Area Insights of Hailey, ID

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 4%, reflecting steady buyer interest. A total of 9 homes were sold with 1 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

Hailey, ID

Date

04-09-2023

Price Ratio

98%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

No schools available

Middle School

Wood River Middle School

6 to 8

Ratings

C-

High School

Silver Creek High School

9 to 12

Wood River High School

9 to 12

Ratings

D

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 20% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (13,872)
6,670 Male
7,202 Female
Education
22% High School
4% Associate
33% Bachelor
14% Graduate
Age

Average Age is 44 Years

Household Details

The area's household landscape is diverse, with 75% owner-occupied homes and 25% renter-occupied properties. Family households represent 73% of the population, indicating a strong community focus on family living. The average home value stands at $1,377,234, which suggests ample demand for multi-bedroom properties.

Total Households
5,472
Average home value
$1,377,234
Owned
75%
Rented
25%
Vacant
23%
Families
73%
Married
60%
With children
32%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 1% Asian, 0% Black, and 1% Native residents, alongside 70% White and 26% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 33% of households earning over $100,000 annually, while 38% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
5%
Healthcare
8%
Professional
8%
Education
5%
Services
30%
Labor
25%
Retail
13%
Other
6%
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