Located in the state of Idaho, Twin Falls is a moderately-sized city with a population of 46,623 inhabitants. According to the most recent Census, 90% of Twin Falls residents are White, 3% Asian and 2% American Indian and Alaskan. If you are a young adult or student, you might be pleased to know that the average age of all Twin Falls residents is 33. 76% of the people in Twin Falls (over the age of 15) are married and 53% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Twin Falls could be a positive experience compared to other cities in Idaho if you know where to search. Finding the best places to live in Twin Falls and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes cost of living, weather, employment, housing and other important metrics.
The livability score in Twin Falls is 73 out of 100 and the city is ranked in the 77th percentile of all cities across America. For each of the livability categories, we see that Twin Falls ranks very well for amenities (A+), cost of living (B-) and housing (B). There is at least one category that does not have great scores in Twin Falls. The following was graded with a discouraging score: weather (D) and education (F).
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Twin Falls on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops. Here are some of the more popular things to do in Twin Falls: Shoshone Falls, Snake River Canyon Trail, and Perrine Bridge.
For buyers, real estate will be the largest purchase they ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Twin Falls apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city.
Twin Falls real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Twin Falls. Median real estate prices in Twin Falls come in at $143,400, which is 14.6% lower than the Idaho average. The home price to income ratio compares the median home prices to the median household income. In Twin Falls, the home price to income ratio is 3.2, which is 5.9% lower than the Idaho average. Year over year appreciation rates for homes in the Twin Falls area were 14.6% and the 5 year appreciation rates came in at 7.9%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.