Holbrook, Oneida County, Idaho Property Taxes

Name: Property Tax Bills Across Holbrook, Oneida County, Idaho
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Holbrook, Idaho effective property tax rate: 0.72%, significantly lower than the national median of 1.02%, but higher than the Idaho state median of 0.50%.
Median Holbrook, Idaho home value: $104,722
Median annual Holbrook, Idaho tax bill: $777, $1,623 lower than the national median property tax bill of $2,400.

How are property taxes in Oneida County calculated?

Property taxes in Holbrook, 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 Holbrook’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Holbrook, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Holbrook, Oneida County, Idaho Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.72%

Estimate Property Tax Bill

$754

$700

Ownwell’s Holbrook Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Holbrook with just two data points. By entering your property's estimated assessed value, our calculator applies Holbrook’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Oneida County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Holbrook, Oneida 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 Holbrook’s effective property tax rate to other cities in Idaho and the median property tax rates in Idaho and the U.S.

Property Tax Rates Across Holbrook, Oneida County, Idaho

Source: Ownwell

0.58%

0.65%

0.72%

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 Holbrook Tax Rate

0.72%

Median Effective Oneida County Tax Rate

0.65%

Median Effective Idaho Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Holbrook, Oneida County, Idaho

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
83243	0.48%	0.58%	0.72%	0.84%	1.06%

Source: Ownwell

Property Tax Assessment Values Across Holbrook, Oneida County, Idaho

When examining property taxes in Holbrook, 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 Oneida 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. Assessment notices: In Oneida 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 Holbrook. For example, the median home price in Holbrook is $104,722, with tax bills ranging significantly across the county. 83243 has the highest median home price at $104,722.

Property Tax Assessment Values Across Holbrook, Oneida County, Idaho

Source: Ownwell

$104,722

$151,364

$198,006

Median Holbrook Market Value

$104,722

Median Oneida County Market Value

$194,076

Median Idaho Market Value

$374,698

Median United States Market Value

$235,294

Property Tax Assessment Values Across Holbrook, Oneida County, Idaho

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
83243	$47,330	$75,835	$104,722	$158,553	$273,358

Source: Ownwell

Property Tax Bills Across Holbrook, Oneida County, Idaho

In Holbrook, located in Oneida County, Idaho, 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 property tax rate to determine the annual tax bill. The median home price in Holbrook is $104,722, significantly lower than the national median, which results in relatively modest tax bills. Homeowners in Holbrook can expect tax bills ranging from $598 at the 25th percentile to $1,502 at the 90th percentile. The median property tax bill in the area is $777, which is considerably below the national median of $2,400. Factors such as local government budgets and school funding needs also influence tax rates. Homeowners might feel the financial impact, especially if their property value rises. Ownwell offers assistance by providing property tax appeal services, potentially lowering tax bills by ensuring that homes are not over-assessed. This helps homeowners save money and reduces the financial burden of property taxes.

Property Tax Bills Across Holbrook, Oneida County, Idaho

Source: Ownwell

$674

$970

$1,265

Median Holbrook Tax Bill

$777

Median Oneida County Tax Bill

$1,237

Median Idaho Tax Bill

$1,894

Median United States Tax Bill

$2,400

Property Tax Bills Across Holbrook, Oneida County, Idaho

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
83243	$413	$598	$777	$966	$1,502

Source: Ownwell