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Burley

Learn about the people, housing, costs and businesses in Burley, Idaho

Median Home$232,955
Median Rent$1,007/month
Population11,586
Leading IndustriesConstruction · Agriculture & Mining · Retail8% construction
Home Value Growth⬆⬆+13.4% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners64% of occupied units
NotableAmenity Score73/100 · highly walkable area
NotableTransit81/100 · excellent transit access
Burley
ID

Frequently Asked Questions

What are today's mortgage rates in Burley?

As of today, the 30-year fixed mortgage rate for Burley is approximately 6.898% (6.934% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Burley?

The median home value in Burley is $233k. The median monthly rent is $1,007. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Burley?

Home values in Burley have increased 13.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Burley?

Based on a typical all-in ownership cost of $971/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Burley is $62k/year.

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What industries drive the economy in Burley?

The largest employment sectors in Burley are public administration (18%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.