Sun Valley, Blaine County, Idaho Property Taxes

Name: Property Tax Bills Across Sun Valley, Blaine County, Idaho
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Sun Valley, ID effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, but lower than the Idaho state median of 0.50%.
Median Sun Valley, ID home value: $991,768
Median annual Sun Valley, ID tax bill: $3,995, $1,595 higher than the national median property tax bill of $2,400.

How are property taxes in Blaine calculated?

Property taxes in Sun Valley, 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 Sun Valley’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sun Valley, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Sun Valley, Blaine County, Idaho Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.4%

Estimate Property Tax Bill

$3,967

$3,681

Ownwell’s Sun Valley Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sun Valley with just two data points. By entering your property's estimated assessed value, our calculator applies Sun Valley’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 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 Blaine County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Sun Valley, Blaine County, Idaho

Local government entities determine tax rates, leading to significant variation within a state. Each year, counties in Idaho, like Blaine County, calculate their budgets to fund services and divide this by the total value of all taxable properties to establish the property tax rate. This process involves votes and laws, but essentially, it is an annual financial planning exercise. Sun Valley in Blaine County has an effective property tax rate that is notably lower than the national median of 1.02%. This makes Sun Valley an attractive location for property owners seeking lower tax burdens. Compared to other cities in Idaho, Sun Valley's tax rate is competitive, offering a favorable environment for both residential and commercial property owners. Idaho's median property tax rate is also lower than the national average, aligning with Sun Valley's trend. This lower tax rate can be a significant advantage for property owners, contributing to the area's appeal.

Property Tax Rates Across Sun Valley, Blaine County, Idaho

Source: Ownwell

0.23%

0.32%

0.40%

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 Sun Valley Tax Rate

0.40%

Median Effective Blaine County Tax Rate

0.35%

Median Effective Idaho Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sun Valley, Blaine County, Idaho

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
83353	0.32%	0.36%	0.40%	0.42%	0.47%

Source: Ownwell

Property Tax Assessment Values Across Sun Valley, Blaine County, Idaho

When examining property taxes in Sun Valley, ID, 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 Blaine County appraisal district 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 Blaine 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 Sun Valley. For example, the median home price in Sun Valley is $991,768, with tax bills ranging significantly across the county. Zip code 83353 has the highest median home price at $991,768.

Property Tax Assessment Values Across Sun Valley, Blaine County, Idaho

Source: Ownwell

$270,116

$663,122

$1,056,128

Median Sun Valley Market Value

$991,768

Median Blaine County Market Value

$709,430

Median Idaho Market Value

$374,698

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sun Valley, Blaine County, Idaho

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
83353	$351,000	$574,922	$991,768	$2,073,684	$3,576,924

Source: Ownwell

Property Tax Bills Across Sun Valley, Blaine County, Idaho

In Sun Valley, Blaine County, ID, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and market trends influence the assessed value. The median home price in Sun Valley is $991,768, leading to a property tax bill that can range significantly. For example, the 25th percentile tax bill is $2,316, while the 75th percentile reaches $8,018, and the 90th percentile hits $13,433. Comparatively, Sun Valley's property tax bills are higher than the national median property tax bill of $2,400. Such high tax bills can be a burden for homeowners. Ownwell offers services to help homeowners reduce their property tax bills by appealing inaccurate assessments and securing exemptions. These services can lead to significant savings, making homeownership in Sun Valley more affordable.

Property Tax Bills Across Sun Valley, Blaine County, Idaho

Source: Ownwell

$808

$2,402

$3,995

Median Sun Valley Tax Bill

$3,995

Median Blaine County Tax Bill

$2,555

Median Idaho Tax Bill

$1,894

Median United States Tax Bill

$2,400

Property Tax Bills Across Sun Valley, Blaine County, Idaho

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
83353	$1,307	$2,316	$3,995	$8,018	$13,433

Source: Ownwell