Idaho variant. This is a Idaho-specific version of the Salary Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Salary Calculator.
A $74,636 salary goes much further in some states than others. Idaho's median home value of $460,000, 5.695% top income tax rate, and 6.03% combined sales tax together define local purchasing power.
Salary vs. cost of living in Idaho
Comparing a job offer across states means adjusting for taxes and housing, not just the headline number. In Idaho, the median household earns $74,636 while the median home costs $460,000 - a price-to-income ratio of about 6.2x.
Idaho's 5.695% top income tax rate trims the value of raises for higher earners relative to no-tax states.
About taxes and housing in Idaho
Idaho applies a single flat income tax rate to taxable income.
Idaho has relatively low property taxes and offers a homeowner's exemption that reduces the taxable value of an owner-occupied home.
Idaho's economy is fueled by agriculture, technology, and one of the fastest population growth rates in the country.
Worked example: housing affordability on $74,636
A common guideline caps housing at 28% of gross income - about $1,742/month in Idaho. At 6.5% over 30 years with 20% down, that payment supports a home priced near $344,406, versus the state median of $460,000.
Quick reference
- State income tax: Flat 5.695% as of 2024
- State sales tax: 6% (plus 0.03% avg local)
- Median home value: $460,000
- Median household income: $74,636
- Effective property tax rate: 0.55%
- Avg auto insurance: $1,094/yr
Frequently Asked Questions
Is $74,636 a good salary in Idaho?
It matches the Idaho median household income, so it places you near the middle of local earners. Affordability depends heavily on the $460,000 median home price.
How much do I need to live comfortably in Idaho?
Budgets vary, but the 50/30/20 rule on the $74,636 median income allots about $3,110/month to needs.