Elk City, Idaho County, Idaho Property Taxes
Median Elk City, Idaho effective property tax rate: 0.36%, significantly lower than the national median of 1.02%, but lower than the Idaho state median of 0.50%. Median Elk City, Idaho home value: $165,299. Median annual Elk City, Idaho tax bill: $593, $1,807 lower than the national median property tax bill of $2,400.
How are property taxes in Idaho calculated?
Property taxes in Elk City, 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 Elk City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Elk City, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Elk City, Idaho County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.36%
Estimate Property Tax Bill
$595
$552
Property Tax Rates Across Elk City, Idaho County, Idaho
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget annually to provide essential 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, this is the annual process.
Elk City in Idaho County, Idaho, has a property tax rate significantly lower than the national median of 1.02%. This lower rate can be attributed to various factors, including the county's budgetary requirements and the total assessed value of properties. Compared to other cities in Idaho, Elk City's rate is competitive, offering residents a more affordable property tax bill than many other areas. The median property tax rate in Idaho is also notably lower than the national average, making it an attractive option for property owners seeking lower tax burdens. By understanding these rates, property owners in Elk City can make informed decisions and potentially benefit from appealing or seeking exemptions to further reduce their tax liabilities.
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 Elk City Tax Rate
0.36%
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 County Tax Rate
0.27%
Median Effective Idaho Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Elk City, Idaho County, Idaho
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
83525 | 0.22% | 0.27% | 0.36% | 0.44% | 0.54% |
Source: Ownwell
Property Tax Assessment Values Across Elk City, Idaho County, Idaho
When examining property taxes in Elk City, 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 Idaho 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 Idaho 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 Elk City. For example, the median home price in Elk City is $165,299, with tax bills ranging significantly across the county. Zip code 83525 has the highest median home price at $165,299.
Property Tax Assessment Values Across Elk City, Idaho County, Idaho
Source: Ownwell

$69,489
$203,562
$337,634
Median Elk City Market Value
$165,299
Median Idaho County Market Value
$208,696
Median Idaho Market Value
$374,698
Median United States Market Value
$235,294
Property Tax Assessment Values Across Elk City, Idaho County, Idaho
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
83525 | $45,194 | $89,230 | $165,299 | $236,749 | $338,432 |
Source: Ownwell
Property Tax Bills Across Elk City, Idaho County, Idaho
Median Elk City Tax Bill
$593
Median Idaho County Tax Bill
$670
Median Idaho Tax Bill
$1,894
Median United States Tax Bill
$2,400
Property Tax Bills Across Elk City, Idaho County, Idaho
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
83525 | $257 | $432 | $593 | $765 | $964 |
Source: Ownwell