Ketchum is a very small city located in the state of Idaho. With a population of 3,553 people and two associated neighborhoods, Ketchum is the 52nd largest community in Idaho.
Ketchum home prices are not only among the most expensive in Idaho, but Ketchum real estate also consistently ranks among the most expensive in America.
A relatively large number of people in Ketchum telecommute to their jobs. Overall, about 14.76% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another notable thing is that Ketchum is a major vacation destination. Much of the city’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Ketchum’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
One of the benefits of Ketchum is that there is very little traffic. The average commute to work is 13.46 minutes, which is substantially less than the national average. Not only does this mean that the drive to work is less aggravating, but noise and pollution levels are lower as a result.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Ketchum. 62.52% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Ketchum in 2022 was $59,167, which is wealthy relative to Idaho and the nation. This equates to an annual income of $236,668 for a family of four. However, Ketchum contains both very wealthy and poor people as well.
The people who call Ketchum home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Ketchum residents report their race to be White, followed by Asian. Important ancestries of people in Ketchum include German, Scots-Irish, Norwegian, English, and Dutch.
The most common language spoken in Ketchum is English. Other important languages spoken here include Spanish and Italian.