Ponderay is a city in Bonner County, Idaho, United States. The population was 638 at the 2000 census. Ponderay's city motto is "Little City with the Big Future".
Ponderay is located at 48°18′11″N 116°32′18″W / 48.30306°N 116.53833°W / 48.30306; -116.53833 (48.303080, -116.538292).
According to the United States Census Bureau, the city has a total area of 2.8 square miles (7.2 km²), of which, 2.7 square miles (6.9 km²) of it is land and 0.1 square miles (0.3 km²) of it (3.94%) is water.