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New Meadows

Learn about the people, housing, costs and businesses in New Meadows, Idaho

Median Home$568,900
Median Rent$1,080/month
Population500
Leading IndustriesWholesale Trade · Transportation · Construction19% wholesale trade
Home Value Growth⬆⬆+17.8% over 2 years
Retirees21% of residentsnear the national average
Homeowners92% of occupied units
NotableHigh Incomes$91k/year · top 24% nationally
New Meadows
ID

Frequently Asked Questions

What are today's mortgage rates in New Meadows?

As of today, the 30-year fixed mortgage rate for New Meadows is approximately 6.827% (6.861% 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 New Meadows?

The median home value in New Meadows is $569k. The median monthly rent is $1,080. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Meadows?

Home values in New Meadows have increased 17.8% 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 New Meadows?

Based on a typical all-in ownership cost of $1,058/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Meadows is $91k/year.

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What industries drive the economy in New Meadows?

The largest employment sectors in New Meadows are wholesale trade (19%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.