County property tax calculator
Property Tax Calculator for Teton County
Teton County is among the lowest property tax jurisdictions in the United States. At 0.347%, the effective rate runs roughly half the 1.07% national average — a rare position that gives homeowners a structurally lower carrying cost. The annual tax on a median home of $595,900 comes to just $2,068, or about $172 per month in escrow. Local revenue here is often supplemented through sales tax, tourism, or state programs rather than property tax. For buyers comparing jurisdictions, the difference compounds year after year: over a decade, a lower rate can save tens of thousands in total tax paid. The trade-off, if any, is worth checking against local services and school funding before making a purchase decision. Long-term owners here can often offset a modestly higher purchase price against a higher-tax market through accumulated savings alone. Teton County sits above the Idaho state median, placing it in the premium tier for the region. A median home value of $595,900 reflects demand for the area's access to jobs, schools, or lifestyle. Buyers here face a market where list prices move quickly and competition can push offers above asking. Financing still works within conventional loan limits in most cases, but buyers should model the full monthly cost — principal, interest, tax, insurance, and any HOA — before committing. The premium pricing means less room for surprises in the budget. Long-term ownership here tends to reward buyers who plan conservatively and hold through market cycles.
Property Tax Details
National average is 1.07%
Used to project future tax burden
Annual Property Tax
$0
Insights
Property Tax Landscape in Teton County
Teton County stands out within Idaho with a 0.347% effective rate — well below the state average of 0.69%. The gap saves roughly $2,044 per year on a median-priced home, a substantial amount when compounded over the life of a mortgage. Counties in this tier often fund services through alternative revenue: sales tax, state transfers, tourism, or commercial tax base. For buyers who plan to hold long-term, the cumulative savings versus higher-tax counties in Idaho can run into the tens of thousands. Escrow will still adjust with assessments, but the baseline rate offers a structurally lower carrying cost. Within Idaho, Teton County ranks as the 5th lowest of 44 counties by effective property tax rate.
Teton County sits above the Idaho state median, placing it in the premium tier for the region. A median home value of $595,900 reflects demand for the area's access to jobs, schools, or lifestyle. Buyers here face a market where list prices move quickly and competition can push offers above asking. Financing still works within conventional loan limits in most cases, but buyers should model the full monthly cost — principal, interest, tax, insurance, and any HOA — before committing. The premium pricing means less room for surprises in the budget. Long-term ownership here tends to reward buyers who plan conservatively and hold through market cycles. Median household income in Teton County tracks the Idaho average at $90,740, giving buyers access to the full range of standard loan programs including conventional, FHA, and USDA where applicable. The price-to-income ratio of 6.6x signals a market where buyers stretch to enter — households at the median allocate a larger share of take-home pay toward housing than in most US markets. Median gross rent runs $1,196 per month, giving renters a baseline to compare against ownership costs in the same market.
Property Tax Scenarios — Teton County
For a market where median homes run above the state average, tax scales linearly with home value. The five scenarios below map the range from entry-level pricing to premium listings, showing annual tax, monthly escrow, and ten-year totals at the county's effective rate.
| Home Value | Annual Tax | Monthly Escrow | 10-Year Total |
|---|---|---|---|
| $300,000 | $1,041 | $87 | $10,410 |
| $445,000 | $1,544 | $129 | $15,442 |
| $595,000 | $2,065 | $172 | $20,646 |
| $895,000 | $3,106 | $259 | $31,057 |
| $1,190,000 | $4,129 | $344 | $41,293 |
Frequently asked questions
In a county with one of the lowest tax rates in the country, questions tend to focus on how the lower rate affects long-term ownership cost and what to expect in escrow. Answers below use Teton County-specific figures.
What is the property tax rate in Teton County?
Teton County has an effective property tax rate of 0.347%, among the lowest in the country (national average: 1.07%). On a median home of $595,900, that's about $2,068 per year, or $172 monthly through escrow.
How much are property taxes on a home in Teton County?
At the county median of $595,900, annual property taxes run roughly $2,068, collected through mortgage escrow at about $172 per month.
How does Teton County compare to Idaho?
Teton County's 0.347% rate is substantially below Idaho's statewide average of 0.69%. The difference equals about $2,044 per year on a median home.
What is the median income in Teton County?
Median household income in Teton County is $90,740 (Census ACS 2023). Median gross rent runs $1,196 per month.
Are property taxes deductible in Teton County?
Yes, property taxes are deductible on federal returns when you itemize, subject to the SALT cap ($10,000 for most filers). Teton County homeowners paying $2,068 annually may benefit if their combined state and local tax burden exceeds the standard deduction.
How are property taxes calculated in Teton County?
The county assessor multiplies your home's assessed value by the local tax rate. On a $595,900 home at the county's effective rate of 0.347%, the annual bill is approximately $2,068.
Compare Idaho counties
Disclaimer: This calculator and the content on this page are for educational purposes only. They do not constitute financial, legal, or tax advice. Rates, loan limits, and eligibility criteria vary by lender, location, and borrower profile. Always consult a licensed financial professional before making borrowing decisions. CalcPier is independent and not affiliated with any lender listed on this page.