StateRates

Bear Lake County, Idaho property tax

The median homeowner in Bear Lake County, Idaho pays $1,061 a year in property tax on a home worth $234,200, an effective rate of 0.45%. The national effective rate is 0.98%.

Effective rate 0.45% #26 of 37 in Idaho
Median tax bill $1,061 per year
Median home value $234,200 owner-occupied
Median income $67,304 household

What the rate means here

At 0.45%, Bear Lake County taxes property more lightly than the national 0.98%. That puts the median bill at $1,061. Rates this low usually mean the state, rather than the county, carries more of the school funding.

It ranks #26 of 37 Idaho counties by effective rate, against a statewide 0.53%, and #2,555 nationally. The state runs from 0.87% in Nez Perce County down to 0.30% in Valley County.

The median home costs 3.48 times the median household income of $67,304, close to the national 3.86. Incomes run below the national median, and house prices run below it too, which is what keeps the ratio ordinary. This is a small rural county of 6,552 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $1,125 per year at 0.45%
$400,000 home $1,800 per year at 0.45%
$600,000 home $2,700 per year at 0.45%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Bear Lake County, Idaho against Idaho and the country
Bear Lake County Idaho United States
Effective property tax 0.45% 0.53% 0.98%
Median tax bill $1,061 $2,006 $2,969
Median home value $234,200 $376,000 $303,400
Median gross rent $687 $1,150 $1,348
Median household income $67,304 $74,636 $78,538
Home price to income 3.48× 5.04× 3.86×
Rent as share of income 12.25% 18.49% 20.6%
Owner-occupied 85.01% 72.37% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 6,552.

Nearby counties of similar size

Other Idaho counties
County Rate Median bill Home value
Caribou County 0.60% $1,330 $220,200
Lincoln County 0.48% $991 $206,700
Power County 0.82% $1,577 $191,200
Boise County 0.37% $1,571 $424,100
Lemhi County 0.39% $1,109 $282,100

Bear Lake County property tax: common questions

What is the property tax rate in Bear Lake County, Idaho?

The effective rate is 0.45% of home value, from a median tax bill of $1,061 against a median home value of $234,200. That is 0.53 points below the national 0.98%.

How much is property tax on a $400,000 home in Bear Lake County?

Roughly $1,800 a year at the county effective rate of 0.45%.

Is Bear Lake County expensive compared with the rest of Idaho?

It ranks #26 of 37 Idaho counties by effective property tax rate, and #2555 of 2,826 nationally. That is 0.08 points below the Idaho average of 0.53%.

What does housing cost in Bear Lake County?

The median home is worth $234,200 and median gross rent is $687 a month. Median household income is $67,304, which puts the home at 3.48 times annual income and rent at 12.25% of it.