![]() ![]() Taxpayers in Idaho pay taxes based on total income, which includes wages, salaries, self-employment income, rental income, royalties and various forms of interest income. The table below shows tax rates and brackets for the Idaho personal income tax. Marginal rates begin at 0.00% and reach 6.00% for earners in the top bracket. There are five income tax brackets in Idaho. ![]() If you’re ready to find an advisor who can help you achieve your financial goals, get started now. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. The national average is 0.99%.Ī financial advisor can help you understand how taxes fit into your overall financial goals. Homeowners in Idaho likewise benefit from taxpayer-friendly policies, facing an average effective property tax rate of 0.49%. The Gem State also has lower-than-average sales taxes, with a statewide rate of 6% and a limited number of municipal sales taxes. Even with these tax cuts, that remains on the higher side of all the rates in the country. Idaho has enacted several tax cuts in the past decade, lowering rates for top earners from a rate of 7.80% in 2011 down to the current rate of 6.00% for the 2022 tax year. Gas tax: 32 cents per gallon of regular gasoline and diesel.Property tax: 0.49% average property tax rate.
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