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Bonneville County, ID

RANK #550 / 996  ·  POP 124,490  ·  ID

PROJECTED GROWTH: +0.5%

Bonneville County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Bonneville County?

The city of Idaho Falls, the county seat and largest city in Bonneville County, is known for its scenic River Walk along the Snake River, featuring waterfalls created by a hydroelectric dam. Located in eastern Idaho, Bonneville County is approximately 45 miles west of Irwin and 28 miles west of Rexburg. The community offers a blend of urban amenities in Idaho Falls and access to extensive natural landscapes, including mountains less than an hour away. Outdoor recreation is a significant draw, with opportunities for boating, camping, fishing, and snowmobiling, particularly around the Ririe Reservoir. Life in Bonneville County appeals to families and young professionals, with a high homeownership rate. Public schools in the county are generally above average, including institutions like White Pine Charter School and Alturas Preparatory Academy. The local economy is experiencing growth, particularly in sectors like construction, business, and financial services. Major investments are also flowing into data centers and energy generation projects, with the Idaho National Laboratory being a key driver of economic activity and higher per capita income compared to the state average.

[02] Market Snapshot

Housing Ratio
5.2x

Above national median (4.7x)

GDP Growth
+4.0%

Well above national median

Home Prices
+0.6%

Well below national median

Climate & Terrain
2.0

Moderate climate & terrain

Price/Rent
17x

Above national median (13x)

Housing is fairly valued at 5.2x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Bonneville County U.S. National

The Numbers

DEMOGRAPHICS
Population
124,490
+2.23% YoY
Median Household Income
$73,103
Median Home Value
$288,300
+0.64% 12mo
Median Rent
$971
Average Annual Pay
$49,303
+3.4% YoY
Employment
61,259
-0.9% YoY
Income-to-Home-Value
0.2536
More affordable than average
Migration Inflow
2.73%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$382,500
Days on Market
72
Slower market
Months of Supply
2.9
Seller's market
Listings w/ Price Drops
24.8%
Building Permits (2024)
2,254
Single-Family Permits
1,135

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

[05] Capital Investment

$1,009M
TOTAL
PROJECT AMOUNT STATUS
Deep Atomic INL Data Center
Deep Atomic
$600M Planned
Arco Wind and Solar Project
Berkshire Hathaway (owner), PacifiCorp (operator)
$359M Planned
Amazon Delivery Station (W1D1)
Amazon
$50M Operating

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

[06] Score Breakdown

GDP Growth +4.0% 73 percentile
Population Growth +2.2% 91 percentile
Income Growth +12.6% 97 percentile
Vacancy Rate 1.0% 58 percentile
Home Price Change +0.6% 40 percentile
Rent Growth +2.6% 43 percentile
Price/Rent 17x 18 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Bonneville County has a Boom Town Index score of 45/100, ranking #550 among 996 U.S. counties. With job growth at -0.9% and a median household income of $73,103, it faces some economic headwinds compared to faster-growing counties.

Is Bonneville County affordable?

The median home value in Bonneville County is $288,300 with median rent at $971/month. The income-to-home-value ratio is 0.2536, which is more affordable than the national average.

Is Bonneville County growing or shrinking?

Population growth: +2.2% year-over-year. Job growth: -0.9%. Home values changed +0.6% in the past 12 months.

Are people moving to Bonneville County?

Yes — 2.73% of Bonneville County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Charles County, MD 55 Fairfield County, OH 55 Snohomish County, WA 55 Kings County, CA 55 Belmont County, OH 55 Kosciusko County, IN 55 Calvert County, MD 55 Hamilton County, OH 55