Quick facts: Nampa, ID

Quick Facts

101.3
Cost of Living
above US average
110,951
Population
16.27
Crime Rate per 1000
below US average
$67,346
Median Income
below US average
$420,000
Median House Price
above US average
$46469.94
Average Rent
above US average
10%
Poverty Rate
below US average
4.2%
Unemployment Rate
above 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 $67,346.

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Income Needed to Buy

βœ— Stretch
$132k/year
Based on $420,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $132k vs median $67,346
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Income Needed to Rent

⚠ Stretch
$1992k/year
Based on $46469.94/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $1992k vs median $67,346
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Nampa, ID

Nampa, Idaho, is a vibrant city located in the southwestern part of the state, primarily in Canyon County. Positioned near Boise, Nampa is part of the larger Boise metropolitan area and has experienced significant population growth over the years. As of October 2023, the city boasts a diverse community with a blend of urban and suburban living. Nampa is known for its rich agricultural roots, which are still evident in the surrounding areas. The city's economy has diversified, featuring healthcare, education, and retail as key sectors. The presence of the Nampa School District provides educational opportunities, while the College of Western Idaho offers higher education options. Outdoor enthusiasts will appreciate Nampa's proximity to various parks and recreational areas, including Lake Lowell and the Snake River, which offer activities like fishing, boating, and hiking. The city also hosts a variety of cultural events and festivals throughout the year, contributing to its community-oriented atmosphere. With a growing arts scene and a commitment to maintaining parks and public spaces, Nampa combines small-town charm with the conveniences of modern living, making it an appealing place to live and visit.

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