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Salary to Buy a Home

What Salary Do You Need to Buy a Home in Idaho? (2026)

To buy the median Idaho home ($432,000) with 20% down at today's 6.52% rate, you need an annual income of $105,302 — $38,828 more than the typical household earns ($66,474). Your monthly PITI payment would be $2,457. With 10% down and PMI, you need $128,831/year and pay $3,006/month.

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Income needed (20% down)

$105,302

NAR Q1 2026 / Freddie Mac

Median home price

$432,000

NAR Q1 2026

Monthly PITI (20% down)

$2,457/mo

Freddie Mac June 2026

Income Required to Buy a Median Idaho Home

At 6.52% (30-year fixed, Freddie Mac June 2026) using the 28% front-end DTI rule

20% Down — $86,400 down

$105,302

annual income required

Monthly PITI$2,457
Loan amount$345,600
No PMI required

10% Down — $43,200 down

$128,831

annual income required

Monthly PITI + PMI$3,006
Loan amount$388,800
PMI (0.85%/yr)$275/mo

Monthly Payment Breakdown — $432,000 Median Home

PITI = Principal + Interest + Taxes + Insurance. PMI added for 10%-down scenario.

Component20% Down10% Down
Principal & Interest (20% down)$2,189$2,463
Property Tax (0.49%)$176$176
Homeowners Insurance$92$92
PMI (10% down only)$275
Total Monthly PITI$2,457$3,006
Annual income required (28% DTI)$105,302$128,831

Rate: 6.52% 30-year fixed (Freddie Mac June 2026). Property tax: 0.49% effective rate. Insurance: $1,100/yr statewide average. PMI: 0.85% of loan annually.

Idaho Affordability Gap

How far the median household income is from what's needed to buy the median home

Affordability gap

+$38,828

shortfall vs. income required

Gap %

+58.4%

Income required (20% down)$105,302
Idaho median household income$66,474

Median households need 58.4% more income to clear the 28% DTI threshold

Price that fits the median income

$266,536

The most expensive home a typical Idaho household can buy and stay within the 28% PITI rule — at $66,474/year income, 20% down, 6.52% rate. That's $165,464 below Idaho's median home price.

Most & Least Affordable Counties in Idaho

Home prices vary significantly by county — these counties anchor the affordability spectrum

Most affordable counties

  • 1Clark County
  • 2Camas County
  • 3Butte County

Least affordable counties

  • 1Blaine County
  • 2Teton County
  • 3Ada County

County affordability reflects relative home price levels. Use the mortgage calculator for an exact income analysis at your target county price point.

Mortgage Calculator — Idaho

Pre-loaded with Idaho's $432,000 median home price at 6.52%

Mortgage Estimator

Idaho rates pre-loaded

$
3%50%
%

Monthly Payment

$2,756

estimated all-in payment (PITI)

Loan amount$345,600
Principal & Interest$2,189/mo
Property Tax (1.07% rate)$385/mo
Home Insurance$182/mo
Total Monthly PITI$2,756
Total interest (30 yr)$442,431

Tax and insurance estimates use national averages. For Idaho-specific numbers, see the full breakdown below.

Excludes HOA fees. Rates and costs are estimates; actual costs vary.

Full Calculator →

How Much Home Can You Afford in Idaho?

The income required figures above are for the median home. Enter your actual income to see what home price you qualify for.

Mortgage Affordability Calculator

Enter your income, debts, and down payment to find your maximum home price — pre-loaded for Idaho

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Frequently Asked Questions

What salary do you need to buy a house in Idaho?
To buy Idaho's median-priced home ($432,000) with 20% down at 6.52% (30-year fixed), you need $105,302/year. That keeps your monthly PITI (principal, interest, taxes, insurance) of $2,457 within the 28% front-end DTI guideline. With 10% down and PMI, the required income rises to $128,831/year with a $3,006/month payment. Source: NAR Q1 2026, Freddie Mac June 2026.
Can the average Idaho household afford a home?
Not easily. The median Idaho household earns $66,474/year, but qualifying for the median home requires $105,302 — an affordability gap of $38,828 (+58.4%). On the median income, the most you can spend and stay within the 28% guideline is $266,536.
What home price can I afford on Idaho's median income?
At $66,474/year (Idaho's median), your maximum monthly housing budget is $1,551 under the 28% DTI rule. Working backwards at 6.52% with 20% down, that supports a home price of $266,536 — $165,464 below the $432,000 median.
What is the PITI payment on a median Idaho home?
On Idaho's median home price of $432,000: with 20% down ($86,400 down), your PITI is $2,457/month. With 10% down ($43,200 down plus PMI), PITI rises to $3,006/month. PITI includes principal & interest at 6.52%, property tax at 0.49%, and homeowners insurance (PMI added for 10%-down scenario at 0.85% of loan annually). Source: Freddie Mac June 2026 / NAR Q1 2026.
What is the 28% rule for buying a home?
The 28% rule (HUD front-end DTI standard) says your monthly housing payment — principal, interest, taxes, and insurance (PITI) — should not exceed 28% of your gross monthly income. To qualify for Idaho's median home at 20% down, your PITI would be $2,457/month. Divide by 0.28 to get the required monthly income ($8,775), then multiply by 12: $105,302/year. Lenders also check back-end DTI (all debts ≤ 43%), so existing debt reduces what you can borrow.
Which Idaho counties are most and least affordable?
Idaho's most affordable counties for homebuyers include Clark County, Camas County, Butte County, where home prices are significantly below the state median. The least affordable are typically Blaine County, Teton County, Ada County, where prices far exceed the statewide average. County-level data is updated quarterly — use the mortgage calculator below for your specific target area.

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