Hailey, Blaine County, Idaho Property Taxes

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

Median Hailey, ID effective property tax rate: 0.32%, significantly lower than the national median of 1.02%, but lower than the Idaho state median of 0.50%.
Median Hailey, ID home value: $668,654
Median annual Hailey, ID tax bill: $2,273, $127 lower than the national median property tax bill of $2,400.

How are property taxes in Blaine County calculated?

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

Last Updated March 1, 2025

Hailey, Blaine County, Idaho Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.29%

Estimate Property Tax Bill

$2,237

$2,076

Ownwell’s Hailey Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hailey with just two data points. By entering your property's estimated assessed value, our calculator applies Hailey’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 Blaine County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Hailey, Blaine County, Idaho

Local government entities determine tax rates, which can vary significantly within a state. Annually, each county calculates its necessary budget to deliver services and divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and regulations play a role in establishing tax rates and budgets, this is essentially the yearly process.

In Hailey, located in Blaine County, property owners benefit from a notably lower effective property tax rate compared to both the state and national medians. This lower rate can be particularly appealing to homeowners seeking to minimize their tax burden. When compared to other cities in Idaho and the broader U.S., Hailey's effective property tax rate stands out as exceptionally favorable. This advantageous tax environment makes Hailey an attractive location for homeowners looking to enjoy the benefits of a lower property tax rate while still receiving essential public services. If you're considering a move or investment in Idaho, Hailey's property tax rate offers a compelling reason to explore this vibrant community.

Property Tax Rates Across Hailey, Blaine County, Idaho

Source: Ownwell

0.20%

0.27%

0.35%

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 Hailey Tax Rate

0.29%

Median Effective Blaine County Tax Rate

0.31%

Median Effective Idaho Tax Rate

0.42%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hailey, Blaine County, Idaho

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
83333	0.23%	0.26%	0.29%	0.31%	0.38%

Source: Ownwell

Property Tax Assessment Values Across Hailey, Blaine County, Idaho

When examining property taxes in Hailey, 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 Blaine 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 Blaine 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 Hailey. For example, the median home price in Hailey is $668,654, with tax bills ranging significantly across the county. Zip code 83333 has the highest median home price at $668,654.

Property Tax Assessment Values Across Hailey, Blaine County, Idaho

Source: Ownwell

$50,518

$718,335

$1,386,152

Median Hailey Market Value

$771,527

Median Blaine County Market Value

$849,641

Median Idaho Market Value

$389,309

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hailey, Blaine County, Idaho

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
83333	$368,945	$534,095	$771,527	$1,240,856	$2,361,667

Source: Ownwell

Property Tax Bills Across Hailey, Blaine County, Idaho

In Hailey, located in Blaine County, Idaho, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, which is influenced by factors such as location, size, and condition. The median property tax bill in Hailey is $2,273, which is below the national median property tax bill of $2,400. Homeowners in Hailey may experience tax bills ranging from the 25th percentile at $1,548 to the 90th percentile at $6,581. These variations depend on the property's assessed value and the applicable tax rate. High property taxes can significantly impact homeowners' finances, making it essential to ensure accuracy in assessments. Ownwell assists homeowners in Hailey by offering property tax appeal services, potentially lowering their tax bills. By reviewing property assessments and identifying discrepancies, Ownwell helps clients save on their property taxes, providing financial relief and peace of mind.

Property Tax Bills Across Hailey, Blaine County, Idaho

Source: Ownwell

$158

$2,350

$4,542

Median Hailey Tax Bill

$2,337

Median Blaine County Tax Bill

$2,721

Median Idaho Tax Bill

$1,726

Median United States Tax Bill

$2,400

Property Tax Bills Across Hailey, Blaine County, Idaho

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
83333	$1,073	$1,568	$2,337	$3,669	$6,671

Source: Ownwell