Property Taxes in Idaho
Idaho's effective property tax rate is 0.48%, ranking #6 out of 50 states (1 = lowest). The median annual property tax paid is $1,977.
Idaho property taxes are moderate, with the state's homeowner's exemption reducing the assessed value of a primary residence by up to 50% (capped at a maximum reduction amount that adjusts annually). This exemption makes Idaho's effective tax rate on owner-occupied homes significantly lower than the stated rate. Local tax levies from school districts, fire districts, and highway districts stack on top of the base county rate, creating variation even within the same county. The state also imposes a circuit breaker property tax reduction for qualifying low-income homeowners.
By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: Tax Foundation, U.S. Census
Tax Rate
0.48%
Median Annual Tax
$1,977
National Rank
#6 of 50
1 = lowest
Homestead Exemption
Yes
Annual Property Tax by Home Price
| Home Price | Annual Tax | Monthly |
|---|---|---|
| $200,000 | $960 | $80 |
| $300,000 | $1,440 | $120 |
| $400,000 | $1,920 | $160 |
| $500,000 | $2,400 | $200 |
| $750,000 | $3,600 | $300 |
* Based on the average effective rate of 0.48%. Actual rates vary by county and municipality.
Homestead Exemption in Idaho
Up to $175,000
File for the homestead exemption after purchasing your primary residence in Idaho to reduce your assessed property value, lowering your annual tax bill. Contact your county assessor's office for the application.
