Driggs, Teton County, Idaho Property Taxes

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

Median Driggs, ID 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 Driggs, ID home value: $706,021
Median annual Driggs, ID tax bill: $2,552, $152 higher than the national median property tax bill of $2,400.

How are property taxes in Teton calculated?

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

Last Updated March 1, 2025

Driggs, Teton County, Idaho Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.35%

Estimate Property Tax Bill

$2,531

$2,348

Ownwell’s Driggs Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Driggs with just two data points. By entering your property's estimated assessed value, our calculator applies Driggs’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 Teton County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Driggs, Teton County, Idaho

Local government entities set tax rates, which can vary widely within a state. The reason for this variation is that 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, this is the annual process in a nutshell.

Driggs in Teton County, Idaho, is an example of how property tax rates can differ significantly from national and state averages. The effective property tax rate here is notably lower than the national median of 1.02%. This can be attributed to the local government's budgeting needs and the total assessed value of properties in the area. Idaho's median property tax rate is also lower than the national average, making it an attractive option for property owners seeking lower tax liabilities. Comparing Driggs to other cities within Idaho can provide insights into how local governance and property values impact tax rates. Understanding these differences can empower property owners to make informed decisions when it comes to property investments and tax appeals.

Property Tax Rates Across Driggs, Teton County, Idaho

Source: Ownwell

0.34%

0.35%

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 Driggs Tax Rate

0.35%

Median Effective Teton County Tax Rate

0.35%

Median Effective Idaho Tax Rate

0.42%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Driggs, Teton County, Idaho

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
83422	0.27%	0.31%	0.35%	0.43%	0.44%

Source: Ownwell

Property Tax Assessment Values Across Driggs, Teton County, Idaho

When examining property taxes in Driggs, ID, 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 Teton County Assessor 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 Teton 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 Driggs.

For example, the median home price in Driggs is $706,021, with tax bills ranging significantly across the county. Zip code 83422 has the highest median home price at $706,021.

Property Tax Assessment Values Across Driggs, Teton County, Idaho

Source: Ownwell

$514,140

$631,056

$747,971

Median Driggs Market Value

$723,077

Median Teton County Market Value

$724,736

Median Idaho Market Value

$389,309

Median United States Market Value

$235,294

Property Tax Assessment Values Across Driggs, Teton County, Idaho

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
83422	$360,000	$547,120	$723,077	$950,356	$1,462,220

Source: Ownwell

Property Tax Bills Across Driggs, Teton County, Idaho

In Driggs, located in Teton County, Idaho, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the local assessor's office and reflects the market value of the property. Homeowners in Driggs experience a median property tax bill of $2,552, which is slightly above the national median of $2,400. Tax bills can vary significantly, with those at the 25th percentile paying around $1,929, while those at the 90th percentile see bills as high as $4,804. These variations are influenced by factors such as property size, location, and improvements. For homeowners, these taxes can represent a significant annual expense. Ownwell offers a valuable service by helping homeowners appeal their property tax assessments, potentially lowering their tax bills. By analyzing property data and comparable assessments, Ownwell can identify discrepancies and advocate for fair taxation, ensuring that homeowners in Driggs are not overpaying on their property taxes.

Property Tax Bills Across Driggs, Teton County, Idaho

Source: Ownwell

$1,406

$2,026

$2,645

Median Driggs Tax Bill

$2,522

Median Teton County Tax Bill

$2,481

Median Idaho Tax Bill

$1,726

Median United States Tax Bill

$2,400

Property Tax Bills Across Driggs, Teton County, Idaho

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
83422	$1,237	$1,927	$2,522	$3,380	$4,685

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	June 22

Links
Teton Tax Assessor
Website	experience.arcgis.com