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Ponderay

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

Median Home$436,426
Median Rent$1,279/month
Population1,429
Leading IndustriesRetail · Manufacturing · Finance & Insurance24% retail
Home Value Growth+7.4% over 2 years
Young Adults27% of residentsnear the national average
Homeowners61% of occupied units
NotableTransit87/100 · excellent transit access
NotableAmenity Score69/100 · highly walkable area
Ponderay
ID

Frequently Asked Questions

What are today's mortgage rates in Ponderay?

As of today, the 30-year fixed mortgage rate for Ponderay is approximately 6.885% (6.921% 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 Ponderay?

The median home value in Ponderay is $436k. The median monthly rent is $1,279. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ponderay?

Home values in Ponderay have increased 7.4% over the past two years. This represents moderate growth. 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 Ponderay?

Based on a typical all-in ownership cost of $1,280/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ponderay is $69k/year.

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What industries drive the economy in Ponderay?

The largest employment sectors in Ponderay are retail (24%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.