Inkom, ID Profile: Facts & Data

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Inkom, Idaho - Basic Facts

The City of Inkom had a population of 783 as of July 1, 2023. Inkom ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Idaho. See peer rankings below.

The primary coordinate point for Inkom is located at latitude 42.7963 and longitude -112.2541 in Bannock County. The formal boundaries for the City of Inkom encompass a land area of 0.74 sq. miles and a water area of 0 sq. miles. Bannock County is in the Mountain time zone (GMT -7).

The City of Inkom has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Idaho is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Inkom is located within Inkom Division of Bannock County.


Jump to... (On This Page!)
  1. Inkom 2023 Demographic Data
  2. Growth Rates for Inkom (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Idaho Research Tools (Easy Tools & Current Data)
  3. Idaho Data Comparison Tool - 2023 Demographics
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Inkom, ID Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 783 (100%)
Population in Households 783 (100.0%)
Population in Families 698 (89.1%)
Population in Group Quarters1 0
Population Density 813
Diversity Index2 19
 
 

INCOME

Median Household Income $73,908
Average Household Income $96,697
% of Income for Mortgage4 31%
Per Capita Income $35,567
Wealth Index5 84
Socioeconomic Status Index6 Moderate (55.6)
 

HOUSING

Total HU (Housing Units) 300 (100%)
Owner Occupied HU 223 (74.3%)
Renter Occupied HU 65 (21.7%)
Vacant Housing Units 12 ( 4.0%)
Median Home Value $377,976
Average Home Value $424,439
Housing Affordability Index3 83
 

HOUSEHOLDS

Total Households 288
Average Household Size 2.72
Family Households 223
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -0.35% -0.10%
Households 0.11% 0.00%
Families   0.18%
Median Household Income   1.97%
Per Capita Income   3.65%
Owner Occupied HU   0.88%

Inkom, ID - Peer Comparisons by Rank and Percentile

The table below compares Inkom to the other 237 incorporated cities, towns and CDPs in Idaho by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 113 53rd
Population Density # 128 46th
Median Household Income # 55 77th
Housing Affordability Index # 112 47th
Per Capita Income # 80 67th
Diversity Index # 203 15th

Additional comparisons and rankings can be made with a VERY EASY TO USE Idaho Census Data Comparison Tool.

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