Basalt

Population: 511
Median household income: $75,375
Median home value: $300,000

Located in Bingham County, Idaho, Basalt is a community with a population of 511. At $75,375, its median household income sits in line with Bingham County's $76,842.

From 2019 to 2023, Basalt's population grew 29.0% from 396 to 511, while its median home value rose 119.8% from $136,500 to $300,000.

86.7% of homes are single-family detached houses. The typical home was built around 1971.

Demographics

ACS 2019–2023

Population: 511
Median age: 36.5 yrs
Median household income: $75,375
Median home value: $300,000
Median gross rent: $1,025
Housing units: 180
Homeownership rate: 89.1%
Bachelor's degree or higher: 11.8%
Unemployment rate: 0.4%

Trends

ACS 5-year · 2019–2023

Population

396511

Median household income

$52,083$75,375

Median home value

$136,500$300,000

Median gross rent

$806$1,025

Year	Population	Median household income	Median home value	Median gross rent
2019	396	$52,083	$136,500	$806
2020	436	$57,813	$168,400	$817
2021	434	$60,000	$180,800	$867
2022	430	$72,917	$211,300	$1,036
2023	511	$75,375	$300,000	$1,025

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 56.3%

5 to 1726.8%

18 to 245.7%

25 to 345.3%

35 to 4417.2%

45 to 548.6%

55 to 6418.0%

65 to 746.8%

75 and over5.3%

	Count	Share
Under 5	32	6.3%
5 to 17	137	26.8%
18 to 24	29	5.7%
25 to 34	27	5.3%
35 to 44	88	17.2%
45 to 54	44	8.6%
55 to 64	92	18.0%
65 to 74	35	6.8%
75 and over	27	5.3%

Race & ethnicity

	Count	Share
White (non-Hispanic)	381	74.6%
Black or African American	0	0.0%
American Indian & Alaska Native	13	2.5%
Asian	3	0.6%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	13	2.5%
Two or more races	25	4.9%
Hispanic or Latino (any race)	76	14.9%

Educational attainment (age 25+)

No high school diploma11.2%

High school graduate32.9%

Some college or associate's44.1%

Bachelor's degree8.0%

Graduate or professional degree3.8%

	Count	Share
No high school diploma	35	11.2%
High school graduate	103	32.9%
Some college or associate's	138	44.1%
Bachelor's degree	25	8.0%
Graduate or professional degree	12	3.8%

Commute to work

Mean travel time to work: 28 min

Drove alone74.2%

Carpooled10.4%

Public transit0.4%

Walked1.3%

Bicycle0.0%

Worked from home13.8%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	178	74.2%
Carpooled	25	10.4%
Public transit	1	0.4%
Walked	3	1.3%
Bicycle	0	0.0%
Worked from home	33	13.8%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	57	27.5%
15 to 29 min	74	35.7%
30 to 44 min	24	11.6%
45 to 59 min	14	6.8%
60+ min	38	18.4%

Households

Average household size: 2.92
Poverty rate: 1.8% (9 of 511)

	Count	Share
Family households	134	76.6%
Nonfamily households	41	23.4%

Housing

Median year structure built: 1971

Occupancy

	Count	Share
Occupied	175	97.2%
Vacant	5	2.8%

Tenure (of occupied units)

	Count	Share
Owner-occupied	156	89.1%
Renter-occupied	19	10.9%

1-unit, detached86.7%

1-unit, attached2.8%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other10.6%

Units in structure

	Count	Share
1-unit, detached	156	86.7%
1-unit, attached	5	2.8%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	19	10.6%

Geography

Place GEOID: 1605230
Type (LSAD): 25
Land area: 0.29 sq mi
Water area: 0 sq mi
Center point: 43.3144, -112.1650