Chubbuck, Bannock County, Idaho Property Taxes

Name: Property Tax Bills Across Chubbuck, Bannock County, Idaho
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Chubbuck, ID effective property tax rate: 0.61%, significantly lower than the national median of 1.02%, but higher than the Idaho state median of 0.50%.
Median Chubbuck, ID home value: $79,230
Median annual Chubbuck, ID tax bill: $261, $2,139 lower than the national median property tax bill of $2,400.

How are property taxes in Bannock County calculated?

Property taxes in Chubbuck, ID are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Chubbuck’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chubbuck, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Chubbuck, Bannock County, Idaho Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.61%

Estimate Property Tax Bill

$483

$448

Ownwell’s Chubbuck Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Chubbuck with just two data points. By entering your property's estimated assessed value, our calculator applies Chubbuck’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Bannock County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Chubbuck, Bannock County, Idaho

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Chubbuck’s effective property tax rate to other cities in Idaho and the median property tax rates in Idaho and the U.S. In Chubbuck, located in Bannock County, property owners experience a median tax rate of 0.61%, which aligns with both the highest and lowest rates found in the area. This rate is significantly lower than the national median property tax rate of 1.02%. Consequently, property owners in Chubbuck benefit from lower tax bills compared to the national median property tax bill of $2,400. This favorable tax environment can be an attractive factor for potential homeowners and investors considering the area.

Property Tax Rates Across Chubbuck, Bannock County, Idaho

Source: Ownwell

0.40%

0.57%

0.74%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Chubbuck Tax Rate

0.61%

Median Effective Bannock County Tax Rate

0.67%

Median Effective Idaho Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Chubbuck, Bannock County, Idaho

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
83202	0.25%	0.33%	0.61%	0.97%	1.27%

Source: Ownwell

Property Tax Assessment Values Across Chubbuck, Bannock County, Idaho

When examining property taxes in Chubbuck, ID, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Bannock County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Bannock County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Chubbuck.

For example, the median home price in Chubbuck is $79,230, with tax bills ranging significantly across the county. Zip code 83202 has the highest median home price at $79,230.

Property Tax Assessment Values Across Chubbuck, Bannock County, Idaho

Source: Ownwell

$79,230

$186,531

$293,832

Median Chubbuck Market Value

$79,230

Median Bannock County Market Value

$263,380

Median Idaho Market Value

$374,698

Median United States Market Value

$235,294

Property Tax Assessment Values Across Chubbuck, Bannock County, Idaho

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
83202	$11,452	$32,180	$79,230	$89,860	$97,754

Source: Ownwell

Property Tax Bills Across Chubbuck, Bannock County, Idaho

In Chubbuck, located in Bannock County, ID, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This value is then multiplied by the local tax rate to determine the annual property tax bill. The median home price in Chubbuck is $79,230, significantly lower than the national median. Consequently, the property tax bills in this area are generally lower, with the 25th percentile at $108 and the 75th percentile reaching $412. Despite these relatively low figures, homeowners can still benefit from ensuring their property is not over-assessed. This is where Ownwell can help. By providing expert property tax appeal and exemption services, Ownwell assists homeowners in potentially lowering their assessed values, which can lead to reduced tax bills. With the highest median tax bill in the area being $261, there is a clear opportunity for savings. Homeowners can rely on Ownwell's expertise to navigate the complexities of property tax assessments and secure the best financial outcome.

Property Tax Bills Across Chubbuck, Bannock County, Idaho

Source: Ownwell

$261

$1,158

$2,054

Median Chubbuck Tax Bill

$261

Median Bannock County Tax Bill

$1,810

Median Idaho Tax Bill

$1,894

Median United States Tax Bill

$2,400

Property Tax Bills Across Chubbuck, Bannock County, Idaho

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
83202	$50	$108	$261	$412	$988

Source: Ownwell