Gem County, Idaho property tax
The median homeowner in Gem County, Idaho pays $1,443 a year in property tax on a home worth $367,300, an effective rate of 0.39%. The national effective rate is 0.98%.
What the rate means here
At 0.39%, Gem County taxes property more lightly than the national 0.98%. Rate and bill part company here. The percentage is below national, the house is worth $367,300, and the bill lands at $1,443 anyway.
It ranks #32 of 37 Idaho counties by effective rate, against a statewide 0.53%, and #2,667 nationally. The state runs from 0.87% in Nez Perce County down to 0.30% in Valley County.
The median home costs 5.54 times the median household income of $66,245, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 16.07% of median income in gross rent. This is a small rural county of 19,854 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
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Gem County | Idaho | United States | |
|---|---|---|---|
| Effective property tax | 0.39% | 0.53% | 0.98% |
| Median tax bill | $1,443 | $2,006 | $2,969 |
| Median home value | $367,300 | $376,000 | $303,400 |
| Median gross rent | $887 | $1,150 | $1,348 |
| Median household income | $66,245 | $74,636 | $78,538 |
| Home price to income | 5.54× | 5.04× | 3.86× |
| Rent as share of income | 16.07% | 18.49% | 20.6% |
| Owner-occupied | 76.59% | 72.37% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 19,854.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Minidoka County | 0.52% | $1,218 | $235,300 |
| Idaho County | 0.34% | $974 | $284,600 |
| Gooding County | 0.53% | $1,223 | $231,800 |
| Blaine County | 0.39% | $2,563 | $663,800 |
| Jerome County | 0.64% | $1,623 | $254,000 |
Gem County property tax: common questions
What is the property tax rate in Gem County, Idaho?
The effective rate is 0.39% of home value, from a median tax bill of $1,443 against a median home value of $367,300. That is 0.59 points below the national 0.98%.
How much is property tax on a $400,000 home in Gem County?
Roughly $1,560 a year at the county effective rate of 0.39%.
Is Gem County expensive compared with the rest of Idaho?
It ranks #32 of 37 Idaho counties by effective property tax rate, and #2667 of 2,826 nationally. That is 0.14 points below the Idaho average of 0.53%.
What does housing cost in Gem County?
The median home is worth $367,300 and median gross rent is $887 a month. Median household income is $66,245, which puts the home at 5.54 times annual income and rent at 16.07% of it.