Mesa, Idaho Property Taxes
The median property tax rate in Mesa, Idaho is 0.26%, significantly lower than both the national median of 0.99% and the Idaho state median of 0.50%. With the median home value in Mesa at $140,882, the typical annual property tax bill is $431, well below the national median of $2,690. Property taxes in Mesa are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Mesa'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 Mesa or another part of Adams County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mesa, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.26%
Estimate Property Tax Bill
$366
Ownwell’s Mesa Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mesa with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mesa 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 Mesa, Idaho
Property taxes in Mesa, Idaho, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mesa is 0.26%, significantly lower than both the Idaho state median and the U.S. national median of 0.99%. Local government entities within Mesa set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mesa 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 Mesa'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 83201 with a rate of 1.25%, while the lowest median tax rate is in 83254 at 0.42%. Understanding how these cities compare with Mesa provides valuable insights into the varying tax landscape across Adams County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mesa Tax Rate
0.26%
Average Adams County Tax Rate
0.34%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mesa, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83643 | 0.14% | 0.21% | 0.26% | 0.35% | 0.41% |
Source: Ownwell
Property Tax Assessment Values Across Mesa, Idaho
In Mesa, 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 Adams 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 Mesa, 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 Mesa helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 83643, both valued at $431.
Average Mesa Assessed Value
$140,882
Average Adams County Assessed Value
$123,166
Average Idaho Assessed Value
$374,698
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mesa, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83643 | $20,940 | $60,623 | $140,882 | $203,776 | $290,728 |
Source: Ownwell
Property Tax Bills Across Mesa, Idaho
In Mesa, property tax bills are calculated based on the assessed value of a property, which is determined by the Adams County assessor. The assessed value is a percentage of the market value, reflecting current real estate trends. Homeowners in Mesa face a median home price of $140,882. Property tax rates are applied to this assessed value to determine the annual tax bill. For example, the tax bill for the 25th percentile is $171, while the 75th percentile sees a tax bill of $819. The highest median tax bill in the area is $431, found in the zip code 83643. These figures are significantly below the national median property tax rate of 0.99%, making Mesa an appealing option for homeowners looking to minimize their tax burden. Such variations in tax bills can affect homeowners differently, influencing their overall cost of living and long-term financial planning. Lower property taxes can make homeownership more affordable and attractive, contributing to the economic stability of the community.
Average Mesa Tax Bill
$431
Average Adams County Tax Bill
$657
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690
Property Tax Bills Across Mesa, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83643 | $89 | $171 | $431 | $819 | $1,099 |
Source: Ownwell