Eagle, Ketchum, Star: These cities aren’t just some of the best places to live in Idaho. They are also home to some of the richest people in the Gem State.
Eagle in particular houses the richest residents in the state thanks, in part, to a median household income of $114,271 and a ridiculously low poverty rate of 5.493390917419187%.
If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Idaho share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.
How did we come up with these mega wealthy cities? We analyzed Census data from the 2018-2022 American Community Survey for the 47 places in Idaho with more than 3,000 people.
Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Richest Places In Idaho For 2024
For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in Idaho.
Rich people not your cup of tea? Feel free to check out some more reading about Idaho:
The 10 Richest Cities In Idaho For 2024
1. Eagle
/10
Population: 30,635
Median Income: $114,271
Median Home Values: $798,612
More on Eagle: Data | Cost Of Living | Real Estate
2. Ketchum
/10
3. Star
/10
Population: 11,971
Median Income: $88,625
Median Home Values: $556,806
More on Star: Data | Cost Of Living | Real Estate
4. Hailey
/10
Population: 9,238
Median Income: $77,035
Median Home Values: $776,233
More on Hailey: Data | Crime | Cost Of Living | Real Estate
5. Meridian
/10
Population: 119,872
Median Income: $93,296
Median Home Values: $510,137
More on Meridian: Data | Crime | Cost Of Living | Real Estate
6. Rathdrum
/10
Population: 9,556
Median Income: $80,934
Median Home Values: $525,955
More on Rathdrum: Data | Crime | Cost Of Living | Real Estate
7. Hayden
/10
Population: 15,703
Median Income: $72,227
Median Home Values: $573,102
More on Hayden: Data | Cost Of Living | Real Estate
8. Kuna
/10
Population: 24,845
Median Income: $83,960
Median Home Values: $423,480
More on Kuna: Data | Cost Of Living | Real Estate
9. Boise City
/10
Population: 234,192
Median Income: $76,402
Median Home Values: $468,085
More on Boise City: Data | Real Estate
10. Post Falls
/10
Population: 40,002
Median Income: $71,042
Median Home Values: $489,488
More on Post Falls: Data | Crime | Cost Of Living | Real Estate
Methodology: How We Determined The Richest Places In Idaho For 2024
The first thing that comes to most people’s minds when they think about determining the richest places is simply identifying personal incomes. After all, rich people have really high salaries.
However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places.” So we looked at this set of criteria from the newly released 2018-2022 American Community Survey and applied Saturday Night Science:
- Median Home Values
- Median Household Income
Median household income is the most digestible way to understand how rich a place is. And home values are a measure of wealth. The two combine to define a “Rich City.”
After we collected the data for all 47 places with more than 3,000 people in Idaho, we ranked each place from 1 to 47 for each of the criteria, with 1 being the richest.
We then averaged all the rankings for a place into a “Rich Score,” with the place having the lowest overall Rich Score, Eagle, crowned the “Richest City In Idaho For 2024.”
The data has been updated for 2024. This is our tenth time ranking the wealthiest cities in Idaho.
You can skip to the end to see the rankings for all 47 places.
Summary: The Wealthiest Places In Idaho For 2024
Like we said earlier, when we set out to identify the richest places in Idaho, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Idaho.
The richest cities in Idaho are Eagle, Ketchum, Star, Hailey, Meridian, Rathdrum, Hayden, Kuna, Boise City, and Post Falls.
When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.
If you’re curious enough, here are the poorest cities in Idaho, according to data:
Poorest: St. Anthony
2nd Poorest: Soda Springs
3rd Poorest: Gooding
For more Idaho reading, check out:
Detailed List Of The Richest Cities In Idaho
Rank | City | RichScore | Median Income | Average Home Price |
---|---|---|---|---|
1 | Eagle | 1.5 | $114,271 | $798,612 |
2 | Ketchum | 2.5 | $87,478 | $1,324,859 |
3 | Star | 5.0 | $88,625 | $556,806 |
4 | Hailey | 5.0 | $77,035 | $776,233 |
5 | Meridian | 6.0 | $93,296 | $510,137 |
6 | Rathdrum | 7.5 | $80,934 | $525,955 |
7 | Hayden | 8.5 | $72,227 | $573,102 |
8 | Kuna | 11.5 | $83,960 | $423,480 |
9 | Boise City | 11.5 | $76,402 | $468,085 |
10 | Post Falls | 12.0 | $71,042 | $489,488 |
11 | Rigby | 12.5 | $73,807 | $450,677 |
12 | Coeur D’alene | 13.0 | $65,786 | $548,397 |
13 | Middleton | 14.0 | $68,947 | $468,505 |
14 | Sandpoint | 15.0 | $60,208 | $593,858 |
15 | Kimberly | 15.5 | $72,063 | $415,885 |
16 | Ammon | 16.0 | $76,471 | $391,748 |
17 | Mccall | 17.0 | $57,788 | $748,440 |
18 | Garden City | 17.5 | $61,548 | $485,171 |
19 | Nampa | 18.0 | $67,346 | $396,042 |
20 | Chubbuck | 21.0 | $69,992 | $364,541 |
21 | Idaho Falls | 21.5 | $66,463 | $366,971 |
22 | Fruitland | 21.5 | $64,167 | $393,238 |
23 | Caldwell | 22.0 | $65,259 | $379,133 |
24 | Emmett | 25.0 | $54,575 | $428,806 |
25 | Moscow | 25.0 | $53,679 | $432,402 |
26 | Lewiston | 25.5 | $63,109 | $356,242 |
27 | Jerome | 26.5 | $59,656 | $366,237 |
28 | Twin Falls | 29.0 | $58,024 | $348,378 |
29 | Preston | 29.0 | $51,914 | $395,648 |
30 | Shelley | 30.0 | $64,783 | $305,862 |
31 | Blackfoot | 31.5 | $57,951 | $331,966 |
32 | Burley | 32.0 | $58,889 | $315,637 |
33 | Rexburg | 32.5 | $46,286 | $393,055 |
34 | Heyburn | 33.0 | $61,443 | $303,355 |
35 | Mountain Home | 34.0 | $53,108 | $339,060 |
36 | Pocatello | 34.5 | $56,115 | $313,922 |
37 | Payette | 35.0 | $51,477 | $340,535 |
38 | Buhl | 36.5 | $51,307 | $337,649 |
39 | Orofino | 38.5 | $51,518 | $310,979 |
40 | Salmon | 39.0 | $45,130 | $330,301 |
41 | American Falls | 39.0 | $55,465 | $285,048 |
42 | Rupert | 39.5 | $53,348 | $295,733 |
43 | Grangeville | 41.0 | $47,572 | $303,965 |
44 | Weiser | 41.5 | $41,491 | $319,644 |
45 | Gooding | 44.5 | $42,470 | $296,813 |
46 | Soda Springs | 45.0 | $44,301 | $286,713 |
47 | St. Anthony | 45.5 | $44,313 | $260,087 |