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Fremont County

Fremont County. Housing Market Analysis. Spring 2012. Research Team: Jeffrey Ryan, Brian Ward, Tom Hansen, Don Johnson. Fremont County. Average commute time: 21 minutes Median Income: $42,523 Mean Income: $53,175 Median Home Value: $125,200 35.6% with Mortgage Spent More Than 30%

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Fremont County

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  1. Fremont County Housing Market Analysis Spring 2012 Research Team: Jeffrey Ryan, Brian Ward, Tom Hansen, Don Johnson

  2. Fremont County • Average commute time: 21 minutes • Median Income: $42,523 • Mean Income: $53,175 • Median Home Value: $125,200 • 35.6% with Mortgage Spent More Than 30% • 23.8% Renting Spent More Than 30%

  3. Madison County • Median Income: $35,461 • Mean Income: $48,780 • 37.50% make less than $25,000/Year • Median Home Value: $176,800 • 36.7% of those with a mortgage pay 30% or more on housing • 65% of renters pay more than 30%

  4. Teton County (Idaho) • Average Commute Time: 24.6 minutes • Median Income: $53,364 • Mean Income: $61,276 • Median Home Value: $294,800 • 51% with mortgage pay more than 30% • 34.1% renting pay more than 30%

  5. Teton County (Wyoming) • Median Income: $66,237 • Mean Income: $106,096 • Median Home Value: $723,700 • 39.5% with a mortgage pay more than 30% • 46.7% renting pay more than 30%

  6. Rexburg • Median Income: $27,585 • Mean Income: $43,653 • Median Home Value: $171,000 • 30.8% with a mortgage pay more than 30% • 63.3% renting pay more than 30%

  7. St. Anthony • Average commute time: 19 minutes • Median Income: $38,395 • Mean Income: $44,603 • Median Home Value: $86,000 • 28.9% with a mortgage pay more than 30% • 17.8% renting pay more than 30%

  8. Ashton • Median Income: $38,347 • Mean Income: $40,380 • Median Home Value: $101,500 • 21.8% with a mortgage pay more than 30% • 34.6% renting pay more than 30%

  9. Island Park • Median Income: $27,750 • Mean Income: $41,130 • Median Home Value: $192,100

  10. Driggs • Average Commute Time: 31.9 Minutes • Median Income: $41,894 • Mean Income: $52,726 • Median Home Value: $243,000 • 37.8% with a mortgage pay more than 30% • 38.7% renting pay more than 30%

  11. Victor • Average commute time: 29.2 minutes • Median Income: $55,189 • Mean Income: $62,151 • Median Home Value: $264,000 • 51% with a mortgage pay more than 30% • 18.4% renting pay more than 30%

  12. County Comparison

  13. County Comparison

  14. County Comparison

  15. County Comparison

  16. County Comparison

  17. County Comparison

  18. City Comparison

  19. City Comparison

  20. Alternative Housing Options • Converted old hotels • Subsidized Units • Rented Basements

  21. Case Studies

  22. Recommendations

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