Saint Maries, Benewah County, Idaho Property Taxes
- Median SAINT MARIES, ID effective property tax rate: 0.45%, significantly lower than the national median of 1.02%, but lower than the Idaho state median of 0.50%.
- Median SAINT MARIES, ID home value: $193,814
- Median annual SAINT MARIES, ID tax bill: $860, $1,540 lower than the national median property tax bill of $2,400.
How are property taxes in Benewah County calculated?
Property taxes in SAINT MARIES, 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 SAINT MARIES’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in SAINT MARIES, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Saint Maries, Benewah County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.45%
Estimate Property Tax Bill
$872
$809
Property Tax Rates Across Saint Maries, Benewah County, Idaho
Local government entities in Idaho set tax rates, which can vary widely across the state. Each county estimates its required budget to provide services like education, emergency response, and infrastructure maintenance, and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell.
In Saint Maries, located in Benewah County, the effective property tax rate is a reflection of this process. Compared to other cities in Idaho, Saint Maries stands out with its median property tax rate. When you compare this rate to the national median property tax rate of 1.02%, Saint Maries offers a more favorable rate for property owners. This lower rate can be particularly appealing to those considering relocation or investment, as it translates to a lower financial burden. Understanding these rates is essential for property owners and potential buyers, as it directly impacts the overall cost of owning property in Saint Maries and can influence long-term financial planning.
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 Saint Maries Tax Rate
0.45%
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 Benewah County Tax Rate
0.47%
Median Effective Idaho Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Saint Maries, Benewah County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83861 | 0.27% | 0.37% | 0.45% | 0.66% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Saint Maries, Benewah County, Idaho
When examining property taxes in Saint Maries, Idaho, 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 Benewah County Assessor 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 Benewah 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 Saint Maries.
For example, the median home price in Saint Maries is $193,814, with tax bills ranging significantly across the county. Zip code 83861 has the highest median home price at $193,814.
Property Tax Assessment Values Across Saint Maries, Benewah County, Idaho
Source: Ownwell
$95,890
$144,852
$193,814
Median Saint Maries Market Value
$193,814
Median Benewah County Market Value
$164,078
Median Idaho Market Value
$374,698
Median United States Market Value
$235,294
Property Tax Assessment Values Across Saint Maries, Benewah County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83861 | $11,307 | $78,798 | $193,814 | $314,966 | $475,922 |
Source: Ownwell
Property Tax Bills Across Saint Maries, Benewah County, Idaho
In Saint Maries, located in Benewah County, ID, property tax bills are determined by assessing the property's market value and applying the local tax rate. With a median home price of $193,814, homeowners in this area face a median property tax bill of $860, which is significantly lower than the national median of $2,400. The tax bill can vary, with the 25th percentile at $424 and the 75th percentile at $1,521, reflecting differences in property values and assessed rates. The highest tax bill in the area reaches $2,312.
These tax bills can impact homeowners financially, making it crucial to ensure they are fair and accurate. Ownwell offers assistance by providing property tax appeal services, helping homeowners potentially reduce their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can advocate for a fairer valuation, ensuring homeowners are not overpaying. This service is invaluable in a place like Saint Maries, where even a slight reduction can lead to significant savings.
Median Saint Maries Tax Bill
$860
Median Benewah County Tax Bill
$762
Median Idaho Tax Bill
$1,894
Median United States Tax Bill
$2,400
Property Tax Bills Across Saint Maries, Benewah County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83861 | $147 | $424 | $860 | $1,521 | $2,312 |
Source: Ownwell