St Maries, Benewah County, Idaho Property Taxes
Median ST MARIES, ID effective property tax rate: 0.51%, significantly lower than the national median of 1.02%, but slightly higher than the Idaho state median of 0.50%.
Median ST MARIES, ID home value: $241,760
Median annual ST MARIES, ID tax bill: $1,226, $1,174 lower than the national median property tax bill of $2,400.
How are property taxes in Benewah calculated?
Property taxes in ST MARIES, ID 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 ST MARIES’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in ST MARIES, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
St Maries, Benewah County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.51%
Estimate Property Tax Bill
$1,233
$1,144
Property Tax Rates Across St Maries, Benewah County, Idaho
Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
St. Maries, located in Benewah County, Idaho, offers a unique perspective on property taxes. The effective property tax rate here is notably lower than both the national median property tax rate of 1.02% and the national median property tax bill of $2400. This makes St. Maries an attractive location for property owners looking for lower tax obligations. The median property tax rate in Idaho provides a favorable comparison against the national figures, making it a compelling option for those considering relocation.
Below, you can compare St. Maries’ effective property tax rate to other cities in Idaho and the median property tax rates in Idaho and the U.S.
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 St Maries Tax Rate
0.51%
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 Benewah County Tax Rate
0.47%
Median Effective Idaho Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across St Maries, Benewah County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83861 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across St Maries, Benewah County, Idaho
When examining property taxes in St. Maries, Idaho, 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 Benewah County Assessor 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 Benewah County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 St. Maries. For example, the median home price in St. Maries is $241,760, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across St Maries, Benewah County, Idaho
Source: Ownwell
$95,890
$144,852
$193,814
Median St Maries Market Value
$241,760
Median Benewah County Market Value
$164,078
Median Idaho Market Value
$374,698
Median United States Market Value
$235,294
Property Tax Assessment Values Across St Maries, Benewah County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83861 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across St Maries, Benewah County, Idaho
In St. Maries, located in Benewah County, ID, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the home's market value, and the local tax rate is applied to this assessed value to determine the property tax bill. With a median home price of $241,760, homeowners in St. Maries can expect property tax bills to be around $1,226, which is significantly lower than the national median property tax bill of $2,400. This relatively lower tax burden can be attributed to Idaho's generally lower tax rates compared to the national average.
Factors that influence property tax bills include changes in the market value of homes, local tax levies, and any applicable exemptions. Homeowners can benefit from appealing their property tax assessments if they believe their homes are overvalued. That's where Ownwell comes in, offering expert property tax appeal services to help homeowners potentially reduce their tax bills and save money.
Median St Maries Tax Bill
$1,226
Median Benewah County Tax Bill
$762
Median Idaho Tax Bill
$1,894
Median United States Tax Bill
$2,400
Property Tax Bills Across St Maries, Benewah County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83861 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell