Gooding County, Idaho Property Taxes

Name: Property Tax Bills Across Gooding County, Idaho
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Gooding County effective property tax rate: 0.43%, significantly lower than the national median of 1.02%.
Median Gooding County home value: $220,136
Median annual Gooding County tax bill: $1,104, $1,296 lower than the national median property tax bill of $2,400.

How are property taxes in Gooding County calculated?

Property taxes in Gooding County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Gooding or another part of Gooding County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Gooding County, Idaho Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.43%

Estimate Property Tax Bill

$947

$878

Ownwell’s Gooding County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Gooding County with just two data points. By entering your property's estimated assessed value, our calculator applies Gooding County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Gooding County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Gooding County, Idaho

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell. Below, you can compare Gooding County's effective property tax rate to other counties in Idaho or the U.S. median property tax rate. Gooding County has a notably low median property tax rate of 0.43%, which is significantly below the national median property tax rate of 1.02%. This lower rate can lead to substantial savings for property owners compared to many other regions across the country. Interestingly, within Gooding County, the city of Gooding holds both the highest and lowest median tax rate at 0.49%. This consistency within the city underscores a stable tax environment, potentially making it an attractive location for property investment.

Property Tax Rates Across Gooding County, Idaho

Source: Ownwell

0.24%

0.36%

0.49%

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 Gooding County Tax Rate

0.43%

Median Effective Idaho Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Gooding County, Idaho

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bliss	0.24%	0.28%	0.35%	0.48%	0.75%
Buhl	0.22%	0.23%	0.24%	0.26%	0.41%
Gooding	0.30%	0.37%	0.49%	0.64%	1.19%
Hagerman	0.25%	0.30%	0.36%	0.51%	0.82%
Jerome	0.29%	0.31%	0.35%	0.41%	0.63%
Wendell	0.26%	0.36%	0.39%	0.54%	0.88%

Source: Ownwell

Property Tax Assessment Values Across Gooding County, Idaho

When examining property taxes in Gooding County, 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 Gooding 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 Gooding County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Gooding County.

For example, the median tax bill in Gooding County is $1,225, with tax bills ranging significantly across the county. Buhl has the highest median home price at $491,968.

Property Tax Assessment Values Across Gooding County, Idaho

Source: Ownwell

$175,933

$333,951

$491,968

Median Gooding County Market Value

$220,136

Median Idaho Market Value

$374,698

Median United States Market Value

$235,294

Property Tax Assessment Values Across Gooding County, Idaho

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bliss	$5,000	$58,237	$175,933	$316,183	$486,348
Buhl	$297,735	$415,265	$491,968	$593,341	$689,241
Gooding	$81,568	$156,352	$214,298	$296,370	$389,855
Hagerman	$45,177	$163,550	$248,540	$358,478	$498,857
Jerome	$5,000	$32,563	$210,667	$337,772	$419,024
Wendell	$12,499	$114,407	$217,370	$291,091	$376,606

Source: Ownwell

Property Tax Bills Across Gooding County, Idaho

In Gooding County, ID, property tax bills are determined by the assessed value of a home, which is calculated based on the property's market value. The county then applies its specific tax rate to this assessed value to determine the tax bill. Homeowners in Gooding County typically see a range of tax bills, with the 25th percentile paying around $774 and the 75th percentile paying about $1,653. Those in the 90th percentile face tax bills of approximately $2,275. The highest median tax bill within the county is in Buhl, where homeowners pay around $1,225, while Bliss has the lowest median tax bill at $905. Compared to the national median property tax bill of $2,400, Gooding County residents generally pay less. This difference can significantly affect homeowners, making the area more attractive for those looking to save on property taxes. With a median home price of $220,136, understanding these factors can help homeowners budget effectively and make informed decisions about their property investments.

Property Tax Bills Across Gooding County, Idaho

Source: Ownwell

$905

$1,065

$1,225

Median Gooding County Tax Bill

$1,104

Median Idaho Tax Bill

$1,894

Median United States Tax Bill

$2,400

Property Tax Bills Across Gooding County, Idaho

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bliss	$361	$548	$905	$1,396	$2,037
Buhl	$700	$973	$1,225	$1,671	$2,083
Gooding	$616	$842	$1,158	$1,776	$2,335
Hagerman	$478	$686	$1,072	$1,588	$2,318
Jerome	$597	$739	$1,145	$1,565	$1,883
Wendell	$518	$752	$1,050	$1,550	$2,113

Source: Ownwell