Bingham County, Idaho property tax
The median homeowner in Bingham County, Idaho pays $1,389 a year in property tax on a home worth $258,000, an effective rate of 0.54%. The national effective rate is 0.98%.
What the rate means here
At 0.54%, Bingham County taxes property more lightly than the national 0.98%. The bill works out at $1,389 a year. Low-rate counties usually have another revenue source doing the work, whether that is a state funding formula, sales tax or severance revenue from extraction.
It ranks #15 of 37 Idaho counties by effective rate, against a statewide 0.53%, and #2,296 nationally. The state runs from 0.87% in Nez Perce County down to 0.30% in Valley County.
The median home costs 3.36 times the median household income of $76,842, close to the national 3.86. With 48,993 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Bingham County | Idaho | United States | |
|---|---|---|---|
| Effective property tax | 0.54% | 0.53% | 0.98% |
| Median tax bill | $1,389 | $2,006 | $2,969 |
| Median home value | $258,000 | $376,000 | $303,400 |
| Median gross rent | $845 | $1,150 | $1,348 |
| Median household income | $76,842 | $74,636 | $78,538 |
| Home price to income | 3.36× | 5.04× | 3.86× |
| Rent as share of income | 13.2% | 18.49% | 20.6% |
| Owner-occupied | 80.64% | 72.37% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 48,993.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Bonner County | 0.40% | $1,716 | $433,400 |
| Madison County | 0.50% | $1,813 | $365,000 |
| Nez Perce County | 0.87% | $2,529 | $291,300 |
| Latah County | 0.68% | $2,333 | $342,500 |
| Jefferson County | 0.53% | $1,775 | $335,000 |
Bingham County property tax: common questions
What is the property tax rate in Bingham County, Idaho?
The effective rate is 0.54% of home value, from a median tax bill of $1,389 against a median home value of $258,000. That is 0.44 points below the national 0.98%.
How much is property tax on a $400,000 home in Bingham County?
Roughly $2,160 a year at the county effective rate of 0.54%.
Is Bingham County expensive compared with the rest of Idaho?
It ranks #15 of 37 Idaho counties by effective property tax rate, and #2296 of 2,826 nationally. That is 0.01 points above the Idaho average of 0.53%.
What does housing cost in Bingham County?
The median home is worth $258,000 and median gross rent is $845 a month. Median household income is $76,842, which puts the home at 3.36 times annual income and rent at 13.2% of it.