Table of Content
In 2020, the median household income of the 10.1k households in Moscow, ID grew to $42,262 from the previous year's value of $41,896. In 2020, 39.3% of the housing units in Moscow, ID were occupied by their owner. This percentage declined from the previous year's rate of 40.8%. On average, the number of homes sold was down 40.6% year over year and there were 1,526 homes sold in November this year, down 2,575 homes sold in November last year. The median days on the market was 52 days, up 27 year over year. The average sale price of a home in Moscow was $445K last month, up 18.9% since last year.
The average sale price per square foot in Moscow is $218, up 6.9% since last year. Percentages are based on the number of housing units for each type over the total number of units across all types. The proportion of homes and apartments in the city built within a certain time period.
Idaho
People in Moscow, ID have an average commute time of 15.6 minutes, and they drove alone to work. Car ownership in Moscow, ID is approximately the same as the national average, with an average of 2 cars per household. This visualization illustrates the percentage distribution of the population according to the highest educational level reached. The line chart shows the evolution of the percentage of applicants admitted, admitted who enrolled or the number of students enrolled according to the option selected in the upper button. The most common employment sectors for those who live in Moscow, ID, are Educational Services , Accommodation & Food Services , and Retail Trade . This chart shows the share breakdown of the primary industries for residents of Moscow, ID, though some of these residents may live in Moscow, ID and work somewhere else.
In 2020, there were 22.4 times more White (Non-Hispanic) residents in Moscow, ID than any other race or ethnicity. There were 984 Two+ (Non-Hispanic) and 773 White residents, the second and third most common ethnic groups. Moscow, ID is home to a population of 25.7k people, from which 96% are citizens. As of 2020, 6.6% of Moscow, ID residents were born outside of the country (1.69k people). Compared to only Idaho, Moscow has a cost of living index that's 1.1x higher than Idaho's index of 94.
Safest Places In Idaho
The homeownership rate is also among the highest in the nation, at 74.8%. However, Mississippi also has the nation's highest poverty rate, with a fifth of its inhabitants living below the poverty line. Enhanced Cost of Living CalculatorNow includes childcare, taxes, health, housing for home owners vs renters, insurance costs and more when you upgrade to premium. The direction and pace at which home prices are changing are indicators of the strength of the housing market and whether homes are becoming more or less affordable. The median price of a home in the United States is currently $465,300. The predominate size of homes in the city based on the number of bedrooms.
Homeownership in the state is slightly higher than the national average, with 66.5% of residents owning their homes. Utah has the largest homes in the nation, with an average house measuring 2,305, nearly 50% more than the national average. However, homeownership rates are higher than the national average, with 70.3% of residents owning their homes. Colorado's homes are among the nation's largest, with the average home measuring 2,126 square feet. Colorado's homeownership rate is 67% higher than the national average despite the high home costs. A typical home in Washington state is 1,903 square feet and costs $595,723.
Housing
The chart underneath the paragraph shows the property taxes in Moscow, ID compared to it's parent and neighbor geographies. This chart illustrates the share breakdown of the primary jobs held by residents of Moscow, ID. Most people in Moscow, ID drove alone to work, and the average commute time was 15.6 minutes. The average car ownership in Moscow, ID was 2 cars per household. In 2020, the median property value in Moscow, ID was $240,500, and the homeownership rate was 39.3%.
Meanwhile, the median household income in the United States is $67,521 a year. This means the median family can only afford a mortgage of around $250,000 and may find themselves being priced out of owning a home. In fact, Idaho has the nation's second-highest level of population growth.
In 2019, the percentage of US citizens in Moscow, ID was 94.4%, meaning that the rate of citizenship has been increasing. According to the most recent data on the cost of living, Moscow has an overall cost of living index of 106 which is 1.1x higher than the national index of 100. The cost of living index is set to 100 for the average place in America. An index above 100 means Moscow is expensive, while a number below 100 means it's a relatively cheap place to live. Members receive 10 FREE city profile downloads a month, unlimited access to our detailed cost of living calculator and analysis, unlimited access to our DataEngine, and more. ClimateCheck™ analyzes a property's risk from climate change using the latest modeling and data from climate scientists, universities, and federal agencies.
Check out the latest Maps in a variety of categories including cost of living, population, and commute time. Notably, Moscow's appreciation rate in the latest quarter is one of the lowest in America. The following chart shows how the number of patients seen by primary care physicians has been changing over time in Latah County, ID in comparison to its neighboring geographies. Primary care physicians in Latah County, ID see 1216 patients per year on average, which represents a 14.4% increase from the previous year . Compare this to dentists who see 2228 patients per year, and mental health providers who see 608 patients per year.
Our data are calculated and updated every three months for each neighborhood, city and town, approximately two months after the end of the previous quarter. Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage transactions to the FHFA. These data are combined with the data of the previous 29 years to establish price differentials on properties where more than one mortgage transaction has occurred. These resultant neighborhood appreciation rates are a broad measure of the movement of single-family house prices. The appreciation rates serve as an accurate indicator of house price trends at the neighborhood level. Neighborhood appreciation rates from NeighborhoodScout are based on both median house value data reported by respondents via the U.S.
It's also important to consider median household incomes to make apples-to-apples comparisons across locations. In November 2022, Moscow home prices were up 18.9% compared to last year, selling for a median price of $445K. On average, homes in Moscow sell after 24 days on the market compared to 33 days last year. There were 19 homes sold in November this year, up from 19 last year. NeighborhoodScout reveals the home appreciation rates for every city, town, and even most neighborhoods in America.
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