Spirit Lake, Kootenai County, Idaho Property Taxes
Median Spirit Lake, ID effective property tax rate: 0.32%, significantly lower than the national median of 1.02%, but lower than the Idaho state median of 0.50%.
Median Spirit Lake, ID home value: $460,013
Median annual Spirit Lake, ID tax bill: $1,568, $832 lower than the national median property tax bill of $2,400.
How are property taxes in Kootenai calculated?
Property taxes in Spirit Lake, 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 Spirit Lake’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Spirit Lake, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Spirit Lake, Kootenai County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.32%
Estimate Property Tax Bill
$1,472
$1,366
Property Tax Rates Across Spirit Lake, Kootenai County, Idaho
Local government entities in Idaho, such as those in Kootenai County, set property tax rates that can vary significantly within the state. This variation occurs because each county annually estimates its required budget 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 these rates and budgets, this is the annual process in a nutshell.
In Spirit Lake, located in Kootenai County, the effective property tax rate reflects this process. When comparing Spirit Lake’s property tax rate to other cities in Idaho, it’s evident that the rates can differ considerably. The median property tax rate in Idaho is notably lower than the national median of 1.02%, which can result in a more favorable tax bill for property owners in Spirit Lake compared to the national median property tax bill of $2,400. This lower tax rate can be an attractive factor for homeowners and potential buyers considering a move to Spirit Lake.
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 Spirit Lake Tax Rate
0.32%
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 Spirit Lake, Kootenai County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83869 | 0.22% | 0.28% | 0.32% | 0.40% | 0.57% |
Source: Ownwell
Property Tax Assessment Values Across Spirit Lake, Kootenai County, Idaho
When examining property taxes in Spirit Lake, 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 Spirit Lake. For example, the median home price in Spirit Lake is $460,013, with tax bills ranging significantly across the county. 83869 has the highest median home price at $460,013.
Property Tax Assessment Values Across Spirit Lake, Kootenai County, Idaho
Source: Ownwell
$294,502
$584,456
$874,410
Median Spirit Lake Market Value
$460,013
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 Spirit Lake, Kootenai County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83869 | $150,000 | $328,604 | $460,013 | $684,544 | $887,459 |
Source: Ownwell
Property Tax Bills Across Spirit Lake, Kootenai County, Idaho
Median Spirit Lake Tax Bill
$1,568
Median Kootenai County Tax Bill
$1,799
Median Idaho Tax Bill
$1,894
Median United States Tax Bill
$2,400
Property Tax Bills Across Spirit Lake, Kootenai County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83869 | $347 | $1,021 | $1,568 | $2,191 | $2,953 |
Source: Ownwell