent increases.
- vs Idaho
- 22.6%
- vs U.S.
- 23.3%-0.1
Benchmark
(HUD FMR 2BR × 12) ÷ median HHI
tight
Cap rate proxy
3.52%
Rough first-pass yield assuming a 35% expense ratio. Not an underwriting number — a 'is this even worth modeling' filter.
- vs Idaho
- 3.21%+0.31
- vs U.S.
- 4.35%
Benchmark
(FMR 2BR × 12 × 0.65) ÷ ACS median home value
steady
Net migration
+0.26%
Forward-looking demand signal. Positive net migration drives rent growth and absorbs new supply.
- vs Idaho
- 0.26%=
- vs U.S.
- 0.03%+0.24
Benchmark
IRS net migration ÷ population
strong
Permit pipeline
5.50
permits per 1,000 residents
Forward-supply indicator. Above ~5 means the metro is building meaningfully relative to its size; below 2 means supply is tight.
- vs Idaho
- 7.45
- vs U.S.
- 3.52+1.98
Benchmark
Census BPS permits TTM ÷ population × 1,000
healthy
Unemployment
3.3%
Tighter unemployment means higher wages, more rental demand, lower vacancy.
- vs Idaho
- 3.5%-0.2
- vs U.S.
- 3.9%-0.6
Benchmark
BLS LAUS, latest month
Where prices are and where they've been
5-year price appreciation
+58.1%
homeValues.yearOverYear
+2.3%
Median home value
$284,200
The rent ladder
| Bedroom | Monthly | Annual | % of median HHI |
|---|---|---|---|
| 1 BR | $979 | $11,748 | 17.7% |
| 2 BR | $1,284 | $15,408 | 23.2% |
| 3 BR | $1,786 | $21,432 | 32.2% |
Labor market direction
Unemployment
3.3%
Median household income
$66,473
What's being built
Total TTM
633
+1.5% YoY
Single-family
599
2–4 unit
28
5+ unit
6
All 2 counties, ranked by population
| County | Population | Home value | Median HHI | Permits TTM | YoY |
|---|---|---|---|---|---|
| Twin Falls County | 90,592 | $292,700 | $65,338 | 493 | |
| Jerome County | 24,474 | $254,000 | $69,338 | 140 | +42.9% |
Similar metros nationally
| Metro | Pop | Med HHI | P/I | Cap proxy | HPI 5y | Permits/1k | Unemp |
|---|---|---|---|---|---|---|---|
| ★Twin Falls | 115,066 | $66,473 | 4.28× | 3.52% | +58.1% | 5.50 | 3.3% |
| Brunswick, GA | 113,854 | $64,819 | — | — | +72.5% | — | 2.8% |
| Watertown-Fort Drum, NY | 117,445 | $64,978 | — | — | +31.6% | — | 4.8% |
| Williamsport, PA | 114,022 | $64,412 | — | — | +42.4% | — | 4.1% |
| Lewiston-Auburn, ME | 111,532 | $67,298 | — | — | +73.9% | — | 3.3% |
| Lawrence, KS | 119,094 | $68,756 | — | — | +50.2% | — | 3.1% |
Where people are moving in from
Net migration
+304
+0.26% of population
| Origin county | Tax returns |
|---|---|
| Twin Falls County, ID | 258 |
| Jerome County, ID | 254 |
| Ada County, ID | 251 |
| Gooding County, ID | 169 |
| Cassia County, ID | 78 |
| Canyon County, ID | 64 |
Who lives in Twin Falls
- Median age
- 36
- Bachelor's+
- 21.0%
- Owner-occupancy
- 70.7%
- Vacancy rate
- 5.3%
- Rent burdened (30%+)
- 41.7%
- Median household income
- $66,473
This page shows federally sourced data. A full editorial analysis with charts and investment commentary is in progress.