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Bannock County, ID

RANK #680 / 996  ·  POP 87,434  ·  ID

PROJECTED GROWTH: +0.1%

Bannock County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Bannock County?

Bannock County, Idaho, is perhaps best known as home to Pocatello, the county seat and Idaho's fifth-largest city, often called the "Gate City" for its historical role as a transportation hub. Located in southeastern Idaho, it sits in the Portneuf River valley, roughly two hours from Yellowstone National Park. The community offers a four-season climate, with clear, sunny, and dry weather. Outdoor recreation is a significant draw, with the Portneuf Range offering hiking, camping, fishing, and skiing at Pebble Creek Ski Area. The Portneuf Greenway provides miles of trails along the river for walking and biking.

Life in Bannock County is characterized by a blend of urban amenities and access to natural landscapes. The presence of Idaho State University in Pocatello contributes to the area's educational and cultural scene, offering over 200 programs and acting as a major economic driver. Public schools in the county are rated above average. Commute times are generally short, with most workers having less than a 20-minute drive. The economy is diverse, with key industries including education, healthcare, manufacturing, and agriculture. Recent economic developments include investments in transportation infrastructure and initiatives aimed at transforming underutilized areas into economic hubs.

[02] Market Snapshot

Housing Ratio
6.0x

Above national median (4.7x)

GDP Growth
+3.0%

Above national median

Home Prices
+0.1%

Well below national median

Climate & Terrain
1.7

Moderate climate & terrain

Price/Rent
18x

Above national median (13x)

Housing is fairly valued at 6.0x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Bannock County U.S. National

The Numbers

DEMOGRAPHICS
Population
87,434
+1.24% YoY
Median Household Income
$60,998
Median Home Value
$233,500
+0.13% 12mo
Median Rent
$823
Average Annual Pay
$47,720
+4.7% YoY
Employment
37,594
+2.3% YoY
Income-to-Home-Value
0.2612
More affordable than average
Migration Inflow
4.24%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$344,000
Days on Market
89
Slower market
Months of Supply
3.5
Balanced market
Listings w/ Price Drops
29.1%
Building Permits (2024)
323
Single-Family Permits
277

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$450M
TOTAL
PROJECT AMOUNT STATUS
Harmon Solar Project (300 MW Solar + 1200 MWh BESS)
Balanced Rock Power
$300M Proposed
New Residential Construction (Multiple Developments)
Various Home Builders
$100M Under Construction
Savage Transload Network Facilities
Savage Transload Network
$50M Completed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +3.0% 57 percentile
Population Growth +1.2% 77 percentile
Income Growth +8.0% 36 percentile
Vacancy Rate 1.1% 48 percentile
Home Price Change +0.1% 32 percentile
Rent Growth +5.0% 79 percentile
Price/Rent 18x 15 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Bannock County, ID a good place to move to?

Bannock County has a Boom Town Index score of 32/100, ranking #680 among 996 U.S. counties. With job growth at +2.3% and a median household income of $60,998, it faces some economic headwinds compared to faster-growing counties.

Is Bannock County affordable?

The median home value in Bannock County is $233,500 with median rent at $823/month. The income-to-home-value ratio is 0.2612, which is more affordable than the national average.

Is Bannock County growing or shrinking?

Population growth: +1.2% year-over-year. Job growth: +2.3%. Home values changed +0.1% in the past 12 months.

Are people moving to Bannock County?

Yes — 4.24% of Bannock County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Lawrence County, PA 42 Jackson County, AL 42 Saline County, AR 42 Sedgwick County, KS 42 Howard County, MD 42 Carver County, MN 42 Montgomery County, MD 42 Pickaway County, OH 42