IncomeBy County

Gooding County, Idaho

Income Data

U.S. Census Bureau ACS
-5% vs. Idaho average
$62,395
Median Household Income
$29,647
Per Capita Income

At a Glance

Median Household Income
$62,395
-5% vs. state avg
Per Capita Income
$29,647
-25% vs. national
Income-to-Housing Ratio
26.9%
income as % of home value
Rank in Idaho
#28 / 44
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How Gooding County Compares

Gooding County$62,395
Idaho Average$65,770
National Median$74,755

Detailed Income Statistics

$62,395
Median Household Income
$29,647
Per Capita Income
$231,800
Median Home Value
26.9%
Income-to-Housing Ratio

Income Advisory: Gooding County

Income Verdict

Gooding County has a median household income of $62,395 and per capita income of $29,647 — a gap of $32,748, suggesting a typical mix of dual-income and single-earner households.

Housing Affordability

With median gross rent at $859/month and a median household income of $62,395, rent consumes approximately 16.5% of monthly income — well within affordable thresholds.

Economic Context

With a median household income of $62,395, residents of Gooding County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $29,647 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.

Neighbor Context

Gooding County earns approximately 5.1% below the Idaho state median household income of $65,770.

Data Story

About Household Income in Gooding County, Idaho

Gooding County trails national income average

Gooding County's median household income of $62,395 falls $12,360 short of the national median of $74,755, representing 83% of the U.S. norm. This gap reflects Gooding's agricultural and resource-based economic foundation.

Below Idaho average but competitive statewide

Gooding County's $62,395 median trails Idaho's state average of $65,770 by $3,375. Per capita income of $29,647 underperforms the state average of $32,503, suggesting income concentration in fewer households.

Middle-tier earner among regional counties

Gooding County ($62,395) outpaces Clark, Clearwater, and Custer counties but trails Franklin, Fremont, and Gem. Elmore County ($58,976) falls slightly below Gooding, rounding out the middle tier of this regional group.

Housing costs remain manageable overall

Gooding County's rent-to-income ratio of 16.5% sits well within the healthy 17% benchmark, allowing households to balance housing costs with other expenses. A median home value of $231,800 remains accessible given median household earnings.

Steady wealth building with disciplined saving

Gooding County residents benefit from manageable housing costs at 16.5% of income, freeing capital for systematic investment. Setting up automatic transfers to index funds or employer retirement plans can build substantial wealth even with moderate income growth.

Frequently Asked Questions

What is the median household income in Gooding County, Idaho?
The median household income in Gooding County, Idaho is $62,395, 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 Gooding County?
The per capita income in Gooding County is $29,647, 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 $62,395.
How does Gooding County compare to the Idaho average?
Gooding County's median household income of $62,395 is lower than the Idaho state average of $65,770. The per capita income is $29,647, compared to the state average of $32,503.
What is the per capita income in Gooding County, Idaho?
The per capita income in Gooding County, Idaho is $29,647, 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.
Is Gooding County a low-income area in Idaho?
Gooding County's median household income of $62,395 is below the Idaho average of $65,770. The per capita income of $29,647 is also lower than the state average of $32,503. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Gooding County rank for income in Idaho?
Gooding County ranks #28 out of 44 counties in Idaho by median household income (1 = highest). With a median household income of $62,395 and per capita income of $29,647, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Gooding County

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1.00x

Your income is above the Gooding County median

County median: $62,395 per year

vs. County Median

+0%

vs. State Average

-5%

vs. National Median

-17%

vs. Gooding County MedianAbout equal
vs. Idaho Average▼ 5% below
vs. National Median▼ 17% below

Income Adequacy

Monthly income covers median rent6.1x

Your monthly income ($5,200) vs. median rent ($859/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Counties with Similar Income Levels

McCracken County
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$62,385
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$62,407
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Garfield County
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$62,411
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Davidson County
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$62,426
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Boundary County
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$62,438
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Iroquois County
Illinois
$62,439
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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

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

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