Quick facts: Rigby, ID

Quick Facts

101.3
Cost of Living
above US average
5,452
Population
9.54
Crime Rate per 1000
below US average
$73,807
Median Income
below US average
$340,900
Median House Price
above US average
$1537.5
Average Rent
above US average
Poverty rate Data is updating, will be available soon
Unemployment Data is updating, will be available soon

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 $73,807.

🏠

Income Needed to Buy

βœ— Stretch
$107k/year
Based on $340,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $107k vs median $73,807
🏒

Income Needed to Rent

βœ“ Affordable
$66k/year
Based on $1537.5/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($73,807) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Rigby, ID

Rigby is a charming city located in Jefferson County, Idaho. Known for its friendly community and rich agricultural history, Rigby is often referred to as the "Birthplace of the TV" since Philo Farnsworth, the inventor of television, grew up here. The city offers a blend of rural tranquility and small-town living, making it a great place for families and individuals seeking a quieter lifestyle. The area is surrounded by picturesque landscapes, with the nearby Snake River and various mountains providing opportunities for outdoor recreation such as hiking, fishing, and camping. Rigby also features a number of parks, including the popular Rigby Lake, which is perfect for picnics and water activities during the warmer months. In terms of amenities, Rigby has a selection of restaurants, shops, and local businesses, fostering a close-knit community spirit. The city's location, conveniently situated near major highways, offers access to larger cities like Idaho Falls, making it viable for commuters. Rigby maintains a strong sense of heritage and community, celebrated through various local events and activities throughout the year.

πŸ” Search & Compare Places

First Location πŸ“