Idaho City, Boise County, Idaho Property Taxes
Median Idaho City, ID effective property tax rate: 0.31%, significantly lower than the national median of 1.02%, but lower than the Idaho state median of 0.50%.
Median Idaho City, ID home value: $292,310
Median annual Idaho City, ID tax bill: $984, $1,416 lower than the national median property tax bill of $2,400.
How are property taxes in Boise County calculated?
Property taxes in Idaho City, 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 Idaho City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Idaho City, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Idaho City, Boise County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.31%
Estimate Property Tax Bill
$906
$841
Property Tax Rates Across Idaho City, Boise County, Idaho
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 Idaho City Tax Rate
0.31%
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 Boise County Tax Rate
0.30%
Median Effective Idaho Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Idaho City, Boise County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83631 | 0.20% | 0.23% | 0.31% | 0.37% | 0.44% |
Source: Ownwell
Property Tax Assessment Values Across Idaho City, Boise County, Idaho
When examining property taxes in Idaho City, 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 Boise 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 Boise 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 Idaho City.
For example, the median home price in Idaho City is $292,310, with tax bills ranging significantly across the county. Zip code 83631 has the highest median home price at $292,310.
Property Tax Assessment Values Across Idaho City, Boise County, Idaho
Source: Ownwell
$140,484
$306,183
$471,882
Median Idaho City Market Value
$292,310
Median Boise County Market Value
$366,025
Median Idaho Market Value
$374,698
Median United States Market Value
$235,294
Property Tax Assessment Values Across Idaho City, Boise County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83631 | $20,232 | $119,701 | $292,310 | $475,084 | $658,762 |
Source: Ownwell
Property Tax Bills Across Idaho City, Boise County, Idaho
In Idaho City, located in Boise County, property tax bills are determined by the assessed value of a home, which is set at a percentage of the property's market value. The median home price in the area is $292,310. Property tax rates in Idaho City are relatively low compared to the national median property tax rate of 1.02%. Homeowners in Idaho City can expect to pay a median property tax bill of $984, significantly below the national median of $2,400. Factors influencing the tax bill include local government budgets and the assessed value of the property. This lower tax bill can provide financial relief to homeowners, making it an attractive place to live.
Ownwell offers tailored property tax appeal services that can help homeowners in Idaho City potentially reduce their tax bills even further. By analyzing property assessments and market data, Ownwell can identify discrepancies and file appeals on behalf of homeowners, ensuring they are not overpaying on their property taxes. This service can lead to substantial savings, making homeownership more affordable.
Median Idaho City Tax Bill
$984
Median Boise County Tax Bill
$1,257
Median Idaho Tax Bill
$1,894
Median United States Tax Bill
$2,400
Property Tax Bills Across Idaho City, Boise County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83631 | $389 | $618 | $984 | $1,434 | $2,093 |
Source: Ownwell
