Property Taxes in Mountain Home, Idaho
Median Mountain Home, Idaho effective property tax rate: 0.52%, significantly lower than the national median of 1.02%, and lower than the Idaho state median of 0.42%.
Median Mountain Home, Idaho home value: $315,302
Median annual Mountain Home, Idaho tax bill: $1,507, lower than the national median property tax bill of $2,400.
How are property taxes in Elmore calculated?
Property taxes in Mountain Home, Idaho 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 Mountain Home's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mountain Home, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Mountain Home Property Tax Calculator Work?
Use this Mountain Home property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Mountain Home's median effective tax rate of 0.52% — based on actual property records in Elmore County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Mountain Home's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Mountain Home: rates range from 0.52% in 83647 to 0.52% in 83647, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Mountain Home.
About Mountain Home Property Taxes
About Property Taxes in Mountain Home, Elmore, Idaho
Mountain Home’s median effective property tax rate of 0.52% is higher than the Idaho state median of 0.42% and lower than the national median of 1.02%. This rate reflects the Elmore County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Mountain Home. Homeowners in the 83647 ZIP code carry a median effective rate of 0.52%, while those in the lowest ZIP also pay 0.52%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Elmore County. Understanding which part of Mountain Home you live in can make a meaningful difference to your annual tax bill.
Mountain Home homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before June 22, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Mountain Home, Elmore County, Idaho
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Mountain Home's effective property tax rate to other cities in Idaho and the median property tax rates in Idaho and the U.S.
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 Mountain Home Tax Rate
0.52%
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 Elmore County Tax Rate
0.52%
Median Effective Idaho Tax Rate
0.42%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Mountain Home, Elmore County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83647 | 0.26% | 0.37% | 0.52% | 0.62% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Mountain Home, Elmore County, Idaho
When examining property taxes in Mountain Home, 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 Elmore 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.
Assessment notices:
In Elmore County, assessment notices are sent in June each year. They'll typically reach your mailbox by the middle of June.
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 Mountain Home.
For example, the median home price in Mountain Home is $315,302, with tax bills ranging significantly across the county. 83647 has the highest median home price at $315,302.
Property Tax Assessment Values Across Mountain Home, Elmore County, Idaho
Source: Ownwell
$141,423
$228,363
$315,302
Median Mountain Home Market Value
$315,302
Median Elmore County Market Value
$303,188
Median Idaho Market Value
$389,309
Median United States Market Value
$274,101
Property Tax Assessment Values Across Mountain Home, Elmore County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83647 | $6,184 | $189,010 | $315,302 | $391,718 | $495,610 |
Source: Ownwell
Property Tax Bills Across Mountain Home, Elmore County, Idaho
Property tax bills in Mountain Home are based on the assessed value of a home and the local tax rate set for Elmore County and other local taxing authorities. For homeowners, the bill is calculated by applying the tax rate to the property’s assessed value, so a higher assessed value generally means a higher tax bill. The median home price in Mountain Home is $315,302, and the median property tax bill is $1,507, which is below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Several factors can affect the final bill, including the home’s market value, local budgets, and any exemptions a homeowner may qualify for. Bills can vary widely across the city, with the 25th percentile at $714 and the 90th percentile at $2,864. This means some homeowners pay much less or much more depending on how their property is assessed and where they live within the city.
Median Mountain Home Tax Bill
$1,507
Median Elmore County Tax Bill
$1,424
Median Idaho Tax Bill
$1,726
Median United States Tax Bill
$3,209
Property Tax Bills Across Mountain Home, Elmore County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83647 | $131 | $714 | $1,507 | $2,138 | $2,864 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 22 |
Links | |
|---|---|
| Elmore Tax Assessor | |
| Website | experience.arcgis.com |