Twin Falls County, Idaho Property Taxes

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

Median Twin Falls County effective property tax rate: 0.51%, significantly lower than the national median of 1.02%.
Median Twin Falls County home value: $313,924
Median annual Twin Falls County tax bill: $1,816, $584 lower than the national median property tax bill of $2,400.

How are property taxes in Twin Falls County calculated?

Property taxes in Twin Falls 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 Twin Falls or another part of Twin Falls County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Twin Falls County, Idaho Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.51%

Estimate Property Tax Bill

$1,601

$1,486

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

Property Tax Rates Across Twin Falls County, Idaho

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county's need to estimate its required budget annually to provide essential services. The total value of all taxable property within the county's jurisdiction is then divided by this budget, resulting in the property tax rate. While votes and laws play a role in setting these tax rates and budgets, this is essentially the annual process. In Twin Falls County, Idaho, the effective property tax rate is 0.51%. This rate is significantly below the national median property tax rate of 1.02%. Within the county, Murtaugh has the highest median property tax rate at 0.61%, and Buhl has the lowest at 0.46%. Compared to the national median property tax bill of $2,400, property owners in Twin Falls County benefit from lower tax rates. This comparison highlights how local tax policies can impact property owners differently across the U.S.

Property Tax Rates Across Twin Falls County, Idaho

Source: Ownwell

0.46%

0.54%

0.61%

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

0.51%

Median Effective Idaho Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Twin Falls County, Idaho

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bliss	N/A	N/A	N/A	N/A	N/A
Buhl	0.24%	0.31%	0.46%	0.57%	0.71%
Castleford	0.31%	0.33%	0.48%	0.70%	0.83%
Filer	0.30%	0.37%	0.48%	0.61%	0.70%
Hagerman	0.27%	0.36%	0.47%	0.61%	0.61%
Hansen	0.38%	0.42%	0.47%	0.74%	1.04%
Kimberly	0.38%	0.43%	0.49%	0.61%	0.73%
Murtaugh	0.42%	0.51%	0.61%	0.89%	0.94%
Rogerson	0.26%	0.28%	0.58%	0.64%	0.64%
Twin Falls	0.40%	0.43%	0.53%	0.67%	1.05%

Source: Ownwell

Property Tax Assessment Values Across Twin Falls County, Idaho

When examining property taxes in Twin Falls 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 Twin Falls 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.

In Twin Falls 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 Twin Falls County.

For example, the median tax bill in Twin Falls County is $2,187, with tax bills ranging significantly across the county. Kimberly has the highest median home price at $386,348.

Property Tax Assessment Values Across Twin Falls County, Idaho

Source: Ownwell

$70,269

$228,309

$386,348

Median Twin Falls County Market Value

$313,924

Median Idaho Market Value

$374,698

Median United States Market Value

$235,294

Property Tax Assessment Values Across Twin Falls County, Idaho

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bliss	N/A	N/A	N/A	N/A	N/A
Buhl	$61,462	$170,750	$259,057	$386,644	$550,506
Castleford	$48,667	$71,162	$168,872	$380,369	$556,757
Filer	$98,268	$223,309	$312,921	$434,724	$611,282
Hagerman	$14,946	$34,117	$313,150	$502,465	$833,796
Hansen	$25,608	$172,544	$246,858	$366,209	$552,521
Kimberly	$175,784	$267,821	$386,348	$512,557	$709,630
Murtaugh	$92,899	$188,225	$295,563	$408,852	$596,371
Rogerson	$5,727	$17,094	$70,269	$217,978	$312,567
Twin Falls	$165,892	$242,386	$316,390	$412,049	$550,619

Source: Ownwell

Property Tax Bills Across Twin Falls County, Idaho

In Twin Falls County, ID, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is a percentage of the property's market value. Tax rates, set by local taxing authorities, are then applied to this assessed value to calculate the property tax bill. Several factors influence the final tax bill, including the location of the property, as different areas may have varying tax rates. For instance, Kimberly has the highest median tax bill in the county at $2,187, while Rogerson has the lowest at $644. The median home price in Twin Falls County is $313,924, with tax bills ranging from $1,188 at the 25th percentile to $3,672 at the 90th percentile. Compared to the national median property tax bill of $2,400, Twin Falls County's tax bills can be lower or higher depending on the specific area and home value. Understanding these factors helps homeowners anticipate their tax obligations and manage their finances effectively.

Property Tax Bills Across Twin Falls County, Idaho

Source: Ownwell

$644

$1,416

$2,187

Median Twin Falls County Tax Bill

$1,816

Median Idaho Tax Bill

$1,894

Median United States Tax Bill

$2,400

Property Tax Bills Across Twin Falls County, Idaho

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bliss	N/A	N/A	N/A	N/A	N/A
Buhl	$533	$825	$1,287	$2,025	$2,859
Castleford	$286	$487	$1,167	$2,386	$3,231
Filer	$726	$1,089	$1,651	$2,364	$3,363
Hagerman	$654	$1,267	$1,899	$3,058	$4,820
Hansen	$763	$963	$1,530	$2,478	$3,545
Kimberly	$937	$1,431	$2,187	$3,043	$4,007
Murtaugh	$869	$1,224	$1,946	$3,105	$4,862
Rogerson	$265	$384	$644	$1,171	$2,883
Twin Falls	$872	$1,300	$1,879	$2,810	$3,742

Source: Ownwell