Dalton Gardens, Idaho Property Taxes
The median property tax rate in Dalton Gardens, ID is 0.30%, significantly lower than both the national median of 0.99% and the Idaho state median of 0.50%. With the median home value in Dalton Gardens at $874,410, the typical annual property tax bill reaches $2,733, which is below the national median of $2,690. Property taxes in Dalton Gardens are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Dalton Gardens' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Dalton Gardens or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dalton Gardens, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.3%
Estimate Property Tax Bill
$2,623
Ownwell’s Dalton Gardens Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dalton Gardens with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dalton Gardens to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Dalton Gardens, Idaho
Property taxes in Dalton Gardens, Idaho, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dalton Gardens is 0.30%, significantly lower than both the Idaho state median of 0.69% and the U.S. national median of 0.99%. Local government entities within Dalton Gardens set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dalton Gardens estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Dalton Gardens' effective property tax rate to other counties in Idaho and the national median. For comparison, the highest median property tax rate in Idaho is 0.89%, while the lowest median tax rate is 0.45%. Understanding how these cities compare with Dalton Gardens provides valuable insights into the varying tax landscape across Kootenai County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dalton Gardens Tax Rate
0.30%
Average Kootenai County Tax Rate
0.32%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dalton Gardens, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83815 | 0.28% | 0.29% | 0.30% | 0.31% | 0.42% |
Source: Ownwell
Property Tax Assessment Values Across Dalton Gardens, Idaho
In Dalton Gardens, Idaho, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Kootenai County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Dalton Gardens, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Dalton Gardens helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $2,733 in the 83815 zip code.
Average Dalton Gardens Assessed Value
$874,410
Average Kootenai County Assessed Value
$537,335
Average Idaho Assessed Value
$374,698
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dalton Gardens, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83815 | $669,493 | $761,700 | $874,410 | $1,023,592 | $1,260,619 |
Source: Ownwell
Property Tax Bills Across Dalton Gardens, Idaho
In Dalton Gardens, property tax bills are calculated based on the assessed value of a home, which is determined by the Kootenai County Assessor's Office. The assessed value is a percentage of the market value of the property. Homeowners in Dalton Gardens can expect their tax bills to vary significantly based on the value of their property, as well as any exemptions or deductions they may qualify for. For instance, the median home price in Dalton Gardens is $874,410. Tax bills can range widely, with the 25th percentile at $2,285 and the 75th percentile reaching $3,309. At the 90th percentile, tax bills can go up to $4,070. These figures indicate that homeowners with higher-valued properties will face higher tax bills. Comparatively, the national median property tax rate is 0.99%, which serves as a benchmark for understanding how Dalton Gardens' rates stack up. The impact on homeowners can be substantial, influencing overall housing affordability and long-term financial planning.
Average Dalton Gardens Tax Bill
$2,733
Average Kootenai County Tax Bill
$1,799
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690
Property Tax Bills Across Dalton Gardens, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83815 | $1,901 | $2,285 | $2,733 | $3,309 | $4,070 |
Source: Ownwell