Craigmont, ID
Population 509 · Idaho
About Craigmont, ID
Craigmont is a small community located in Idaho with a population of 509 residents according to the latest US Census Bureau American Community Survey data. The median household income is $56,818 per year, which is 24% below the national median of $75,149. The median age of 57.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Craigmont features a median home value of $179,300, which is 27% below the national median of $244,900. This positions Craigmont in a moderately priced market relative to the rest of the country. Median monthly rent is $970, 17% below the national average of $1,163/month. Of the 254 total housing units, 88% are owner-occupied (205 units) and 12% are renter-occupied (27 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Craigmont shows an unemployment rate of 5.5%, which is near the national rate of 3.7%. The poverty rate stands at 13.4%, above the national average of 12.4%. Workers in Craigmont have an average one-way commute time of 18.9 minutes, one of the shorter commutes in the region.
Education & Demographics
17.2% of Craigmont residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 3.3% White, 7.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.6% of the population being foreign-born.
How Craigmont Ranks in Idaho
Cost of Living in Craigmont, ID
Compared to national averages, Craigmont has a median household income of $56,818 (24% below the national median of $75,149). Home values average $179,300, which is 27% below the national median. Monthly rent at $970 is 17% below the US average of $1,163. Within Idaho, Craigmont's income is 13% below the state average of $65,190, and home values are 35% below the state median of $274,721.
Why Live in Craigmont, ID?
Craigmont offers affordable housing with a median home value of $179,300, below the US average of $244,900, and rent that’s lower than the national average at $970/month, and short commute times averaging just 18.9 minutes.
Potential considerations include median household income ($56,818) that falls below the national average. However, Craigmont’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Craigmont has a population of 509 with a median age of 57.3 years. Compare Craigmont with other cities to see how it stacks up, or explore all cities in Idaho.
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Demographics
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Economy & Education
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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 Craigmont
What is the population of Craigmont, ID?
The population of Craigmont, ID is 509 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Idaho.
What is the median household income in Craigmont?
The median household income in Craigmont, ID is $56,818 per year, which is 24% below the national median of $75,149.
What is the median home value in Craigmont?
The median home value in Craigmont, ID is $179,300, which is 27% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Craigmont?
The median monthly rent in Craigmont, ID is $970, which is 17% below the national average of $1,163/month.
What is the unemployment rate in Craigmont?
The unemployment rate in Craigmont, ID is 5.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Craigmont, ID a good place to live?
Craigmont offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 509 and a median age of 57.3, the city appeals to established professionals and retirees.
How educated is Craigmont, ID?
17.2% of residents in Craigmont aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Craigmont?
Key cost-of-living indicators for Craigmont, ID: median home value is $179,300 (27% below national), median rent is $970/month, and median household income is $56,818. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Craigmont?
The poverty rate in Craigmont, ID is 13.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Craigmont, ID?
Craigmont's population is 3.3% White, 7.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.6% of residents are foreign-born.