The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
A low score in the employment category could indicate that this area struggles with high unemployment rates and low household income and income per capita levels.
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Bonners Ferry is a smaller city located in the state of Idaho. The city has a population of 2,639 residents. At 90%, the majority of the Bonners Ferry population is White; this is followed by 1% Black and 1% Asian.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Bonners Ferry, Idaho could be a fulfilling experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. With useful information like commute, health & safety, employment and other key data points, finding the best places to live in Bonners Ferry and in the areas around Bonners Ferry is a much easier task.
Bonners Ferry has a livability score of 61 out of 100 and is ranked #153 in Idaho and #15,171 in the USA. If we consider each of the categories on their own, we see that Bonners Ferry ranks well for cost of living (A) and housing (B-). There is at least one category that you should be aware of in Bonners Ferry. The following was graded with a less than perfect score: amenities (F) and employment (F).
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Bonners Ferry, the unemployment rate stands at 1.75%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Bonners Ferry has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Bonners Ferry is actually affordable. The median home price for Bonners Ferry homes is $173,500, which is 3.3% higher than the Idaho average. If we take a closer look at the affordability of homes in Bonners Ferry, we’ll see that the home price to income ratio is 5, which is 47.1% higher than the Idaho average.
Statistic | Bonners Ferry | Idaho | National |
Average one way commute | 22min | 20min | 26min |
Workers who drive to work | 67.6% | 78.3% | 76.4% |
Workers who carpool | 13.4% | 10.0% | 9.3% |
Workers who take public transit | 0.0% | 0.7% | 5.1% |
Workers who bicycle | 3.0% | 1.0% | 0.6% |
Workers who walk | 8.7% | 2.8% | 2.8% |
Working from home | 7.2% | 5.9% | 4.6% |