Eagle, Idaho Property Taxes
The median property tax rate in Eagle, Idaho is 0.45%, considerably lower than both the national median of 0.99% and the Idaho state median of 0.50%. With the median home value in Eagle at $705,350, the typical annual property tax bill reaches $3,215, surpassing the national median of $2,690. Property taxes in Eagle are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Eagle's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Eagle 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
Eagle, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.45%
Estimate Property Tax Bill
$3,174
Ownwell’s Eagle Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Eagle with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Eagle 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 Eagle, Idaho
Property taxes in Eagle, Idaho, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Eagle is 0.45%, lower than both the Idaho state median and the U.S. national median of 0.99%. Local government entities within Eagle set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eagle 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 Eagle's effective property tax rate to other areas in Idaho and the national median. For comparison, the zip code 83616 has the highest median property tax rate of 0.45%, while zip code 83714 has the lowest median tax rate of 0.42%. Understanding how these areas compare with Eagle provides valuable insights into the varying tax landscape across Ada County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Eagle Tax Rate
0.45%
Average Ada County Tax Rate
0.58%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eagle, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83616 | 0.37% | 0.42% | 0.45% | 0.49% | 0.54% |
| 83646 | 0.44% | 0.44% | 0.44% | 0.45% | 0.45% |
| 83714 | 0.40% | 0.41% | 0.42% | 0.53% | 0.53% |
Source: Ownwell
Property Tax Assessment Values Across Eagle, Idaho
In Eagle, 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 Ada County Assessor 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 Eagle, 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. The zip code with the highest median tax bill is 83616 at $3,219, while the lowest is 83714 at $2,080. Being aware of these valuation processes in Eagle helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Eagle Assessed Value
$705,350
Average Ada County Assessed Value
$433,000
Average Idaho Assessed Value
$374,698
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Eagle, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83616 | $411,400 | $503,200 | $706,150 | $982,700 | $1,387,970 |
| 83646 | $242,180 | $342,950 | $510,900 | $678,850 | $779,620 |
| 83714 | $485,770 | $488,975 | $494,000 | $494,475 | $502,990 |
Source: Ownwell
Property Tax Bills Across Eagle, Idaho
In Eagle, Ada County, ID, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to arrive at your annual tax bill. The median home price in Eagle is $705,350, and property tax rates can vary, but the national median property tax rate is 0.99%. Factors such as property improvements, market conditions, and neighborhood trends can influence the assessed value of your home. Homeowners in Eagle can expect tax bills ranging from the 25th percentile at $2,204 to the 75th percentile at $4,453, with the 90th percentile reaching up to $6,453. The highest median tax bill in the area is $3,219 in the 83616 zip code, while the lowest is $2,080 in the 83714 zip code. These tax bills can significantly impact homeowners, affecting their monthly budgets and long-term financial planning.
Average Eagle Tax Bill
$3,215
Average Ada County Tax Bill
$2,663
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690
Property Tax Bills Across Eagle, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83616 | $1,601 | $2,205 | $3,219 | $4,456 | $6,461 |
| 83646 | $1,084 | $1,518 | $2,243 | $2,967 | $3,402 |
| 83714 | $1,957 | $2,023 | $2,080 | $2,589 | $2,604 |
Source: Ownwell