Roberts, Idaho Property Taxes
The median property tax rate in Roberts, ID is 0.52%, slightly higher than the state median of 0.50% but still below the national median of 0.99%. With the median home value in Roberts at $213,998, the typical annual property tax bill amounts to $896, significantly lower than the national median of $2,690. Property taxes in Roberts are determined based on the assessed value, which is generally lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Navigating Roberts' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Roberts or in another part of the city, understanding the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Roberts, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.52%
Estimate Property Tax Bill
$1,113
Ownwell’s Roberts Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Roberts with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Roberts to project your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re curious about 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 Roberts, Idaho
Property taxes in Roberts, Idaho, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Roberts is 0.52%, which is lower than the U.S. national median of 0.99%. Local government entities within Roberts set these rates annually, and they can vary significantly across different neighborhoods. Each year, Roberts 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 Roberts' effective property tax rate to other areas in Idaho and the national median. For comparison, the zip code 83444 has both the highest and lowest median property tax rate of 0.52%. Understanding how these areas compare with Roberts provides valuable insights into the varying tax landscape across Jefferson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Roberts Tax Rate
0.52%
Average Jefferson County Tax Rate
0.39%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Rates Across Roberts, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83444 | 0.32% | 0.38% | 0.52% | 0.66% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Roberts, Idaho
In Roberts, 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 Jefferson 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 Roberts, 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 Roberts helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 83444 has the highest median tax bill at $896, and the lowest median tax bill is also found in the same zip code at $896.
Average Roberts Assessed Value
$213,998
Average Jefferson County Assessed Value
$327,168
Average Idaho Assessed Value
$374,698
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Roberts, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83444 | $7,000 | $61,522 | $213,998 | $335,504 | $464,591 |
Source: Ownwell
Property Tax Bills Across Roberts, Idaho
In Roberts, property tax bills are calculated based on the assessed value of a homeowner's property. The assessed value is determined by the local assessor and reflects a percentage of the property's market value. Various factors contribute to this assessment, including the property's location, size, and condition. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. Homeowners in Roberts experience a range of property tax bills. For instance, the 25th percentile of tax bills is around $308, while the 75th percentile reaches up to $1,588. Those in the 90th percentile can see tax bills as high as $2,375. Compared to the national median property tax rate of 0.99%, Roberts' property taxes can significantly impact homeowners, especially those with higher-valued properties. The highest median tax bill in the county is $896, found in the zip code 83444. This variability in tax bills underscores the importance of understanding how local assessments and tax rates affect overall property tax obligations for homeowners in Roberts.
Average Roberts Tax Bill
$896
Average Jefferson County Tax Bill
$1,302
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690
Property Tax Bills Across Roberts, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83444 | $51 | $308 | $896 | $1,588 | $2,375 |
Source: Ownwell