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Updated 2025 Tax Year

Gooding County
Property Tax Guide

Everything you need to know about property taxes in Gooding County, ID. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
Quick Facts
Tax Rate
0.820% average (varies by taxing district location within county)
Exemptions
5+ Available
Section 1

How Property Tax Works

Gooding County, Idaho operates under the state's property tax system where taxes are collected to fund essential local services including schools, fire protection, road maintenance, and county operations. The county's average property tax rate for 2025 is 0.820%, which is above the state average of 0.650%. This rate represents the combined levy from multiple taxing jurisdictions including the county, school districts, and various special districts.

Property taxes in Gooding County are calculated based on assessed value, which is determined by the county assessor annually. It's important to understand that your actual tax rate may vary depending on your specific location within the county, as different areas are served by different special taxing districts such as school districts, highway districts, and fire protection districts. The county assessor determines property values, while elected boards of each taxing district set their individual levy rates that combine to create your total tax bill.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
County General~0.200%Basic county services, administration, roads
School Districts~0.400%Local school district operations and bonds
Highway District~0.080%Road maintenance and construction
Fire Protection~0.060%Fire department services
Other Special Districts~0.080%Cemetery, weed control, other local services
Total Average0.820%Combined rate for FY 2025-2026

Note: These rates are estimates based on county averages. Your actual tax rate depends on which specific taxing districts serve your property location. Some areas may have additional bond levies or different district configurations that result in higher or lower total rates.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Gooding County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Gooding County are additional tax bills issued when there are significant changes to your property during the tax year. The most common triggers include new construction completion, property ownership changes that remove exemptions, or major improvements that increase assessed value. When supplemental taxes are levied, they represent the difference between what you originally owed and what you should owe based on the property changes.

For example, if you complete a $100,000 home addition in March and the county assessor determines this increases your assessed value by $80,000, you would receive a supplemental tax bill for the additional taxes owed from the date the improvement was substantially completed through the end of the tax year. At Gooding County's 0.820% rate, this would result in approximately $656 in additional annual taxes, prorated for the remaining months of the tax year.

Example Calculation

Example 1: $300,000 Home

  • Market Value: $300,000
  • Assessed Value: $300,000 (no assessment cap in Idaho)
  • Homeowner's Exemption: -$125,000 (application required)
  • Net Taxable Value: $175,000
  • Annual Tax: $175,000 × 0.820% = $1,435
  • Monthly Payment: $119.58

Example 2: $600,000 Home

  • Market Value: $600,000
  • Assessed Value: $600,000
  • Homeowner's Exemption: -$125,000 (application required)
  • Net Taxable Value: $475,000
  • Annual Tax: $475,000 × 0.820% = $3,895
  • Monthly Payment: $324.58

Example 3: $1,000,000 Home

  • Market Value: $1,000,000
  • Assessed Value: $1,000,000
  • Homeowner's Exemption: -$125,000 (application required)
  • Net Taxable Value: $875,000
  • Annual Tax: $875,000 × 0.820% = $7,175
  • Monthly Payment: $597.92

Note: The homeowner's exemption requires annual application and only applies to owner-occupied primary residences. Additional exemptions may be available for seniors, veterans, or disabled persons but require separate applications.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Gooding County require property tax escrow accounts for borrowers with less than 20% down payment. Your lender collects approximately 1/12 of your annual tax bill with each monthly mortgage payment and holds these funds in escrow. The lender pays your property taxes directly to Gooding County when they become due on July 26th each year.

Lenders typically conduct an annual escrow analysis to ensure adequate funds are collected. If property taxes increase due to rising assessments or new levies, your monthly escrow payment may increase. Conversely, if you successfully appeal your assessment or if tax rates decrease, you may receive an escrow refund. It's important to review your annual escrow statement and verify that your lender is using the correct tax amount, as any shortage will need to be made up through increased monthly payments or a lump sum payment.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in Gooding County for FY 2025-2026? A: Property taxes are due by July 26, 2025. Payments received after this date are subject to penalty and interest charges.

Q: What homeowner tax credits are available and do they require application? A: The primary homeowner's exemption reduces taxable value by up to $125,000 but requires annual application to the county assessor. Additional credits may be available for seniors (65+), veterans with disabilities, and persons with disabilities, but all require separate applications with specific deadlines.

Q: How does the homestead exemption work? A: Idaho's homestead exemption reduces the taxable assessed value of your primary residence by up to $125,000. This is not automatic - you must file an application with the Gooding County Assessor by April 15th following the assessment year.

Q: How often are properties reassessed? A: Idaho law requires annual assessment of all property. The Gooding County Assessor reviews property values each year, with assessment notices typically mailed in April.

Q: What happens if I pay my property taxes late? A: Late payments are subject to penalty and interest. Penalties begin accruing immediately after the July 26th due date, and properties can eventually be subject to tax deed sale for continued non-payment.

Q: Can I pay property taxes online? A: Yes, Gooding County typically offers online payment options through the county treasurer's website. Contact the treasurer's office at (208) 934-4841 for current payment methods and any associated fees.

Q: How do special district taxes affect my bill? A: Your property may be located within multiple special taxing districts (school, highway, fire, etc.), each with their own levy rate. The combination of all applicable district rates creates your total tax rate, which is why rates vary by location within the county.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed with the Gooding County Board of Equalization by the fourth Monday in June. You'll need to provide evidence supporting your claim that the assessed value is incorrect, such as recent comparable sales or property condition issues.

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