Twin Falls, Twin Falls County, Idaho Property Taxes
Property Taxes in Twin Falls, Idaho
Median Twin Falls, Idaho effective property tax rate: 0.58%, significantly higher than the national median of 1.02%, and higher than the Idaho state median of 0.42%.
Median Twin Falls, Idaho home value: $301,608
Median annual Twin Falls, Idaho tax bill: $1,938, $462 lower than the national median property tax bill of $2,400.
How are property taxes in Twin Falls calculated?
Property taxes in Twin 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 Twin Falls's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Twin Falls, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Twin Falls, Twin Falls County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.58%
Estimate Property Tax Bill
$1,749
$1,623
How Does the Twin Falls Property Tax Calculator Work?
Use this Twin Falls property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Twin Falls' median effective tax rate of 0.58% — based on actual property records in Twin Falls County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Twin 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 Twin Falls: rates range from 1938.00 in 83301 to 1938.00 in 83301, 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 Twin Falls.
About Twin Falls Property Taxes
About Property Taxes in Twin Falls, Twin Falls, Idaho
Twin Falls’s median effective property tax rate of 0.58% is higher than the Idaho state median of 0.42% and lower than the national median of 1.02%. This rate reflects the Twin Falls 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 Twin Falls. Homeowners in the 83301 ZIP code carry a median effective rate of 0.58%, while those in the same ZIP also pay 0.58%. This spread shows how local assessment districts are drawn across Twin Falls County. Understanding which part of Twin Falls you live in can make a meaningful difference to your annual tax bill.
Twin Falls homeowners who believe their assessed value is too high can file a formal appeal with the 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 Twin Falls, Twin Falls 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 Twin 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 Twin Falls Tax Rate
0.58%
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 Twin Falls County Tax Rate
0.55%
Median Effective Idaho Tax Rate
0.42%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Twin Falls, Twin Falls County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83301 | 0.42% | 0.47% | 0.58% | 0.75% | 1.07% |
| 83302 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Twin Falls, Twin Falls County, Idaho
When examining property taxes in Twin 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 Twin Falls County assessor 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 Twin Falls County, assessment notices are sent in the spring 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. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Twin Falls.
For example, the median home price in Twin Falls is $301,608, with tax bills ranging significantly across the county. 83301 has the highest median home price at $301,633.
Property Tax Assessment Values Across Twin Falls, Twin Falls County, Idaho
Source: Ownwell
$87,844
$229,504
$371,164
Median Twin Falls Market Value
$301,608
Median Twin Falls County Market Value
$300,760
Median Idaho Market Value
$389,309
Median United States Market Value
$235,294
Property Tax Assessment Values Across Twin Falls, Twin Falls County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83301 | $155,183 | $227,579 | $301,633 | $395,095 | $541,278 |
| 83302 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Twin Falls, Twin Falls County, Idaho
Property tax bills in Twin Falls are based on the assessed value of a home and the local tax rate set by taxing authorities. When a property’s market value changes, the assessed value can change too, which affects the final bill. For a home with a median price of $301,608, the tax bill reflects how that value is taxed within Twin Falls County.
Homeowners in Twin Falls typically see a median property tax bill of $1,938, which is below the national median property tax bill of $2,400. Bills can vary widely depending on the home’s value and the specific tax rate applied, with the 25th percentile at $1,310 and the 75th percentile at $2,884. At the higher end, the 90th percentile reaches $3,959.
This means two similar homes can have different tax bills if their assessed values or tax rates differ. For homeowners, property taxes are an ongoing cost that can affect monthly budgets and overall housing affordability.
Median Twin Falls Tax Bill
$1,938
Median Twin Falls County Tax Bill
$1,851
Median Idaho Tax Bill
$1,726
Median United States Tax Bill
$2,400
Property Tax Bills Across Twin Falls, Twin Falls County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83301 | $902 | $1,310 | $1,938 | $2,884 | $3,959 |
| 83302 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 22 |
Links | |
|---|---|
| Twin Falls Tax Assessor | |
| Website | experience.arcgis.com |