Taxes in Meridian, Idaho
Complete tax guide for Meridian, ID. State income tax up to 5.8%, 0.63% property tax, 6% sales tax. Calculate your total tax burden.
State Income Tax
5.8%
Idaho
Property Tax
0.63%
Effective rate
Sales Tax
6%
Combined rate
Tax Burden
High
Meridian, ID Tax Overview
Fastest-growing city in Idaho
Population
117,635
Median Income
$81,537
Cost of Living
110.5 (100 = avg)
State Income Tax
5.8%
Median Home Price
$440,000
Meridian Tax Calculator
Pre-filled with Meridian median: $81,537
Total Tax Burden in Meridian
$20,519
Take-Home: $61,018 · Effective Rate: 25.17%
Federal Tax
$9,552
11.72% eff.
ID State
$4,729
5.80% eff.
FICA
$6,238
7.65% eff.
Take-Home
$61,018
74.83% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $81,537.00 | $6,794.75 |
| Federal Income Tax | -$9,552.14 | -$796.01 |
| Idaho State Tax | -$4,729.15 | -$394.10 |
| Social Security (6.2%) | -$5,055.29 | -$421.27 |
| Medicare (1.45%) | -$1,182.29 | -$98.52 |
| Take-Home Pay | $61,018.13 | $5,084.84 |
Property Tax in Meridian
Median Home
$440,000
Annual Tax
$2,772
Monthly Tax
$231
Effective Rate
0.63%
Sales Tax in Meridian
Combined Rate
6%
State Portion
~3.5%
Local Portion
~2.5%
The combined sales tax rate in Meridian 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 | Meridian | Idaho Avg | National Avg |
|---|---|---|---|
| Income Tax | 5.8% | 5.8% | 4.6% |
| Property Tax | 0.63% | ~0.63% | 1.1% |
| Sales Tax | 6% | ~6% | 7.12% |
| Overall Burden | High | — | Moderate |
Tax Saving Tips for Meridian 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 Meridian (0.63%) 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 Meridian, ID?
Meridian, Idaho has a state income tax rate up to 5.8%. The property tax rate is 0.63% and the combined sales tax rate is 6%. Fastest-growing city in Idaho
How much is property tax in Meridian?
The effective property tax rate in Meridian is 0.63%. On the median home price of $440,000, this equals approximately $2,772 per year or $231 per month. This is below the national average of 1.1%.
What is the sales tax rate in Meridian?
The combined sales tax rate in Meridian is 6%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.
How does Meridian's tax burden compare to other cities?
Meridian has a high overall tax burden. The effective total tax rate for a median-income household is approximately 30.1%. The combination of 5.8% state income tax, 0.63% property tax, and 6% sales tax determines the total burden. Cost of living index is 110.5 (100 = national average).
Are there any local taxes in Meridian?
Meridian 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). Fastest-growing city in Idaho