Idaho Falls, Bonneville County, Idaho Property Taxes
Property Taxes in Idaho Falls, Idaho
Median Idaho Falls, Idaho effective property tax rate: 0.46%, significantly lower than the national median of 1.02%, and lower than the Idaho state median of 0.42%.
Median Idaho Falls, Idaho home value: $396,977
Median annual Idaho Falls, Idaho tax bill: $1,828, lower than the national median property tax bill of $2,400.
How are property taxes in Bonneville calculated?
Property taxes in Idaho Falls, Idaho are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Idaho Falls' property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Idaho Falls, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Idaho Falls, Bonneville County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.46%
Estimate Property Tax Bill
$1,826
$1,695
How Does the Idaho Falls Property Tax Calculator Work?
Use this Idaho Falls property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Idaho Falls' median effective tax rate of 0.46% — based on actual property records in Bonneville County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Idaho Falls' median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Idaho Falls: rates range from $1,617 in 83401 to $2,729 in 83406, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Idaho Falls.
About Idaho Falls Property Taxes
About Property Taxes in Idaho Falls, Bonneville, Idaho
Idaho Falls's median effective property tax rate of 0.46% is lower than the Idaho state median of 0.42% and lower than the national median of 1.02%. This rate reflects the Bonneville County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Idaho Falls. Homeowners in the 83404 ZIP code carry a median effective rate of 0.52%, while those in 83406 pay 0.41%. This spread — 0.11 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Bonneville County. Understanding which part of Idaho Falls you live in can make a meaningful difference to your annual tax bill.
Idaho Falls homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 22, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Idaho Falls, Bonneville County, Idaho
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Idaho Falls's effective property tax rate to other cities in Idaho and the median property tax rates in Idaho and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Idaho Falls Tax Rate
0.46%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Bonneville County Tax Rate
0.44%
Median Effective Idaho Tax Rate
0.42%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Idaho Falls, Bonneville County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83401 | 0.30% | 0.34% | 0.41% | 0.55% | 0.91% |
| 83402 | 0.28% | 0.39% | 0.48% | 0.62% | 0.92% |
| 83404 | 0.36% | 0.43% | 0.52% | 0.60% | 0.82% |
| 83406 | 0.32% | 0.36% | 0.41% | 0.44% | 0.54% |
Source: Ownwell
Property Tax Assessment Values Across Idaho Falls, Bonneville County, Idaho
When examining property taxes in Idaho Falls, Idaho, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Bonneville County tax authority estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Bonneville County, assessment notices are sent in June each year. They'll typically reach your mailbox by the middle of June.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. The median home price in Idaho Falls is $396,977, with tax bills ranging from $1,617 in 83401 to $2,729 in 83406. The median tax bill is $1,828, below the national median property tax bill of $2,400.
Property Tax Assessment Values Across Idaho Falls, Bonneville County, Idaho
Source: Ownwell
$241,650
$443,051
$644,451
Median Idaho Falls Market Value
$396,977
Median Bonneville County Market Value
$404,640
Median Idaho Market Value
$389,309
Median United States Market Value
$235,294
Property Tax Assessment Values Across Idaho Falls, Bonneville County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83401 | $98,959 | $285,039 | $388,294 | $502,219 | $626,925 |
| 83402 | $128,869 | $271,534 | $353,884 | $455,508 | $554,064 |
| 83404 | $254,894 | $328,473 | $439,414 | $565,189 | $708,460 |
| 83406 | $258,066 | $476,606 | $644,451 | $871,037 | $1,065,647 |
Source: Ownwell
Property Tax Bills Across Idaho Falls, Bonneville County, Idaho
Property tax bills in Idaho Falls are based on the assessed value of a home and the local tax rate set for Bonneville County. When a property’s market value rises, the assessed value can increase too, which may lead to a higher tax bill. Homeowners in Idaho Falls should expect their bill to reflect both the value of their property and the tax rates applied by local taxing authorities.
The median home price in Idaho Falls is $396,977, and the median property tax bill is $2,656. That is above the national median property tax bill of $2,400, showing that many homeowners here pay more than the typical U.S. homeowner. Tax bills can vary widely across the city, with the 25th percentile at $1,192 and the 90th percentile at $3,624. In ZIP code 83406, the highest median tax bill reaches $2,729, while ZIP code 83401 has the lowest median tax bill at $1,617.
Median Idaho Falls Tax Bill
$1,828
Median Bonneville County Tax Bill
$1,809
Median Idaho Tax Bill
$1,726
Median United States Tax Bill
$2,400
Property Tax Bills Across Idaho Falls, Bonneville County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83401 | $451 | $1,073 | $1,617 | $2,250 | $3,116 |
| 83402 | $577 | $1,104 | $1,691 | $2,470 | $3,185 |
| 83404 | $1,058 | $1,556 | $2,359 | $3,293 | $4,309 |
| 83406 | $1,076 | $1,849 | $2,729 | $3,641 | $4,439 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 22 |
Links | |
|---|---|
| Bonneville Tax Assessor | |
| Website | bonneville.esriemcs.com |