Blackfoot, Bingham County, Idaho Property Taxes
Median Blackfoot, ID effective property tax rate: 0.49%, significantly lower than the national median of 1.02%, but lower than the Idaho state median of 0.50%.
Median Blackfoot, ID home value: $260,599
Median annual Blackfoot, ID tax bill: $1,127, $1,273 lower than the national median property tax bill of $2,400.
How are property taxes in Bingham County calculated?
Property taxes in Blackfoot, 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 Blackfoot’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Blackfoot, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Blackfoot, Bingham County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.49%
Estimate Property Tax Bill
$1,277
$1,185
Property Tax Rates Across Blackfoot, Bingham County, Idaho
Local government entities are responsible for setting property tax rates, which can vary significantly within a state. Each year, counties estimate the budget needed to provide essential services and divide this by the total value of all taxable property in their area. This calculation determines the property tax rate. While the process involves votes and laws, this is the annual procedure in simple terms.
In Blackfoot, located in Bingham County, the effective property tax rate is 0.49%. This rate is notably lower than the national median property tax rate of 1.02%. It also aligns with the median property tax rate for the entire state of Idaho, which is 0.49%. This consistency highlights the relatively low property tax burden in Blackfoot compared to many other regions across the United States. With a national median property tax bill of $2,400, property owners in Blackfoot benefit from a more affordable property tax environment, making it an attractive location for homeowners seeking to minimize their tax expenses.
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 Blackfoot Tax Rate
0.49%
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 Bingham County Tax Rate
0.49%
Median Effective Idaho Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Blackfoot, Bingham County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83221 | 0.29% | 0.34% | 0.49% | 0.63% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Blackfoot, Bingham County, Idaho
When examining property taxes in Blackfoot, 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 Bingham 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 Bingham 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 Blackfoot.
For example, the median home price in Blackfoot is $260,599, with tax bills ranging significantly across the county. Zip code 83221 has the highest median home price at $260,599.
Property Tax Assessment Values Across Blackfoot, Bingham County, Idaho
Source: Ownwell
$9,529
$152,114
$294,698
Median Blackfoot Market Value
$260,599
Median Bingham County Market Value
$255,122
Median Idaho Market Value
$374,698
Median United States Market Value
$235,294
Property Tax Assessment Values Across Blackfoot, Bingham County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83221 | $30,200 | $171,218 | $260,599 | $350,583 | $444,328 |
Source: Ownwell
Property Tax Bills Across Blackfoot, Bingham County, Idaho
Median Blackfoot Tax Bill
$1,127
Median Bingham County Tax Bill
$1,085
Median Idaho Tax Bill
$1,894
Median United States Tax Bill
$2,400
Property Tax Bills Across Blackfoot, Bingham County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83221 | $173 | $626 | $1,127 | $1,704 | $2,389 |
Source: Ownwell