Rathdrum, Kootenai County, Idaho Property Taxes
Median Rathdrum, ID effective property tax rate: 0.33%, significantly lower than the national median of 1.02%, but lower than the Idaho state median of 0.50%.
Median Rathdrum, ID home value: $497,540
Median annual Rathdrum, ID tax bill: $1,639, $761 lower than the national median property tax bill of $2,400.
How are property taxes in Kootenai County calculated?
Property taxes in Rathdrum, 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 Rathdrum’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Rathdrum, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rathdrum, Kootenai County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.33%
Estimate Property Tax Bill
$1,642
$1,524
Property Tax Rates Across Rathdrum, Kootenai 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, in a nutshell, this is the annual process.
Rathdrum in Kootenai County, Idaho, has an effective property tax rate that is significantly lower than the national median of 1.02%. With a median tax rate of 0.33%, Idaho offers one of the most favorable property tax environments in the nation. This lower rate can result in substantial savings for property owners compared to other regions in the U.S. The median property tax bill in Idaho is also considerably lower than the national median of $2,400, making it an attractive option for homeowners looking to reduce their tax burden. Comparing Rathdrum’s effective property tax rate to other cities in Idaho and the median property tax rates in Idaho and the U.S. highlights its advantageous position in terms of property tax affordability.
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 Rathdrum 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 Kootenai County Tax Rate
0.32%
Median Effective Idaho Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Rathdrum, Kootenai County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83858 | 0.23% | 0.28% | 0.33% | 0.38% | 0.55% |
Source: Ownwell
Property Tax Assessment Values Across Rathdrum, Kootenai County, Idaho
When examining property taxes in Rathdrum, 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 Kootenai County Assessor's Office 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 Kootenai 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 Rathdrum.
For example, the median home price in Rathdrum is $497,540, with tax bills ranging significantly across the county. Zip code 83858 has the highest median home price at $497,540.
Property Tax Assessment Values Across Rathdrum, Kootenai County, Idaho
Source: Ownwell
$294,502
$584,456
$874,410
Median Rathdrum Market Value
$497,540
Median Kootenai County Market Value
$537,335
Median Idaho Market Value
$374,698
Median United States Market Value
$235,294
Property Tax Assessment Values Across Rathdrum, Kootenai County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83858 | $171,992 | $381,670 | $497,540 | $709,724 | $967,394 |
Source: Ownwell
Property Tax Bills Across Rathdrum, Kootenai County, Idaho
In Rathdrum, located in Kootenai County, ID, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This value is then multiplied by the local tax rate to arrive at the annual property tax bill. For homeowners in Rathdrum, the median tax bill is $1,639, which is significantly lower than the national median of $2,400. However, tax bills can vary widely, with the 25th percentile at $1,181 and the 75th percentile at $2,391, reflecting differences in property values and specific local tax rates. These taxes fund essential public services like education, infrastructure, and emergency services, directly impacting the community.
Ownwell assists homeowners in Rathdrum by offering property tax appeal services, which could potentially lower their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell ensures homeowners are not overpaying. This service is particularly beneficial in a market where property values may fluctuate, providing peace of mind and potential savings on property taxes.
Median Rathdrum Tax Bill
$1,639
Median Kootenai County Tax Bill
$1,799
Median Idaho Tax Bill
$1,894
Median United States Tax Bill
$2,400
Property Tax Bills Across Rathdrum, Kootenai County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83858 | $393 | $1,181 | $1,639 | $2,391 | $3,073 |
Source: Ownwell