Taxes in Idaho Falls, Idaho
Complete tax guide for Idaho Falls, ID. State income tax up to 5.8%, 0.72% property tax, 6% sales tax. Calculate your total tax burden.
State Income Tax
5.8%
Idaho
Property Tax
0.72%
Effective rate
Sales Tax
6%
Combined rate
Tax Burden
Low
Idaho Falls, ID Tax Overview
Population
66,541
Median Income
$56,432
Cost of Living
94.2 (100 = avg)
State Income Tax
5.8%
Median Home Price
$295,000
Idaho Falls Tax Calculator
Pre-filled with Idaho Falls median: $56,432
Total Tax Burden in Idaho Falls
$12,323
Take-Home: $44,109 · Effective Rate: 21.84%
Federal Tax
$4,733
8.39% eff.
ID State
$3,273
5.80% eff.
FICA
$4,317
7.65% eff.
Take-Home
$44,109
78.16% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $56,432.00 | $4,702.67 |
| Federal Income Tax | -$4,733.34 | -$394.45 |
| Idaho State Tax | -$3,273.06 | -$272.75 |
| Social Security (6.2%) | -$3,498.78 | -$291.57 |
| Medicare (1.45%) | -$818.26 | -$68.19 |
| Take-Home Pay | $44,108.56 | $3,675.71 |
Property Tax in Idaho Falls
Median Home
$295,000
Annual Tax
$2,124
Monthly Tax
$177
Effective Rate
0.72%
Sales Tax in Idaho Falls
Combined Rate
6%
State Portion
~3.5%
Local Portion
~2.5%
The combined sales tax rate in Idaho Falls is 6%, which is below the national average of 7.12%. On a $100 purchase, you would pay $6.00 in sales tax.
Tax Burden Comparison
| Tax Type | Idaho Falls | Idaho Avg | National Avg |
|---|---|---|---|
| Income Tax | 5.8% | 5.8% | 4.6% |
| Property Tax | 0.72% | ~0.72% | 1.1% |
| Sales Tax | 6% | ~6% | 7.12% |
| Overall Burden | Low | — | Moderate |
Tax Saving Tips for Idaho Falls Residents
- Idaho's income tax rate of 5.8% is above average. Maximize pre-tax retirement contributions (401k up to $23,500, IRA up to $7,000) to reduce both federal and state taxable income.
- Property tax in Idaho Falls (0.72%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
Other Cities in Idaho
Calculate Your Full Idaho Tax Burden
See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Idaho Falls, ID?
Idaho Falls, Idaho has a state income tax rate up to 5.8%. The property tax rate is 0.72% and the combined sales tax rate is 6%.
How much is property tax in Idaho Falls?
The effective property tax rate in Idaho Falls is 0.72%. On the median home price of $295,000, this equals approximately $2,124 per year or $177 per month. This is below the national average of 1.1%.
What is the sales tax rate in Idaho Falls?
The combined sales tax rate in Idaho Falls is 6%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.
How does Idaho Falls's tax burden compare to other cities?
Idaho Falls has a low overall tax burden. The effective total tax rate for a median-income household is approximately 26.4%. The combination of 5.8% state income tax, 0.72% property tax, and 6% sales tax determines the total burden. Cost of living index is 94.2 (100 = national average).
Are there any local taxes in Idaho Falls?
Idaho Falls does not impose a separate local or city income tax. Residents pay the state income tax of 5.8%, federal income tax, and FICA (Social Security and Medicare).