Grace, ID
Population 1,345 · Idaho
About Grace, ID
Grace is a small community in Idaho with a population of 1,345 residents. The median household income is $69,286 per year, which is near the national average. The median age in Grace is 36.7 years.
Housing in Grace has a median home value of $180,300 and median monthly rent of $271. Of the 451 total housing units, the majority are owner-occupied, with 345 owner-occupied and 61 renter-occupied units.
The unemployment rate in Grace is 3.4% and the poverty rate is 4.6%. 15.1% of residents hold a bachelor's degree or higher. The average commute time is 17.4 minutes.
How Grace Ranks in Idaho
Cost of Living in Grace, ID
Compared to national averages, Grace has a median household income of $69,286 (8% below the national median of $75,149). Home values average $180,300, which is 26% below the national median. Monthly rent at $271 is 77% below the US average of $1,163. Within Idaho, Grace's income is 6% above the state average of $65,190, and home values are 34% below the state median of $274,721.
Why Live in Grace, ID?
Grace offers affordable housing with a median home value of $180,300, below the US average of $244,900, and rent that’s lower than the national average at $271/month, and a strong job market with an unemployment rate of just 3.4%. Additionally, the city features a low poverty rate of 4.6%, better than the national average, and short commute times averaging just 17.4 minutes.
Potential considerations include median household income ($69,286) that falls below the national average. However, Grace’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grace has a population of 1,345 with a median age of 36.7 years. Compare Grace with other cities to see how it stacks up, or explore all cities in Idaho.
Similar Cities Near Grace
Cities in Idaho with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ashton | 1,329 | $66,250 | $222,300 | Compare |
| Genesee | 1,312 | $78,125 | $298,800 | Compare |
| Sun Valley | 1,383 | $82,045 | $845,600 | Compare |
| Moreland | 1,386 | $60,048 | $260,100 | Compare |
| Avimor | 1,289 | $92,458 | $544,200 | Compare |
| Hansen | 1,414 | $47,396 | $178,600 | Compare |
| Moyie Springs | 1,420 | $61,783 | $326,200 | Compare |
| Glenns Ferry | 1,443 | $51,625 | $189,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Idaho
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Grace
What is the population of Grace, ID?
The population of Grace, ID is 1,345 according to the latest Census data.
What is the median household income in Grace?
The median household income in Grace, ID is $69,286 per year.
What is the median home value in Grace?
The median home value in Grace, ID is $180,300.
What is the average rent in Grace?
The median monthly rent in Grace, ID is $271.
What is the unemployment rate in Grace?
The unemployment rate in Grace, ID is 3.4%.