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Bonneville County, ID

RANK #470 / 1001 NAT  ·  POP 129,523

1YR FORECAST: -0.9%

5YR OUTLOOK: +29%

Bonneville County's housing market is projected to grow -0.9% over the next year, tracking near the national average.

[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.

MARKET PROFILE

Idiosyncratic Markets

Bonneville County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +0.4% YoY, population +1.9%, wages +3.6%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
14.7x

Overvalued relative to economy

Home Prices
+0.4%

Well below national median

Climate & Terrain
2.0

Moderate climate & terrain

Price/Rent
22x

Prices detached from rents

Housing looks overvalued at 14.7x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Bonneville Joint School District Education
    1,000+
  2. 2
    Idaho Falls School District Education
  3. 3
    Melaleuca Manufacturing
  4. 4
    Eastern Idaho Regional Medical Center Healthcare
  5. 5
    Mountain View Hospital Healthcare
  6. 6
    Walmart Retail
  7. 7
    City of Idaho Falls Government
    500+
  8. 8
    Bonneville County Government
  9. 9
    Idaho Falls Community Hospital Healthcare
  10. 10
    College of Eastern Idaho Education
    250+

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Bonneville County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
129,523
+1.94% YoY
Median Household Income
$79,068
Median Home Value
$368,800
+0.43% 12mo
Median Rent
$1,133
Average Annual Pay
$51,063
+3.6% YoY
Employment
63,573
+3.8% YoY
Income-to-Home-Value
0.2144
Near national average
Migration Inflow
2.43%
of pop. from another state
Bachelor's Degree+
33.1%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$407,000
Days on Market
30
Active market
Months of Supply
3.0
Balanced market
Listings w/ Price Drops
40.0%
Building Permits (2025)
1,219
Single-Family Permits
713

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

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.3
per 100K · nat avg 6.3
Firearm Fatalities
18.8
per 100K · nat avg 14.8
Injury Deaths
85.9
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B+
AIR QUALITY
GRADE
Median AQI (3yr)
27.7
Good
Good Air Days
85%
907 of 1,061 days
Unhealthy+ Days (3yr)
10
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
31
2022
27
2023
25
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] Score Breakdown

Population Growth +1.9% 86 percentile
Income Growth +3.2% 61 percentile
Vacancy Rate 0.9% 53 percentile
Home Price Change +0.4% 32 percentile
Rent Growth +1.6% 28 percentile
Price/Rent 22x 11 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

Bonneville County scores 53/100 on the Boom Town Index, landing in the middle of the pack among 1001 U.S. counties (#470). Median household income is $79,068 and job growth is running at +3.8%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Bonneville County affordable?

Bonneville County leans toward the expensive side. A median home value of $368,800 against an income-to-home-value ratio of 0.21 means housing eats a bigger share of local earnings than the national norm. Renters face $1,133/month on average.

Is Bonneville County growing or shrinking?

Bonneville County is growing on multiple fronts. Population is up +1.9% year-over-year while employers added jobs at a +3.8% clip. Home values shifted +0.4% in the past year.

Are people moving to Bonneville County?

There's a moderate stream of newcomers. About 2.43% of residents moved from another state, which is above average and suggests Bonneville County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Kootenai County, ID 59 Bannock County, ID 65 Twin Falls County, ID 70 Bonner County, ID 36 Madison County, ID 35 Canyon County, ID 81 Tangipahoa Parish, LA 53 Daviess County, KY 53