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Rental Insights for ZIP Code 83425 (Hamer, ID)

Housing Rentals in ZIP Code 83425 (Hamer, ID)

83425 ZIP Code in Idaho

Everything to Know About Rentals in the U.S. ZIP Code 83425

ZIP Code 83425 is primarily associated with Hamer, ID in Jefferson County. The estimated median housing rent in this Idaho region is $963 per month. About 16.6% of housing units in the region are renter-occupied, and this Jefferson County ZIP Code has an approximate rental vacancy rate of zero.

The median rent in ZIP Code 83425 of $963 per month is 13% higher than the aggregate Idaho median monthly rent of $853, and is 9% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 61.5% of residents in ZIP Code 83425 pay between $500 and $999 per month for rent. That is 13% higher than in Idaho overall, in which 54.2% of total state residents pay between $500 and $999 per month for housing.

ZIP Code 83425 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 83425

See the chart below for a comparison of monthly rental costs in ZIP Code 83425, Idaho, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 83425 along with those in the state of Idaho and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 83425

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 83425 Idaho U.S.
Less than $500 0.0% 12.2% 9.4%
$500 to $999 61.5% 54.2% 36.2%
$1,000 to $1,499 38.5% 26.2% 30.0%
$1,500 to $1,999 0.0% 5.3% 14.0%
$2,000 to $2,499 0.0% 1.1% 5.6%
$2,500 to $2,999 0.0% 0.4% 2.4%
$3,000 or more 0.0% 0.6% 2.4%

Rent Cost vs. Income in ZIP Code 83425

Renters in ZIP Code 83425 use an estimated 24.81% of their income to cover their monthly rent payments. That is about 14% lower than in Idaho overall. The estimate for Idaho overall is 28.9% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 83425 renters use about 17% less of their income to cover rent expense. Household income figures for ZIP Code 83425 come in higher than in Idaho as a whole. The median annual household income in ZIP Code 83425 of $59,375 sits approximately 6% higher than the overall Idaho median income of $55,785 and approximately 6% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 83425

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 83425, Idaho, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 83425 along with the same calculations in the state of Idaho and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 83425

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 83425 Idaho U.S.
Less than 15.0 percent 0.0% 14.9% 13.1%
15.0 to 19.9 percent 7.7% 14.0% 12.9%
20.0 to 24.9 percent 38.5% 13.5% 12.9%
25.0 to 29.9 percent 53.8% 11.4% 11.6%
30.0 to 34.9 percent 0.0% 8.5% 9.1%
35.0 percent or more 0.0% 37.7% 40.5%

Household Income in ZIP Code 83425

See the table below for the regional comparison of annual household income in ZIP Code 83425.

Income ZIP 83425 Idaho U.S.
Less than $10,000 2.5% 5.7% 6.0%
$10,000 to $14,999 2.5% 4.4% 4.3%
$15,000 to $24,999 3.1% 9.8% 8.9%
$25,000 to $34,999 14.7% 10.3% 8.9%
$35,000 to $49,999 24.5% 14.3% 12.3%
$50,000 to $74,999 12.3% 20.2% 17.2%
$75,000 to $99,999 20.2% 12.9% 12.7%
$100,000 to $149,999 6.7% 13.8% 15.1%
$150,000 to $199,999 4.9% 4.6% 6.8%
$200,000 or more 8.6% 4.0% 7.7%

Household Income in ZIP Code 83425

See the chart below for a comparison of annual household income figures in ZIP Code 83425, Idaho, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 83425 alongside the same figures for the state of Idaho and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 83425

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 83425.

ZIP 83425 Idaho U.S.
Median Housing Rent $963 $853 $1,062
Renter-Occupied Housing Units 16.6% 30.0% 36.0%
Rental Vacancy Rate 0.0% 5.1% 6.0%
Average Size of Renter-Occupied Unit 3.67 2.54 2.49
Average # of Bedrooms Per Unit 3.62 3.01 2.75
Percent of Income Spent on Rent 24.81% 28.9% 29.83%
Per Capita Income $25,544 $27,970 $34,103
Median Household Income $84,071 $73,810 $88,607
Living Below the Poverty Line 13.6% 9.1% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 83425

In ZIP Code 83425 (Hamer, ID), and estimated 16.6% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 83425 is estimated at $25,544, which goes along with an estimated median household income of $84,071. About 13.6% of residents in this Jefferson County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 3.67 occupants, while the units have an aggregate average size of 3.62 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 24.81% of their income on housing rental costs.

Rental FAQs for ZIP Code 83425

1

What is the median monthly rent in ZIP Code 83425?

Median rent for housing in ZIP Code 83425 in Jefferson County in Idaho is approximately $963 per month.
2

Is it expensive to rent in ZIP Code 83425?

Rent in ZIP Code 83425 is higher than average in the state of Idaho overall. The median monthly rent of $963 in ZIP Code 83425 is approximately 13% higher than the Idaho median of $853. Additionally, median rent in this Hamer, ID region ($963) is about 9% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 83425?

High-priced rentals are not common in the Hamer, ID ZIP Code of 83425, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Idaho overall, approximately 0.6% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 83425?

Affordable rentals are less common in ZIP Code 83425 than in Idaho overall. The percentage of housing rentals in ZIP Code 83425 costing $999 or less per month (61.5%) is approximately 7% lower than the Idaho rate of 66.4% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 35% lower than the previously mentioned 83425 rate of 61.5%.
5

What is the most common cost range that rentals fall into in ZIP Code 83425?

The most common range for rental cost in ZIP Code 83425 is between $500 and $999 per month. About 61.5% of renters in 83425 pay in this range for monthly rent. In comparison, approximately 54.2% of renters in the state of Idaho fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 83425 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 83425 is lower than the rental vacancy rate in the state of Idaho overall. Rental vacancy of 0.0% in ZIP Code 83425 is about 100% lower than the Idaho rate of 5.1%. Looking more broadly, rental vacancy in this Hamer, ID region (0.0%) is an estimated 100% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 83425? How does it compare to other Idaho regions?

Median household income in ZIP Code 83425 is higher than in the state of Idaho overall. Annual household income of $59,375 in ZIP Code 83425 is about 6% higher than the Idaho median of $55,785. Additionally, median household income in this Hamer, ID region ($59,375) is approximately 6% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 83425 spend on housing costs?

Renters in ZIP Code 83425 spend a lower amount of their income on rent costs than do renters in Idaho overall. Renters in ZIP Code 83425 spend an estimated 24.81% of their income on rent payments, which is about 14% lower than the overall Idaho estimated rate of 28.9%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 17% higher than the ZIP Code 83425 estimated rate of 24.81%.
9

Do renters in ZIP Code 83425 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 83425 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 83425 spending 30 percent or more of their income on rent costs (0%) is approximately 100% lower than the Idaho rate of 46.2% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 100% higher than the aforementioned 83425 rate of 0%.
10

What is the average household size of renter-occupied units in ZIP Code 83425?

The average household size of renter-occupied units in ZIP Code 83425 is higher than in the state of Idaho overall. Annual household size of 3.67 in ZIP Code 83425 is about 44% higher than the Idaho median of 2.54. Additionally, median household size in this Hamer, ID region (3.67) is approximately 47% higher than median household size of 2.49 in the U.S. as a whole.