Bonner County, Idaho property tax
The median homeowner in Bonner County, Idaho pays $1,716 a year in property tax on a home worth $433,400, an effective rate of 0.40%. The national effective rate is 0.98%.
What the rate means here
At 0.40%, Bonner County taxes property more lightly than the national 0.98%. A low rate on an expensive house is not the bargain it looks like. The median bill is still $1,716, because 0.40% of $433,400 is not a small number.
It ranks #30 of 37 Idaho counties by effective rate, against a statewide 0.53%, and #2,651 nationally. The state runs from 0.87% in Nez Perce County down to 0.30% in Valley County.
The median home costs 6.65 times the median household income of $65,168, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 19.5% of median income in gross rent. With 49,456 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
| Bonner County | Idaho | United States | |
|---|---|---|---|
| Effective property tax | 0.40% | 0.53% | 0.98% |
| Median tax bill | $1,716 | $2,006 | $2,969 |
| Median home value | $433,400 | $376,000 | $303,400 |
| Median gross rent | $1,059 | $1,150 | $1,348 |
| Median household income | $65,168 | $74,636 | $78,538 |
| Home price to income | 6.65× | 5.04× | 3.86× |
| Rent as share of income | 19.5% | 18.49% | 20.6% |
| Owner-occupied | 77.65% | 72.37% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 49,456.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Bingham County | 0.54% | $1,389 | $258,000 |
| 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 |
Bonner County property tax: common questions
What is the property tax rate in Bonner County, Idaho?
The effective rate is 0.40% of home value, from a median tax bill of $1,716 against a median home value of $433,400. That is 0.58 points below the national 0.98%.
How much is property tax on a $400,000 home in Bonner County?
Roughly $1,600 a year at the county effective rate of 0.40%.
Is Bonner County expensive compared with the rest of Idaho?
It ranks #30 of 37 Idaho counties by effective property tax rate, and #2651 of 2,826 nationally. That is 0.13 points below the Idaho average of 0.53%.
What does housing cost in Bonner County?
The median home is worth $433,400 and median gross rent is $1,059 a month. Median household income is $65,168, which puts the home at 6.65 times annual income and rent at 19.5% of it.