Gem County, Idaho

Income Data

+1% vs. Idaho average
$66,245
Median Household Income
$34,695
Per Capita Income

At a Glance

Median Household Income
$66,245
+1% vs. state avg
Per Capita Income
$34,695
-12% vs. national
Income-to-Housing Ratio
18.0%
income as % of home value
Rank in Idaho
#19 / 44
by median household income

How Gem County Compares

Gem County$66,245
Idaho Average$65,770
National Median$74,755

Detailed Income Statistics

$66,245
Median Household Income
$34,695
Per Capita Income
$367,300
Median Home Value
18.0%
Income-to-Housing Ratio

Data Story

About Household Income in Gem County, Idaho

Gem County approaches the national income baseline

Gem County's median household income of $66,245 reaches 89% of the national median of $74,755, a gap of $8,510. This positions Gem as a solid performer relative to typical U.S. counties.

Above state average, second-strongest regionally

Gem County exceeds Idaho's state median of $65,770 by $475, placing it near the top tier statewide. Per capita income of $34,695 surpasses the state average of $32,503, reflecting more evenly distributed wealth.

Second-best earner after Fremont County

Gem County ($66,245) trails only Fremont County ($72,767) and matches Franklin County ($65,991) in this group, handily outpacing Clark, Clearwater, Custer, Elmore, and Gooding. The county demonstrates strong economic momentum in central Idaho.

Solid housing affordability despite high home values

Gem County's rent-to-income ratio of 16.1% sits comfortably in the healthy range below 17%, despite the region's highest median home value of $367,300. Strong incomes make homeownership accessible even at premium valuations.

Build diverse investment portfolio here

With housing affordability secured at 16.1% of income and above-state-average earnings, Gem County households can pursue diversified wealth strategies. Consider combining home equity investments with broader stock market exposure and tax-advantaged retirement accounts to compound growth.

Frequently Asked Questions

What is the median household income in Gem County, Idaho?
The median household income in Gem County, Idaho is $66,245, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Gem County?
The per capita income in Gem County is $34,695, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $66,245.
How does Gem County compare to the Idaho average?
Gem County's median household income of $66,245 is higher than the Idaho state average of $65,770. The per capita income is $34,695, compared to the state average of $32,503.
What is the per capita income in Gem County, Idaho?
The per capita income in Gem County, Idaho is $34,695, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Gem County income higher than the Idaho average?
Gem County's median household income of $66,245 is higher than the Idaho average of $65,770. This difference of $475 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Gem County rank for income in Idaho?
Gem County ranks #19 out of 44 counties in Idaho by median household income (1 = highest). With a median household income of $66,245 and per capita income of $34,695, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Gem County

$
1.00x

Your income is above the Gem County median

County median: $66,245 per year

vs. County Median

+0%

vs. State Average

+1%

vs. National Median

-11%

vs. Gem County MedianAbout equal
vs. Idaho Average1% above
vs. National Median11% below

Income Adequacy

Monthly income covers median rent6.2x

Your monthly income ($5,520) vs. median rent ($887/mo). A ratio of 3.3x or higher means rent is under 30% of income.

Sponsored

Grow Your Wealth

See how your income stacks up in Gem County, Idaho? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.

Start Investing

Counties with Similar Income Levels

Sponsored

Compare Financial Products in Idaho

Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.

Compare Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.