Banks, ID — income, home value, property tax, and sales tax.
In ZIP code 83637, near Banks, homes carry a median value of $178,100, and the county-level property tax rate of 0.34% works out to roughly $606 a year on such a home. Households here earn a median of $46,944, with per-capita income at $28,262, so that tax equals about 1.3% of a typical household's annual earnings. Combined with a 6.00% sales tax, housing costs stay within reach of local paychecks, and owning carries a lighter annual tax load than in many parts of the country.
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