Juliaetta, Idaho Property Taxes
The median property tax rate in Juliaetta, ID is 0.44%, significantly lower than both the national median of 0.99% and the Idaho state median of 0.50%. With a median home value of $281,003 in Juliaetta, the typical annual property tax bill amounts to $1,243, which is well below the national median of $2,690. Property taxes in Juliaetta are calculated based on the tax assessed value, generally lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Juliaetta's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Juliaetta or another part of Nez Perce County, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Juliaetta, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.44%
Estimate Property Tax Bill
$1,236
Ownwell’s Juliaetta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Juliaetta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Juliaetta 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 Juliaetta, Idaho
Property taxes in Juliaetta, Idaho, are crucial for funding key local services such as public schools, road maintenance, and emergency services. The median tax rate in Juliaetta is 0.44%, which is below both the Idaho state median and the U.S. national median of 0.99%. Local government entities within Juliaetta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Juliaetta 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 Juliaetta's effective property tax rate to other counties in Idaho and the national median. For comparison, the 83535 zip code has both the highest and lowest median property tax rate of 0.44%. Understanding how these cities compare with Juliaetta provides valuable insights into the varying tax landscape across Nez Perce County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Juliaetta Tax Rate
0.44%
Average Nez Perce County Tax Rate
0.81%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Rates Across Juliaetta, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83535 | 0.33% | 0.34% | 0.44% | 0.61% | 0.96% |
Source: Ownwell
Property Tax Assessment Values Across Juliaetta, Idaho
In Juliaetta, 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 Nez Perce 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 Juliaetta, 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 Juliaetta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Juliaetta is $281,003, with tax bills ranging from $612 at the 25th percentile to $2,623 at the 90th percentile. The zip code 83535 has a median tax bill of $1,243.
Average Juliaetta Assessed Value
$281,003
Average Nez Perce County Assessed Value
$302,737
Average Idaho Assessed Value
$374,698
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Juliaetta, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83535 | $16,317 | $86,802 | $281,003 | $477,122 | $595,894 |
Source: Ownwell
Property Tax Bills Across Juliaetta, Idaho
Property tax bills in Juliaetta, located in Nez Perce County, Idaho, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor, who evaluates the market value of the property. In Juliaetta, the median home price is $281,003, which serves as a baseline for calculating property taxes. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual property tax bill. For example, homeowners in the 25th percentile can expect a tax bill of around $612, while those in the 75th percentile might see a bill closer to $1,913. At the 90th percentile, property tax bills can reach up to $2,623. These property taxes fund essential local services such as schools, public safety, and infrastructure. Homeowners in Juliaetta, where the highest and lowest median tax bills are both $1,243, can compare their tax obligations to the national median property tax rate of 0.99%, highlighting how their local rates impact their annual expenses.
Average Juliaetta Tax Bill
$1,243
Average Nez Perce County Tax Bill
$2,415
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690
Property Tax Bills Across Juliaetta, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83535 | $234 | $612 | $1,243 | $1,913 | $2,623 |
Source: Ownwell