New Meadows, Idaho County, Idaho Property Taxes
Median New Meadows, 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 New Meadows, ID home value: $337,634
Median annual New Meadows, ID tax bill: $1,333, $1,067 lower than the national median property tax bill of $2,400.
How are property taxes in Idaho County calculated?
Property taxes in New Meadows, 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 New Meadows’ property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Meadows, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
New Meadows, Idaho County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.33%
Estimate Property Tax Bill
$1,103
$1,024
Property Tax Rates Across New Meadows, Idaho County, Idaho
Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget to provide services and dividing 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.
In New Meadows, located in Adams County, Idaho, the effective property tax rate is 0.40%. This is significantly lower than the national median property tax rate of 1.02%. The median property tax bill in New Meadows is also considerably below the national median of $2,400. This makes New Meadows an attractive option for property owners looking for lower tax burdens.
Comparing New Meadows’ effective property tax rate to other cities in Idaho and the median property tax rates in Idaho and the U.S. reveals its advantageous position. With such favorable tax rates, New Meadows offers a compelling case for potential homeowners and investors seeking affordability in property taxation.
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 New Meadows Tax Rate
0.33%
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
0.35%
Median Effective Idaho Tax Rate
0.42%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across New Meadows, Idaho County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83654 | 0.30% | 0.32% | 0.33% | 0.48% | 0.51% |
Source: Ownwell
Property Tax Assessment Values Across New Meadows, Idaho County, Idaho
When examining property taxes in New Meadows, 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 New Meadows.
For example, the median home price in New Meadows is $337,634, with tax bills ranging significantly across the county. 83654 has the highest median home price at $337,634.
Property Tax Assessment Values Across New Meadows, Idaho County, Idaho
Source: Ownwell
$69,460
$203,218
$336,976
Median New Meadows Market Value
$334,383
Median Idaho County Market Value
$214,514
Median Idaho Market Value
$389,309
Median United States Market Value
$235,294
Property Tax Assessment Values Across New Meadows, Idaho County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83654 | $175,320 | $258,862 | $334,383 | $415,315 | $569,470 |
Source: Ownwell
Property Tax Bills Across New Meadows, Idaho County, Idaho
Property tax bills in New Meadows, Idaho, are calculated based on the assessed value of a property, which is determined by the county assessor. This value is then multiplied by the local tax rate to determine the annual tax bill. In New Meadows, the median property tax bill is $1,333, which is significantly lower than the national median of $2,400. Factors such as the property's location, size, and any improvements made can influence its assessed value, impacting the final tax bill. For homeowners, this means that changes in property value or tax rates can lead to fluctuations in their annual tax obligations.
Ownwell assists homeowners in New Meadows by identifying opportunities for appealing their property assessments and securing exemptions. By leveraging expertise in local tax regulations, Ownwell can help ensure homeowners are not overpaying on their taxes. This service can lead to substantial savings, especially for those who feel their property may be over-assessed compared to similar homes in the area.
Median New Meadows Tax Bill
$1,267
Median Idaho County Tax Bill
$842
Median Idaho Tax Bill
$1,726
Median United States Tax Bill
$2,400
Property Tax Bills Across New Meadows, Idaho County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83654 | $526 | $1,005 | $1,267 | $1,551 | $1,878 |
Source: Ownwell