Bear Lake County, Idaho Property Taxes
Median Bear Lake County effective property tax rate: 0.36%, significantly lower than the national median of 1.02%.
Median Bear Lake County home value: $278,628
Median annual Bear Lake County tax bill: $1,081, $1,319 lower than the national median property tax bill of $2,400.
How are property taxes in Bear Lake County calculated?
Property taxes in Bear Lake County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Montpelier or another part of Bear Lake County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bear Lake County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.36%
Estimate Property Tax Bill
$1,003
$931
Ownwell’s Bear Lake County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bear Lake County with just two data points.
By entering your property's estimated assessed value, our calculator applies Bear Lake County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Bear Lake County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Bear Lake County, Idaho
Local government entities are responsible for setting property tax rates, which can vary significantly within a state. Annually, each county estimates its budget requirements for services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. This process, while involving votes and laws, is essentially how tax rates are set each year.
Bear Lake County in Idaho, for instance, has an effective property tax rate of 0.36%, which is considerably lower than the national median property tax rate of 1.02%. This means that homeowners in Bear Lake County pay a smaller percentage of their property's assessed value in taxes compared to the average American homeowner.
When comparing Bear Lake County's rate to other counties in Idaho or the U.S. median, it's clear that residents benefit from a much lower tax burden. This lower rate can be particularly appealing for property owners looking to minimize their annual expenses while still enjoying the services funded by these taxes.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Bear Lake County Tax Rate
0.36%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Idaho Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bear Lake County, Idaho
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bennington | N/A | N/A | N/A | N/A | N/A |
| Bern | 0.22% | 0.23% | 0.26% | 0.40% | 0.51% |
| Bloomington | N/A | N/A | N/A | N/A | N/A |
| Dingle | 0.24% | 0.24% | 0.33% | 0.43% | 0.47% |
| Fish Haven | 0.26% | 0.33% | 0.35% | 0.37% | 0.38% |
| Geneva | 0.22% | 0.23% | 0.28% | 0.39% | 0.46% |
| Georgetown | 0.25% | 0.26% | 0.30% | 0.42% | 0.55% |
| Montpelier | 0.23% | 0.34% | 0.39% | 0.52% | 0.80% |
| Ovid | 0.22% | 0.23% | 0.26% | 0.40% | 0.47% |
| Paris | 0.26% | 0.27% | 0.34% | 0.53% | 0.63% |
| Saint Charles | 0.27% | 0.31% | 0.34% | 0.36% | 0.47% |
| Soda Springs | 0.25% | 0.26% | 0.27% | 0.39% | 0.48% |
Source: Ownwell
Property Tax Assessment Values Across Bear Lake County, Idaho
When examining property taxes in Bear Lake County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Bear Lake County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Bear Lake County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Bear Lake County. For example, the median tax bill in Bear Lake County is $1,172, with tax bills ranging significantly across the county. Fish Haven has the highest median home price at $505,055.
Property Tax Assessment Values Across Bear Lake County, Idaho
Source: Ownwell
$207,892
$356,474
$505,055
Median Bear Lake County Market Value
$278,628
Median Idaho Market Value
$374,698
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bear Lake County, Idaho
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bennington | N/A | N/A | N/A | N/A | N/A |
| Bern | $133,854 | $177,500 | $240,281 | $353,856 | $507,989 |
| Bloomington | N/A | N/A | N/A | N/A | N/A |
| Dingle | $144,795 | $175,028 | $230,194 | $349,845 | $423,407 |
| Fish Haven | $285,285 | $374,493 | $505,055 | $713,456 | $1,160,190 |
| Geneva | $127,917 | $184,428 | $222,517 | $304,698 | $370,631 |
| Georgetown | $123,789 | $164,935 | $210,547 | $262,084 | $387,323 |
| Montpelier | $94,538 | $147,810 | $207,892 | $294,905 | $399,486 |
| Ovid | $138,928 | $173,265 | $225,430 | $308,105 | $437,574 |
| Paris | $116,150 | $168,806 | $212,835 | $288,780 | $437,970 |
| Saint Charles | $187,888 | $318,970 | $456,718 | $668,924 | $1,116,066 |
| Soda Springs | $141,296 | $290,562 | $359,483 | $446,264 | $561,665 |
Source: Ownwell
Property Tax Bills Across Bear Lake County, Idaho
Median Bear Lake County Tax Bill
$1,081
Median Idaho Tax Bill
$1,894
Median United States Tax Bill
$2,400
Property Tax Bills Across Bear Lake County, Idaho
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bennington | N/A | N/A | N/A | N/A | N/A |
| Bern | $424 | $546 | $716 | $1,001 | $1,342 |
| Bloomington | N/A | N/A | N/A | N/A | N/A |
| Dingle | $469 | $561 | $872 | $1,025 | $1,374 |
| Fish Haven | $982 | $1,351 | $1,724 | $2,383 | $3,845 |
| Geneva | $439 | $494 | $598 | $878 | $1,395 |
| Georgetown | $434 | $518 | $637 | $954 | $1,184 |
| Montpelier | $467 | $655 | $879 | $1,245 | $1,664 |
| Ovid | $451 | $533 | $683 | $899 | $1,361 |
| Paris | $506 | $596 | $805 | $1,085 | $1,551 |
| Saint Charles | $750 | $1,141 | $1,552 | $2,288 | $3,425 |
| Soda Springs | $601 | $746 | $999 | $1,282 | $1,951 |
Source: Ownwell