Rogerson, Idaho Property Taxes
The median property tax rate in Rogerson, ID is 0.58%, slightly higher than the Idaho state median of 0.50% but still below the national median of 0.99%. With a median home value of $70,269, the typical annual property tax bill in Rogerson is $644, significantly less than the national median of $2,690. Property taxes in Rogerson are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Rogerson'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 Rogerson or another part of Twin Falls County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rogerson, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.58%
Estimate Property Tax Bill
$408
Ownwell’s Rogerson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rogerson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rogerson 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 Rogerson, Idaho
Property taxes in Rogerson, Idaho, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Rogerson is 0.58%, which is lower than the U.S. national median of 0.99%. Local government entities within Rogerson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rogerson 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 Rogerson's effective property tax rate to other counties in Idaho and the national median. For comparison, the 83302 zip code has the highest median property tax rate of 0.58%, while the same zip code also has the lowest median tax rate of 0.58%. Understanding how these cities compare with Rogerson provides valuable insights into the varying tax landscape across Twin Falls County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rogerson Tax Rate
0.58%
Average Twin Falls County Tax Rate
0.51%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rogerson, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83302 | 0.26% | 0.28% | 0.58% | 0.64% | 0.64% |
Source: Ownwell
Property Tax Assessment Values Across Rogerson, Idaho
In Rogerson, 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 Twin Falls 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 Rogerson, 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 Rogerson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Rogerson are both $644.00, found in the 83302 zip code.
Average Rogerson Assessed Value
$70,269
Average Twin Falls County Assessed Value
$313,924
Average Idaho Assessed Value
$374,698
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rogerson, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83302 | $5,727 | $17,094 | $70,269 | $217,978 | $312,567 |
Source: Ownwell
Property Tax Bills Across Rogerson, Idaho
In Rogerson, Twin Falls County, ID, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as the property's location, size, and any improvements or renovations can influence its assessed value. For homeowners in Rogerson, the median home price is $70,269. Property tax bills can vary significantly, with the 25th percentile bill at $384 and the 75th percentile reaching $1,171. At the higher end, the 90th percentile tax bill can be as much as $2,883. The median tax bill within the 83302 zip code stands at $644, reflecting a consistent tax rate across the area. These property taxes fund essential local services like schools, infrastructure, and emergency services, directly impacting the community's quality of life. Homeowners should be aware of these factors to better understand their annual financial obligations and the benefits they receive in return.
Average Rogerson Tax Bill
$644
Average Twin Falls County Tax Bill
$1,816
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690
Property Tax Bills Across Rogerson, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83302 | $265 | $384 | $644 | $1,171 | $2,883 |
Source: Ownwell