Counties / Idaho / Bannock County

Bannock County, ID

FIPS 16005 · population 89,454 · part of Pocatello, ID

$362k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$362k
▲ 0.9% year over year
Zillow ZHVI · direct
Median asking rent
$1,077
▲ 0.5% year over year
Zillow ZORI · direct
Gross yield
3.6%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$1,173
market rent is 0.92x the standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+61.9%not annualized · through 2025
0%ZILLOW ZHVI2026-06+0.9%FHFA HPI2025+0.6%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$301k
Surveyed gross rent$960
Rent burden 30%+48.1%
Median year built1976
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
7.1%vacant
36,168estimated housing units
Occupied tenure30.5% renter
owner 69.5%renter 30.5%
Structure mix72.8% single-family
Single-family 72.8%20+ units 3.7%Mobile home 7.3%Other 16.3%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs38,271▲ 1.8% from the prior annual release
Covered establishments3,273annual average reporting locations
Average weekly wage$962▲ 4.8% from the prior annual release
Largest private supersectorEducation and health services25.1% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+1.8%WEEKLY WAGE+4.8%Education and health services25.1%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Bannock County presents a decision tension: published gross income is measurable, but carrying-cost, listing-market and flood screens keep the case from being a simple cash-flow thesis. Buyers needing a demonstrated net return or rapid resale evidence should be cautious. Investigators focused on specific assets can test whether local rent support survives taxes, operating costs and hazard exposure. County evidence does not establish conditions across Pocatello or any neighborhood.

02Housing economics

Zillow's 2026-06 county observation put median home value at $362,328 and asking rent at $1,077 monthly, for a published 3.57% gross yield before costs. The 0.64% effective tax rate further narrows the visible spread; insurance, maintenance, financing, vacancy and management inputs are not published, so net yield cannot be calculated. HUD FMR is a payment standard, not market rent, and is not used for yield. Separately, FHFA's 2025 repeat-transaction HPI rose 0.59%; it is an index, not a home value, and is not combined with Zillow's different vintage or method.

03Demand & competition

Realtor.com's 2026-06 MLS market had median asking prices down 4.55% year over year, 49 median days on market, and 20.07% of listings reduced. They are asking-market, marketing-time and seller-concession evidence—not closed prices or stand-alone proof of buyer demand. Tax-return migration was negative 32 households, while in-movers' average AGI was $880 higher than out-movers'; that does not establish durable demand. Investor purchases represented 6.81% of 1,145 purchases, measuring participation rather than buyer-base control. QCEW measures annual covered jobs at county workplaces, not resident employment; Education and health services is the largest disclosed private supersector, not the whole economy.

04Risk & next checks

Modeled climate loss is 0.14% of building value annually and aligns with inland flood as the dominant hazard; it requires asset-level flood-zone, loss-history and insurance review, not a countywide cost assumption. Missing closed-sale comparables, property-level rents, vacancy, insurance quotes, operating expenses and financing terms prevent conclusions on exit value, achievable rent and net cash flow. Check whether reduced MLS asks become transactions, whether the asset is insurable, and whether its tax assessment differs from the county measure.

Cities & communities

Where people live within Bannock County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Pocatello city*57.6KChubbuck city16.1KFort Hall CDP*2.7KTyhee CDP1.6KInkom city936McCammon city909Downey city803Arimo city351
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

9 Census places

Population
  1. 01
    Pocatello cityIncorporated place · spans 2 counties
    57,635
  2. 02
    Chubbuck cityIncorporated place
    16,126
  3. 03
    Fort Hall CDPCensus-designated place · spans 2 counties
    2,654
  4. 04
    Tyhee CDPCensus-designated place
    1,568
  5. 05
    Inkom cityIncorporated place
    936
  6. 06
    McCammon cityIncorporated place
    909
  7. 07
    Downey cityIncorporated place
    803
  8. 08
    Arimo cityIncorporated place
    351
  9. 09
    Lava Hot Springs cityIncorporated place
    218

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.136% of building value expected lost per year

Effective property tax0.64%

$1,920 median annual bill

02
DemandIRS SOI household flows
Net migration-32

2,141 in · 2,173 out

Arriving vs leaving income+$880

$53,129 arriving · $52,249 leaving

03
CompetitionHMDA financed purchases
Purchases by investors6.8%

78 of 1,145 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings339▼ 2.6% year over year
Median days on market49▲ 12.0% year over year
Listings price-reduced20.1%seller-concession signal
Median listing pricen/a▼ 4.5% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

Bear case

What can break the county thesis

  1. Property-specific inland-flood exposure or insurance availability could be worse than the county modeled measure.
  2. Unpublished vacancy, repairs, management and financing costs could erase the gross-yield margin.
  3. Softer MLS asking conditions and negative migration may not support assumed leasing or exit depth.
Underwriting questions

Before pricing a property

Can the supplied record support a net-yield calculation?

No. It provides a 3.57% gross yield before costs, but insurance, maintenance, vacancy, management, financing and other operating inputs are not published.

How much investor participation is reported?

Investor purchases represented 6.81% of 1,145 purchases; this measures participation, not control of the buyer base.

What employment measure does QCEW provide?

QCEW provides annual covered employment at workplaces in the county, not resident employment, unemployment, or a forecast.