Basalt, ID
Population 511 · Idaho
About Basalt, ID
Basalt is a small community in Idaho with a population of 511 residents. The median household income is $75,375 per year, which is above the national average. The median age in Basalt is 36.5 years.
Housing in Basalt has a median home value of $300,000 and median monthly rent of $1,025. Of the 180 total housing units, the majority are owner-occupied, with 156 owner-occupied and 19 renter-occupied units.
The unemployment rate in Basalt is 0.4% and the poverty rate is 1.8%. 11.8% of residents hold a bachelor's degree or higher. The average commute time is 27.7 minutes.
How Basalt Ranks in Idaho
Cost of Living in Basalt, ID
Compared to national averages, Basalt has a median household income of $75,375 (0% above the national median of $75,149). Home values average $300,000, which is 22% above the national median. Monthly rent at $1,025 is 12% below the US average of $1,163. Within Idaho, Basalt's income is 16% above the state average of $65,190, and home values are 9% above the state median of $274,721.
Why Live in Basalt, ID?
Basalt offers a strong local economy with a median household income of $75,375, well above the national average, and rent that’s lower than the national average at $1,025/month, and a strong job market with an unemployment rate of just 0.4%. Additionally, the city features a low poverty rate of 1.8%, better than the national average.
Basalt has a population of 511 with a median age of 36.5 years. Compare Basalt with other cities to see how it stacks up, or explore all cities in Idaho.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Basalt
What is the population of Basalt, ID?
The population of Basalt, ID is 511 according to the latest Census data.
What is the median household income in Basalt?
The median household income in Basalt, ID is $75,375 per year.
What is the median home value in Basalt?
The median home value in Basalt, ID is $300,000.
What is the average rent in Basalt?
The median monthly rent in Basalt, ID is $1,025.
What is the unemployment rate in Basalt?
The unemployment rate in Basalt, ID is 0.4%.