Idaho Property Tax Calculator

Published on August 7th, 2025

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What is the Property Tax Rate in Idaho?

Based on HomeLight’s analysis of publicly available data, the average effective property tax rate for a primary residence in Idaho is approximately 0.56% of its estimated value. This is lower than the national average of 0.90%.

For example, with a 0.56% effective tax rate, a homeowner with a $599,000 home might pay around $3,354 in annual property taxes.

An effective property tax rate represents the actual percentage of a property’s market value that a homeowner pays in taxes, considering the assessed value and any exemptions or deductions.

Note: HomeLight’s Idaho property tax calculator provides a ballpark estimate for a primary residence using average rates. Your tax can vary based on location and the specific taxing districts (e.g., schools, fire districts, and libraries) that apply to your parcel.

Are There Property Tax Exemptions in Idaho?

Idaho homeowners may qualify for several property tax exemptions that can lower their tax bill. Eligible homeowners can qualify for a 50% property tax exemption, up to $125,000. Veterans or disabled homeowners may qualify for additional exemptions.

When Are Idaho Property Taxes Due?

Idaho property taxes are generally due on December 20, unless paid in two installments, in which case they could be paid by June 20.

What Do Property Taxes Pay For in Idaho?

Local property taxes in Idaho pay for important local services, including:

Public schools
Police, fire, and EMS services
Roads, streets, and traffic signals
Parks, libraries, and community centers
City and county government operations
Infrastructure like water, sewer, and trash services
Repayment of local bond projects (such as transit and school improvements)

What Does It Cost to Buy a Home in Idaho?

How Much House Can You Afford?

Affordability in Idaho depends on your income, debt, credit score, and mortgage rate. With a median household income of around $74,942 in the Gem State, a buyer might afford a home in the $247,705 range using standard debt-to-income guidelines. However, with the Idaho median home price exceeding $599,000, many buyers need dual incomes or additional savings to qualify.

Use HomeLight’s Home Affordability Calculator to estimate your budget based on your income, debts, and current rates.

What Down Payment Will You Need in Idaho?

According to Visual Capitalist, the average down payment on a house in Idaho is 20.2%. However, down payment amounts vary widely depending on loan type and credit score. While 20% used to be the expected standard, many buyers put down between 5% and 15%, with 3% options available for FHA and some conventional first-time buyer loans.

For a $599,000 home, here’s what your down payment could look like:

3% down = $17,970
5% down = $29,950
10% down = $59,900
15% down = $89,850
20% down = $119,800

Try HomeLight’s Down Payment Calculator to see how different down payments affect your monthly payment and loan size.

How Much Are Closing Costs in Idaho?

Buyers in Idaho can expect to pay about 2% to 5% of the purchase price in closing costs. These may include:

Loan origination and underwriting fees
Title insurance and escrow fees
Appraisal and inspection costs
Prepaid property taxes and homeowners’ insurance
Filing and recording fees

For a $599,000 home, that means estimated closing costs of $11,980 to $29,950. Use HomeLight’s Closing Costs Calculator to get a personalized estimate based on your expected Idaho home purchase price.

How To Find a Trusted Idaho Real Estate Agent

An experienced Idaho agent can help you understand local tax rates, school districts, and development trends — and guide you toward neighborhoods that fit your lifestyle and budget.

HomeLight’s free Agent Match tool uses data from over 27 million transactions and thousands of verified reviews to match you with top Idaho agents based on proven performance. Tell us a little about your buying plans and get matched today with no obligation.

Additional resources when searching for a trusted buyer’s agent in Idaho:

Buying and Selling? Consider “Buy Before You Sell”

If you’re buying a new home in Idaho but need to sell your current property first, HomeLight’s Buy Before You Sell program can simplify the entire process. This modern solution helps you unlock equity from your current home so you can make a non-contingent offer on your new home — and only move once. Watch the short video below to see how it works.

At HomeLight, our vision is a world where every real estate transaction is simple, certain, and satisfying. Therefore, we promote strict editorial integrity in each of our posts.