Fruitland, Idaho Property Taxes
The median property tax rate in Fruitland, Idaho is 0.35%, significantly lower than both the national median of 0.99% and the Idaho state median of 0.50%. With the median home value in Fruitland at $361,434, the typical annual property tax bill is $1,213, well below the national median of $2,690. Property taxes in Fruitland are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Fruitland'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 Fruitland 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
Fruitland, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.35%
Estimate Property Tax Bill
$1,265
Ownwell’s Fruitland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fruitland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fruitland 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 Fruitland, Idaho
Property taxes in Fruitland, Idaho, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fruitland is 0.35%, which is significantly lower than both the Idaho state median and the U.S. national median of 0.99%. Local government entities within Fruitland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fruitland 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 Fruitland's effective property tax rate to other counties in Idaho and the national median. For comparison, the highest median property tax rate in Idaho is found in Canyon County at 0.92%, while the lowest median tax rate is in Washington County at 0.31%. Understanding how these counties compare with Fruitland provides valuable insights into the varying tax landscape across Payette County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fruitland Tax Rate
0.35%
Average Payette County Tax Rate
0.33%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fruitland, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83619 | 0.19% | 0.25% | 0.35% | 0.40% | 0.70% |
Source: Ownwell
Property Tax Assessment Values Across Fruitland, Idaho
In Fruitland, 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 Payette 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. 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 Fruitland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 83619 has the highest and lowest median tax bill at $1,213.
Average Fruitland Assessed Value
$361,434
Average Payette County Assessed Value
$332,995
Average Idaho Assessed Value
$374,698
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fruitland, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83619 | $126,530 | $285,557 | $361,434 | $457,394 | $600,119 |
Source: Ownwell
Property Tax Bills Across Fruitland, Idaho
In Fruitland, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is influenced by factors such as the property's market value, location, and any improvements made. Homeowners in Fruitland, located in Payette County, experience property tax bills that can vary significantly. The 25th percentile tax bill is around $796, while the 75th percentile reaches approximately $1675. For those in the 90th percentile, the tax bill can be as high as $2251. These property taxes are essential for funding local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Fruitland's property taxes reflect both the value of the properties and the specific needs of the community. Homeowners should be aware of these factors, as they directly impact the amount they owe annually and the quality of services they receive.
Average Fruitland Tax Bill
$1,213
Average Payette County Tax Bill
$1,100
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690
Property Tax Bills Across Fruitland, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83619 | $350 | $796 | $1,213 | $1,675 | $2,251 |
Source: Ownwell