HousingHandbookReference data

U.S. ZIP Code · ID83647

Elmore County

Typical home value

$357,881[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.1%
5-year / yr
+5.2%
10-year / yr
+10.6%

Relative price

vs U.S.
+26.0%
vs metro
vs state
-17.4%
ZIP 83647 location in ID
Location of ZIP 83647 in ID

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 83647 is worth $357,881. Over the past year, values have risen 1.1%. Homes here rent for a typical $1,464 a month — a 4.9% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,464[2]
Gross yield
4.9%[2]
Cap rate
2.9%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.6%[3]
Typical annual tax
$2,243[3]

#Climate risk

FEMA National Risk Index ratings for Elmore County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Very Low
Coastal flood
Not Applicable
Wildfire
Relatively High
Drought
Very Low
Heat wave
Relatively Low
Hurricane
Not Applicable
Tornado
Very Low
Earthquake
Very Low
Winter weather
Relatively Moderate

#Who lives here

Population
22,952[3]
Median household income
$63,760[3]

#Migration

Household moves in and out of Elmore County over a year, from IRS tax-return data.

Net migration
-84[5]
Moved in
1,256
Moved out
1,340

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
13
Elementary
5
Middle
3
High
5
  • MOUNTAIN HOME SR HIGH SCHOOL

    High · Grades 9–12 · MOUNTAIN HOME DISTRICT

    894 students

  • WEST ELEMENTARY SCHOOL

    Elementary · Grades PK–4 · MOUNTAIN HOME DISTRICT

    542 students

  • HACKER MIDDLE SCHOOL

    Middle · Grades 5–6 · MOUNTAIN HOME DISTRICT

    537 students

  • MOUNTAIN HOME JUNIOR HIGH SCHOOL

    Middle · Grades 7–8 · MOUNTAIN HOME DISTRICT

    514 students

  • EAST ELEMENTARY SCHOOL

    Elementary · Grades PK–4 · MOUNTAIN HOME DISTRICT

    422 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield4.9%
Net yield (after ~40% expenses)2.9%
Annual rent$17,566

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,810
Loan principal$286,305
Down payment$71,576
Total interest paid$365,166

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.57
Monthly cost to own$2,296
Monthly rent$1,464

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
[1]
Rental yield
[2]
Property tax
[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 83647?
The typical home in 83647 is worth $357,881, based on the Zillow Home Value Index.
Are home values rising in 83647?
Home values in 83647 are up 1.1% over the past year, and up 5.2% a year over five years.
What is the typical rent in 83647?
A typical home in 83647 rents for about $1,464 a month, a gross rental yield of 4.9%.
What is the property tax rate in 83647?
The effective property tax rate in 83647 is 0.6% — roughly $2,243 a year on a typical home.
Who lives in 83647?
ZIP code 83647 has a population of 22,952 and a median household income of $63,760.

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