Latah County, Idaho property tax
The median homeowner in Latah County, Idaho pays $2,333 a year in property tax on a home worth $342,500, an effective rate of 0.68%. The national effective rate is 0.98%.
What the rate means here
At 0.68%, Latah County taxes property more lightly than the national 0.98%. With a median home at $342,500, that produces a bill of $2,333. Somebody still funds the schools, so it is worth knowing what a low-tax county collects instead.
It ranks #4 of 37 Idaho counties by effective rate, against a statewide 0.53%, and #1,807 nationally. The state runs from 0.87% in Nez Perce County down to 0.30% in Valley County.
The median home costs 5.25 times the median household income of $65,179, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 16.66% of median income in gross rent. With 40,315 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
| Latah County | Idaho | United States | |
|---|---|---|---|
| Effective property tax | 0.68% | 0.53% | 0.98% |
| Median tax bill | $2,333 | $2,006 | $2,969 |
| Median home value | $342,500 | $376,000 | $303,400 |
| Median gross rent | $905 | $1,150 | $1,348 |
| Median household income | $65,179 | $74,636 | $78,538 |
| Home price to income | 5.25× | 5.04× | 3.86× |
| Rent as share of income | 16.66% | 18.49% | 20.6% |
| Owner-occupied | 60.64% | 72.37% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 40,315.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Nez Perce County | 0.87% | $2,529 | $291,300 |
| Jefferson County | 0.53% | $1,775 | $335,000 |
| Bingham County | 0.54% | $1,389 | $258,000 |
| Bonner County | 0.40% | $1,716 | $433,400 |
| Elmore County | 0.60% | $1,680 | $278,300 |
Latah County property tax: common questions
What is the property tax rate in Latah County, Idaho?
The effective rate is 0.68% of home value, from a median tax bill of $2,333 against a median home value of $342,500. That is 0.3 points below the national 0.98%.
How much is property tax on a $400,000 home in Latah County?
Roughly $2,720 a year at the county effective rate of 0.68%.
Is Latah County expensive compared with the rest of Idaho?
It ranks #4 of 37 Idaho counties by effective property tax rate, and #1807 of 2,826 nationally. That is 0.15 points above the Idaho average of 0.53%.
What does housing cost in Latah County?
The median home is worth $342,500 and median gross rent is $905 a month. Median household income is $65,179, which puts the home at 5.25 times annual income and rent at 16.66% of it.