Homedale, ID
Population 3,006 · Idaho
About Homedale, ID
Homedale is a small town located in Idaho with a population of 3,006 residents according to the latest US Census Bureau American Community Survey data. The median household income is $49,764 per year, which is 34% below the national median of $75,149. The median age of 30.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Homedale features a median home value of $200,000, which is 18% below the national median of $244,900. This positions Homedale in a moderately priced market relative to the rest of the country. Median monthly rent is $951, 18% below the national average of $1,163/month. Of the 1,017 total housing units, 63% are owner-occupied (630 units) and 37% are renter-occupied (366 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Homedale shows an unemployment rate of 5.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 19.7%, above the national average of 12.4%. Workers in Homedale have an average one-way commute time of 24.7 minutes.
Education & Demographics
10.4% of Homedale 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 32.3% White, 7.6% Hispanic or Latino, 0.0% Black or African American, and 3.6% Asian residents, with 11.2% of the population being foreign-born.
Cost of Living in Homedale, ID
Compared to national averages, Homedale has a median household income of $49,764 (34% below the national median of $75,149). Home values average $200,000, which is 18% below the national median. Monthly rent at $951 is 18% below the US average of $1,163. Within Idaho, Homedale's income is 24% below the state average of $65,190, and home values are 27% below the state median of $274,721.
Why Live in Homedale, ID?
Homedale offers affordable housing with a median home value of $200,000, below the US average of $244,900, and rent that’s lower than the national average at $951/month, and short commute times averaging just 24.7 minutes.
Potential considerations include median household income ($49,764) that falls below the national average. However, Homedale’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Homedale has a population of 3,006 with a median age of 30.9 years. Compare Homedale with other cities to see how it stacks up, or explore all cities in Idaho.
Similar Cities Near Homedale
Cities in Idaho with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Victor | 3,024 | $73,664 | $591,500 | Compare |
| St. Maries | 3,032 | $52,468 | $205,400 | Compare |
| Wendell | 2,940 | $54,850 | $209,600 | Compare |
| Iona | 2,882 | $83,750 | $364,400 | Compare |
| Soda Springs | 3,150 | $47,480 | $204,800 | Compare |
| Filer | 2,837 | $53,508 | $224,400 | Compare |
| Salmon | 3,196 | $40,875 | $198,400 | Compare |
| Mountain Home AFB | 3,198 | $72,411 | $0 | 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.
Compare Homedale With Other Cities
Frequently Asked Questions about Homedale
What is the population of Homedale, ID?
The population of Homedale, ID is 3,006 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Idaho.
What is the median household income in Homedale?
The median household income in Homedale, ID is $49,764 per year, which is 34% below the national median of $75,149.
What is the median home value in Homedale?
The median home value in Homedale, ID is $200,000, which is 18% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Homedale?
The median monthly rent in Homedale, ID is $951, which is 18% below the national average of $1,163/month.
What is the unemployment rate in Homedale?
The unemployment rate in Homedale, ID is 5.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Homedale, ID a good place to live?
Homedale offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 3,006 and a median age of 30.9, the city appeals to young professionals and families.
How educated is Homedale, ID?
10.4% of residents in Homedale 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 Homedale?
Key cost-of-living indicators for Homedale, ID: median home value is $200,000 (18% below national), median rent is $951/month, and median household income is $49,764. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Homedale?
The poverty rate in Homedale, ID is 19.7%, 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 Homedale, ID?
Homedale's population is 32.3% White, 7.6% Hispanic or Latino, 0.0% Black or African American, 3.6% Asian, and 0.0% two or more races. 11.2% of residents are foreign-born.