ZIP Code 83624 is primarily associated with Grand View, ID in Owyhee County. The estimated median housing rent in this Idaho region is $541 per month. Approximately 45.7% of housing units in this Owyhee County ZIP Code are renter-occupied, and the region has an estimated vacancy rate of zero.
The median rent in ZIP Code 83624 of $541 per month is 37% lower than the aggregate Idaho median monthly rent of $853, and is 49% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 75.4% of residents in ZIP Code 83624 pay between $500 and $999 per month for rent. That is 39% higher than in Idaho overall, in which 54.2% of total state residents pay between $500 and $999 per month for housing. Just 4.3% of renters in this Grand View, ID region pay between $1,000 and $1,499 for monthly rent.
See the chart below for a comparison of monthly rental costs in ZIP Code 83624, Idaho, and also in the U.S. as a whole.
See the table below for the regional comparison of monthly rental costs.
Cost | ZIP 83624 | Idaho | U.S. |
---|---|---|---|
Less than $500 | 20.3% | 12.2% | 9.4% |
$500 to $999 | 75.4% | 54.2% | 36.2% |
$1,000 to $1,499 | 4.3% | 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% |
Renters in ZIP Code 83624 use an estimated 23.01% of their income to cover their monthly rent payments. That is about 20% 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 83624 renters use about 23% less of their income to cover rent expense. Household income figures for ZIP Code 83624 come in lower than in Idaho as a whole. The median annual household income in ZIP Code 83624 of $48,050 sits approximately 14% lower than the overall Idaho median income of $55,785 and approximately 24% lower than median income of $62,843 in the U.S. as a whole.
See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 83624, Idaho, and also in the U.S. as a whole.
See the table below for the regional comparison of monthly rent as a percentage of household income.
Rent Cost as % of Income | ZIP 83624 | Idaho | U.S. |
---|---|---|---|
Less than 15.0 percent | 29.4% | 14.9% | 13.1% |
15.0 to 19.9 percent | 16.2% | 14.0% | 12.9% |
20.0 to 24.9 percent | 20.6% | 13.5% | 12.9% |
25.0 to 29.9 percent | 5.9% | 11.4% | 11.6% |
30.0 to 34.9 percent | 8.8% | 8.5% | 9.1% |
35.0 percent or more | 19.1% | 37.7% | 40.5% |
See the table below for the regional comparison of annual household income in ZIP Code 83624.
Income | ZIP 83624 | Idaho | U.S. |
---|---|---|---|
Less than $10,000 | 4.4% | 5.7% | 6.0% |
$10,000 to $14,999 | 1.5% | 4.4% | 4.3% |
$15,000 to $24,999 | 5.2% | 9.8% | 8.9% |
$25,000 to $34,999 | 20.1% | 10.3% | 8.9% |
$35,000 to $49,999 | 22.6% | 14.3% | 12.3% |
$50,000 to $74,999 | 18.0% | 20.2% | 17.2% |
$75,000 to $99,999 | 5.9% | 12.9% | 12.7% |
$100,000 to $149,999 | 11.3% | 13.8% | 15.1% |
$150,000 to $199,999 | 0.0% | 4.6% | 6.8% |
$200,000 or more | 11.1% | 4.0% | 7.7% |
See the chart below for a comparison of annual household income figures in ZIP Code 83624, Idaho, and also in the U.S. overall.
See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 83624.
ZIP 83624 | Idaho | U.S. | |
---|---|---|---|
Median Housing Rent | $541 | $853 | $1,062 |
Renter-Occupied Housing Units | 45.7% | 30.0% | 36.0% |
Rental Vacancy Rate | 0.0% | 5.1% | 6.0% |
Average Size of Renter-Occupied Unit | 2.62 | 2.54 | 2.49 |
Average # of Bedrooms Per Unit | 3.21 | 3.01 | 2.75 |
Percent of Income Spent on Rent | 23.01% | 28.9% | 29.83% |
Per Capita Income | $33,624 | $27,970 | $34,103 |
Median Household Income | $92,032 | $73,810 | $88,607 |
Living Below the Poverty Line | 7.7% | 9.1% | 9.5% |
In ZIP Code 83624 (Grand View, ID), and estimated 45.7% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.
The per capita income in 83624 is estimated at $33,624, which goes along with an estimated median household income of $92,032. About 7.7% of residents in this Owyhee County region live below the poverty line.
Among renter-occupied units in this ZIP, the average occupancy is 2.62 occupants, while the units have an aggregate average size of 3.21 bedrooms per unit.
Renters in this ZIP-defined region spend an average of 23.01% of their income on housing rental costs.