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Paris

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

Median Home$307,800
Median Rent$1,131/month
Population606
Leading IndustriesManufacturing · Finance & Insurance · Public Administration2% manufacturing
Home Value Growth⬆⬆⬆+34.4% over 2 years
Young Adults29% of residentsslightly above average
Homeowners94% of occupied units
NotableHigh Incomes$88k/year · top 27% nationally
Paris
ID

Frequently Asked Questions

What are today's mortgage rates in Paris?

As of today, the 30-year fixed mortgage rate for Paris 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 Paris?

The median home value in Paris is $308k. The median monthly rent is $1,131. Annual property taxes average $970. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Paris?

Home values in Paris have increased 34.4% 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 Paris?

Based on a typical all-in ownership cost of $835/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Paris is $88k/year.

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What industries drive the economy in Paris?

The largest employment sectors in Paris are public administration (26%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.