Idaho Falls, ID Property Tax Rates

Compare property tax rates across 4 ZIP codes in Idaho Falls, Idaho.

ACS 2019-2023 · Updated Dec 2024

Avg Tax Rate

0.57%

Avg Annual Tax

$1,894

Avg Home Value

$328,700

ZIP Codes

4

Property Tax Overview: Idaho Falls, ID

Idaho Falls has 4 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 0.57%, which is 15% above the Idaho average of 0.50%. Annual property taxes range from $1,618 (ZIP 83401) to $2,315 (ZIP 83404).

For a home at Idaho Falls's median value of $328,700, property taxes add approximately $157/month to housing costs. Idaho Falls home values are close to the Idaho median of $333,075.

Property tax rates within Idaho Falls vary by 0.13 percentage points across its ZIP codes. This variation typically reflects different school district boundaries, special assessment zones, and municipal service areas within the city.

ZIP Codes in Idaho Falls, ID

ZIP CodeEffective RateMedian TaxMedian Home Value
834010.53%$1,618$307,700
834060.54%$1,881$350,500
834020.58%$1,763$301,400
834040.65%$2,315$355,200

Idaho Falls vs Idaho Average

Effective Tax Rate

Idaho Falls0.57%
Idaho Avg0.50%

15% above state average

Annual Property Tax

Idaho Falls$1,894
Idaho Avg$1,608

Median Home Value

Idaho Falls$328,700
Idaho Avg$333,075

Frequently Asked Questions

What is the average property tax rate in Idaho Falls, ID?

The average effective property tax rate in Idaho Falls, Idaho is 0.57%, based on 4 ZIP codes.

How much is property tax in Idaho Falls, ID?

The average median annual property tax in Idaho Falls is $1,894 per year, with a median home value of $328,700.

Which ZIP code in Idaho Falls has the lowest property tax rate?

ZIP code 83401 has the lowest effective tax rate in Idaho Falls at 0.53%, with a median annual tax of $1,618.

How many ZIP codes are in Idaho Falls, ID?

Idaho Falls, Idaho has 4 ZIP codes with property tax data available.

Which ZIP code in Idaho Falls has the highest property tax rate?

ZIP code 83404 has the highest effective tax rate in Idaho Falls at 0.65%, with a median annual tax of $2,315.

How do Idaho Falls property taxes compare to the Idaho average?

Idaho Falls's average effective rate of 0.57% is 15% above the Idaho state average of 0.50%.

What factors affect property tax rates between ZIP codes in Idaho Falls?

Property tax rate differences within Idaho Falls are typically driven by school district boundaries (which can account for 40–60% of a tax bill), special assessment zones for fire, water, or transit services, and whether a ZIP falls within city limits or an unincorporated area. Each taxing jurisdiction sets its own rate, which is why adjacent ZIP codes can have noticeably different effective rates.

Tips for Idaho Falls Homeowners

  • Appeal your assessment: If your home is assessed higher than its market value, you can file a property tax appeal. Studies suggest 30–60% of properties are over-assessed. Most counties offer a free informal review process.
  • Check your exemptions: Homestead exemptions can reduce your taxable value and are available to primary residents in most states. Senior, veteran, and disability exemptions may also apply. Exemptions must typically be applied for — they are not automatic.
  • Know your assessment cycle: Idaho reassesses properties periodically. After buying a home, your next tax bill may reflect a new assessment based on your purchase price. Budget accordingly, especially if you bought above prior assessed values.
  • Compare ZIP codes before buying: Even within Idaho Falls, effective tax rates can vary significantly across ZIP codes due to different school district overlays. Use PropertyTaxByZip to compare specific ZIPs before choosing a neighborhood.

Looking for county-level property tax data? View Bonneville County on TaxByCounty.com

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.

Estimates are informational only and should not be used as financial or legal advice.

Learn about our data sources and methodology →