StateRates

Valley County, Idaho property tax

The median homeowner in Valley County, Idaho pays $1,778 a year in property tax on a home worth $599,500, an effective rate of 0.30%. The national effective rate is 0.98%.

Effective rate 0.30% #37 of 37 in Idaho
Median tax bill $1,778 per year
Median home value $599,500 owner-occupied
Median income $76,125 household

What the rate means here

At 0.30%, Valley County taxes property more lightly than the national 0.98%. This is the case where the rate misleads. Owners pay $1,778 a year, which is what matters, and the low percentage is a function of what housing is worth rather than of restraint by the county.

Inside Idaho it is among the lightest, ranking #37 of 37, against a statewide 0.53%. Nez Perce County, in the same state, charges 0.87%. Comparing states on property tax hides differences like that, which is why this site publishes counties.

The median home costs 7.88 times the median household income of $76,125, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 15.94% of median income in gross rent. This is a small rural county of 12,136 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 $750 per year at 0.30%
$400,000 home $1,200 per year at 0.30%
$600,000 home $1,800 per year at 0.30%

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

Housing and income

Valley County, Idaho against Idaho and the country
Valley County Idaho United States
Effective property tax 0.30% 0.53% 0.98%
Median tax bill $1,778 $2,006 $2,969
Median home value $599,500 $376,000 $303,400
Median gross rent $1,011 $1,150 $1,348
Median household income $76,125 $74,636 $78,538
Home price to income 7.88× 5.04× 3.86×
Rent as share of income 15.94% 18.49% 20.6%
Owner-occupied 85.76% 72.37% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 12,136.

Nearby counties of similar size

Other Idaho counties
County Rate Median bill Home value
Teton County 0.35% $2,065 $595,900
Owyhee County 0.48% $1,355 $281,600
Boundary County 0.42% $1,433 $344,100
Washington County 0.53% $1,316 $250,300
Shoshone County 0.57% $1,273 $222,700

Valley County property tax: common questions

What is the property tax rate in Valley County, Idaho?

The effective rate is 0.30% of home value, from a median tax bill of $1,778 against a median home value of $599,500. That is 0.68 points below the national 0.98%.

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

Roughly $1,200 a year at the county effective rate of 0.30%.

Is Valley County expensive compared with the rest of Idaho?

It ranks #37 of 37 Idaho counties by effective property tax rate, and #2781 of 2,826 nationally. That is 0.23 points below the Idaho average of 0.53%.

What does housing cost in Valley County?

The median home is worth $599,500 and median gross rent is $1,011 a month. Median household income is $76,125, which puts the home at 7.88 times annual income and rent at 15.94% of it.