Basalt is located in southeast Idaho. Basalt is part of Bingham County. Basalt has 0.30 square miles of land area and has no water area. As of 2010-2014, the total Basalt population is 360, which has shrunk 14.08% 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%. Basalt median household income is $34,500 in 2010-2014 and has has shrunk by 6.04% since 2000. The income growth rate is much lower than the state average rate of 25.98% and is much lower than the national average rate of 27.36%. Basalt median house value is $105,500 in 2010-2014 and has shrunk by -35.08% 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 Basalt is close to the state average in quality. The Basalt area code is 208.