Lowman, Boise County, Idaho Property Taxes
Median Lowman, ID effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, but lower than the Idaho state median of 0.50%.
Median Lowman, ID home value: $210,180
Median annual Lowman, ID tax bill: $931, $1,469 lower than the national median property tax bill of $2,400.
How are property taxes in Boise County calculated?
Property taxes in Lowman, 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 Lowman’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lowman, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lowman, Boise County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.4%
Estimate Property Tax Bill
$841
$780
Property Tax Rates Across Lowman, Boise County, Idaho
Local government entities set tax rates, which can vary widely within a state. Each year, counties estimate the budget required to provide essential services and divide this amount by the total value of taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Lowman, located in Boise County, Idaho, the effective property tax rate is a notable aspect for property owners. The area's median property tax rate is 0.40%, which stands out when compared to the national median property tax rate of 1.02%. This means homeowners in Lowman benefit from a lower tax rate than many other regions across the country. Such a favorable tax rate can be particularly appealing for property owners looking to minimize their tax burden. By understanding how these rates are determined and how they compare to both state and national averages, property owners can make informed decisions about their investments.
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 Lowman Tax Rate
0.40%
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 Lowman, Boise County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83637 | 0.25% | 0.36% | 0.40% | 0.45% | 0.58% |
Source: Ownwell
Property Tax Assessment Values Across Lowman, Boise County, Idaho
When examining property taxes in Lowman, 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 Boise 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 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 Lowman. For example, the median home price in Lowman is $210,180, with tax bills ranging significantly across the county. Zip code 83637 has the highest median home price at $210,180.
Property Tax Assessment Values Across Lowman, Boise County, Idaho
Source: Ownwell
$140,484
$306,183
$471,882
Median Lowman Market Value
$210,180
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 Lowman, Boise County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83637 | $23,568 | $76,948 | $210,180 | $328,844 | $459,788 |
Source: Ownwell
Property Tax Bills Across Lowman, Boise County, Idaho
Median Lowman Tax Bill
$931
Median Boise County Tax Bill
$1,257
Median Idaho Tax Bill
$1,894
Median United States Tax Bill
$2,400
Property Tax Bills Across Lowman, Boise County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83637 | $296 | $466 | $931 | $1,303 | $1,670 |
Source: Ownwell