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Letha

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

Median Home$399,500
Median Rent$1,028/month
Population180
Leading IndustriesPublic Administration · Transportation · Retail27% public administration
Home Value Growth+10.4% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners64% of occupied units
Letha
ID

Frequently Asked Questions

What are today's mortgage rates in Letha?

As of today, the 30-year fixed mortgage rate for Letha is approximately 6.997% (7.037% 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 Letha?

The median home value in Letha is $400k. The median monthly rent is $1,028. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Letha?

Home values in Letha have increased 10.4% 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 Letha?

Based on a typical all-in ownership cost of $961/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Letha is $59k/year.

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What industries drive the economy in Letha?

The largest employment sectors in Letha are public administration (27%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.