Acequia is located in southeast Idaho. Acequia is part of Minidoka County. Acequia has 0.42 square miles of land area and 0.01 square miles of water area. As of 2010-2014, the total Acequia population is 123, which has shrunk 14.58% since 2000. The population growth rate is much lower than the state average rate of 23.61% and is much lower than the national average rate of 11.61%. Acequia median household income is $41,250 in 2010-2014 and has grown by 55.29% since 2000. The income growth rate is much higher than the state average rate of 25.98% and is much higher than the national average rate of 27.36%. Acequia median house value is $83,800 in 2010-2014 and has grown by 39.67% since 2000. The house value growth rate is lower than the state average rate of 50.99% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Acequia is worse than the state average in quality.