Property Tax & Income in Gem County, Idaho
Gem County has an effective property tax rate of 0.33%. On the median home value of $428,700, that's roughly $1,418 per year. Median household income is $64,605.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Gem County | Idaho (state context) |
|---|---|---|
| Effective property tax rate1 | 0.33% | 0.45% |
| Median home value1 | $428,700 | — |
| State income tax3 | top rate 5.30% | top rate 5.30% |
| State sales tax3 | 6.03% combined | 6.03% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Gem County, ID
In Gem County, Idaho, the median home value of $428,700 carries an annual property tax bill of about $1,418, based on an effective rate of 0.331%. That rate sits well under Idaho's statewide median of 0.446% and falls far below the national median of 0.794%. Among the state's 44 counties, Gem County ranks 39th for property tax rate, placing it near the bottom. For buyers eyeing Emmett or the smaller communities of Letha and Ola, the combination of home prices and taxes shapes what's affordable: with a median household income of $64,605 and per-capita income of $33,907, the yearly tax obligation equals roughly 2.2% of household earnings. Someone weighing a purchase here should compare that against what they'd owe in higher-tax parts of Idaho or elsewhere.