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Orofino

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

Median Home$264,884
Median Rent$916/month
Population2,672
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade7% construction
Home Value Growth⬆⬆+11.7% over 2 years
Retirees27% of residentsabove average nationally
Homeowners77% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
Orofino
ID

Frequently Asked Questions

What are today's mortgage rates in Orofino?

As of today, the 30-year fixed mortgage rate for Orofino is approximately 6.924% (6.961% 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 Orofino?

The median home value in Orofino is $265k. The median monthly rent is $916. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Orofino?

Home values in Orofino have increased 11.7% 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 Orofino?

Based on a typical all-in ownership cost of $825/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Orofino is $59k/year.

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What industries drive the economy in Orofino?

The largest employment sectors in Orofino are public administration (24%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.