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Gem County

Learn about the people, housing, costs and businesses in Gem County County

Median Home$422,608
Median Rent$1,038/month
Population20,614
Leading IndustriesWholesale Trade · Transportation · Construction16% wholesale trade
Home Value Growth+3.0% over 2 years
Retirees23% of residentsslightly above average
Homeowners76% of occupied units
NotableVeteran Community9% of residents · top 20% nationally
Gem County
ID

Frequently Asked Questions

What are today's mortgage rates in Gem County?

As of today, the 30-year fixed mortgage rate for Gem County is approximately 6.983% (7.008% 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 Gem County?

The median home value in Gem County is $423k. The median monthly rent is $1,038. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gem County?

Home values in Gem County have increased 3.0% over the past two years. This represents moderate growth. 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 Gem County?

Based on a typical all-in ownership cost of $976/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 Gem County is $66k/year.

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What industries drive the economy in Gem County?

The largest employment sectors in Gem County are public administration (23%) and wholesale trade (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas