Quick facts: Ketchum, ID

Quick Facts

101.3
Cost of Living
above US average
3,553
Population
12.95
Crime Rate per 1000
below US average
$87,478
Median Income
above US average
$2,495,000
Median House Price
above US average
$5200.0
Average Rent
above US average
6%
Poverty Rate
below US average
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $87,478.

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Income Needed to Buy

βœ— Stretch
$783k/year
Based on $2,495,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $783k vs median $87,478
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Income Needed to Rent

⚠ Stretch
$223k/year
Based on $5200.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $223k vs median $87,478
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Ketchum, ID

Ketchum, Idaho, is a picturesque mountain town located in the Wood River Valley, near the stunning Sawtooth National Recreation Area. Known for its breathtaking landscapes, Ketchum offers a blend of outdoor adventure and vibrant culture. With a population of around 2,600, it serves as a gateway to the popular Sun Valley Resort, which attracts winter sports enthusiasts for skiing and snowboarding, as well as summer visitors for hiking, mountain biking, and fishing. The town is rich in artistic expression, featuring numerous galleries, theaters, and festivals throughout the year, such as the Ketchum Arts Festival. Ketchum also boasts diverse dining options, from casual eateries to fine dining, providing a taste of local cuisine and international flavors. Ketchum is surrounded by stunning mountains, with Bald Mountain being a prominent feature, offering year-round activities. The area's scenic beauty, coupled with its vibrant community and rich history as a mining town, make Ketchum a cherished destination for both residents and visitors alike.

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