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Menan

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

Median Home$318,000
Median Rent$1,166/month
Population780
Leading IndustriesArts, Food & Hospitality · Information & Media · Construction9% arts, food & hospitality
Home Value Growth+1.8% over 2 years
Family-Friendly32% of residentstop 2% nationally
Homeowners82% of occupied units
NotableHigh Incomes$85k/year · top 30% nationally
Menan
ID

Frequently Asked Questions

What are today's mortgage rates in Menan?

As of today, the 30-year fixed mortgage rate for Menan is approximately 6.871% (6.906% 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 Menan?

The median home value in Menan is $318k. The median monthly rent is $1,166. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Menan?

Home values in Menan have increased 1.8% over the past two years. The market has been relatively stable. 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 Menan?

Based on a typical all-in ownership cost of $1,009/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Menan is $85k/year.

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What industries drive the economy in Menan?

The largest employment sectors in Menan are public administration (23%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.