Jerome County, Idaho Property Taxes

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

Median Jerome County effective property tax rate: 0.79%, significantly lower than the national median of 1.02%. Median Jerome County home value: $180,486. Median annual Jerome County tax bill: $1,457, $943 lower than the national median property tax bill of $2,400. How are property taxes in Jerome County calculated? Property taxes in Jerome 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 Jerome or another part of Jerome County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Jerome County, Idaho Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.79%

Estimate Property Tax Bill

$1,426

$1,323

Ownwell’s Jerome County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Jerome County with just two data points. By entering your property's estimated assessed value, our calculator applies Jerome 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 Jerome County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Jerome County, Idaho

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate their budget requirements to fund services and divide that by the total value of all taxable properties in their area. This calculation determines the property tax rate.

While votes and legislation play a role in setting these rates and budgets, this is the basic annual process. Comparing Jerome County's effective property tax rate to other counties in Idaho or the U.S. median property tax rate can provide valuable insights. Jerome County has a median property tax rate of 0.79%, which is lower than the national median property tax rate of 1.02%. This makes it an attractive area for property owners seeking lower tax rates.

In Jerome County, the highest median property tax rate of 0.79% is found in the city of Jerome, while the lowest rate of 0.56% is in Paul. These variations within the county highlight the importance of understanding local tax rates when evaluating property investments.

Property Tax Rates Across Jerome County, Idaho

Source: Ownwell

0.56%

0.67%

0.79%

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 Jerome County Tax Rate

0.79%

Median Effective Idaho Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Jerome County, Idaho

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Eden	0.39%	0.55%	0.68%	0.99%	1.51%
Hazelton	0.47%	0.59%	0.71%	1.00%	1.58%
Jerome	0.52%	0.62%	0.79%	1.12%	1.92%
Paul	0.40%	0.53%	0.56%	0.87%	0.97%
Twin Falls	0.52%	0.54%	0.58%	0.61%	0.84%

Source: Ownwell

Property Tax Assessment Values Across Jerome County, Idaho

When examining property taxes in Jerome 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 Jerome County Assessor's Office 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 Jerome 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 Jerome County. For example, the median tax bill in Jerome County is $1,544, with tax bills ranging significantly across the county. Twin Falls has the highest median home price at $421,386.

Property Tax Assessment Values Across Jerome County, Idaho

Source: Ownwell

$120,512

$270,949

$421,386

Median Jerome County Market Value

$180,486

Median Idaho Market Value

$374,698

Median United States Market Value

$235,294

Property Tax Assessment Values Across Jerome County, Idaho

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Eden	$25,928	$75,910	$120,512	$188,609	$335,869
Hazelton	$40,629	$93,355	$147,058	$207,168	$305,152
Jerome	$26,675	$113,638	$187,855	$286,375	$392,316
Paul	$104,543	$150,538	$201,968	$251,332	$301,402
Twin Falls	$217,824	$328,253	$421,386	$502,762	$556,669

Source: Ownwell

Property Tax Bills Across Jerome County, Idaho

In Jerome County, ID, property tax bills are determined by assessing the property's market value and applying the local tax rate. Homeowners in this region experience a median property tax bill that is relatively close to the national median of $2400, with the 75th percentile reaching $2287. This reflects how property taxes can vary significantly based on location and property value. The highest median tax bill in the area is found in Twin Falls, at $2413, while Eden boasts the lowest at $894. These variations highlight the impact of local market conditions and tax rates on homeowners. Factors influencing the tax bill include the property's assessed value, which is determined by market conditions, and the applicable tax rate set by local authorities. This can significantly affect homeowners' financial planning, as higher tax bills may require budgeting adjustments. Understanding these dynamics is crucial for property owners to anticipate their financial obligations and make informed decisions regarding their real estate investments.

Property Tax Bills Across Jerome County, Idaho

Source: Ownwell

$894

$1,654

$2,413

Median Jerome County Tax Bill

$1,457

Median Idaho Tax Bill

$1,894

Median United States Tax Bill

$2,400

Property Tax Bills Across Jerome County, Idaho

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Eden	$136	$396	$894	$1,539	$2,297
Hazelton	$307	$650	$1,080	$1,656	$2,277
Jerome	$240	$864	$1,536	$2,358	$3,131
Paul	$544	$725	$1,161	$1,672	$1,934
Twin Falls	$1,096	$1,729	$2,413	$3,217	$4,635

Source: Ownwell