Reasons to Love Idaho
When most people think about Idaho, they picture a state that is one potato farm after another. Individuals think you typically buy any farmland for sale in Idaho. While Idaho farmers do produce approximately 30% of all the potatoes grown in the United States, those who call Idaho home quickly point out that the state has a great deal to offer its residents. There are Idaho ranches and property for sale that exhibit these phenomenal qualities that do not revolve around potato production.
If you've decided it's time to relocate to another state, there are four compelling reasons to make Idaho your new home state.
Sun Valley, ID 83313
Coeur d'Alene, ID 83814
Driggs, ID 83422
Mountain Home, ID 83647
Sun Valley, ID 83353
Leadore, ID 83464
Cost of Living
The cost of living in Idaho is low. It's estimated that the cost of living in Boise, Idaho is 41% less expensive than living in New York City. One of the main reasons Idaho's cost of living is so much lower than other areas is the housing cost. The average rental cost of a one-bedroom apartment in Boise is $831. The same apartment in New York City or San Francisco is $3,600. The median price of houses in Idaho is $299,900. The same home would cost approximately $414,000 in Portland, Oregon. Our collection of Idaho ranches and property for sale are incredibly affordable!
Idaho is full of opportunities for outdoor recreation. A 2017 nationwide study showed that the state has the highest number of residents partaking in outdoor recreation. Popular outdoor activities include:
Idaho has a reputation for providing students with lots of great educational opportunities, particularly for college students. Each of Idaho's large cities has at least one college or university, and the state works hard to encourage all high school students to attend college. The state initiated a direct college enrollment program for high school seniors which has increased the number of students who go directly to college after completing high school. This means if you look to live on Idaho ranches and property for sale, there is a college plan in place for your future children, following their high school graduation. The current high school dropout rate is only 2.9%.
Anyone who is serious about getting a good job will like their prospects in Idaho. According to a 2017 U.S. News report, the state put up respectable employment stats. At the time, the report placed Idaho in 8th place for overall job growth and in 10th place for the lowest unemployment rates.
A Little Information about Idaho Ranches and Property for Sale
A surprising amount of the land for sale in Idaho is farmland. It's estimated that there are approximately 400,000 acres of Idaho farmland for sale at any given point. Buy Farmland for sale in Idaho and get some of these amazing acres! The estimated median price of Idaho farmland is $556,904. While most of the farms and ranches in Idaho are used for livestock or crop production, there are many Idaho ranches that focus on wildlife production and market themselves as a vacation destination for hunters. Hunting provides Idaho's farmers and ranchers with an opportunity to use the mountainous sections of their land that isn't suitable for farming or raising livestock.
One of the interesting trends being seen in Idaho is the number of buyers who are looking to start fisheries. Idaho ranches and property for sale offer a chance to start a unique form of business. Idaho aquaculture, particularly trout fish farming, has become so popular that the state currently ranks number one in the production of rainbow trout. Approximately 70% of Idaho's more than 100 aquaculture facilities are based in Magic Valley.
Whether selling or purchasing Idaho land, the individuals involved in the transaction should discuss the possibility of minerals on the property. The promise of gold is what first attracted settlers to the state, and people remain just as obsessed with what is under Idaho's soil. Today, approximately 45% of the United States’ silver was mined in Idaho. The state also produces 15% of the nation's phosphate. Other important commodities that come from Idaho land include:
When purchasing Idaho land buyers need to find out if they're also purchasing the mineral rights, or if the previous owners have decided to retain the mineral rights. Purchasing Idaho ranches and property for sale here may mean you have landed on a vein of one or more of these precious minerals!
Want to see your Idaho property listings on Land Broker Co-op? Join our co-op by signing up today.