Boise County, Idaho Property Taxes
The median property tax rate in Boise County is 0.30%, which is significantly lower than both the national median of 0.99% and the Idaho state median of 0.50%. With a median home value of $366,025, the typical annual property tax bill in Boise County is $1,257, far below the national median of $2,690. Property taxes here are calculated based on the assessed value, which often falls below the actual market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Boise County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Idaho City or another part of Boise County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Boise County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.3%
Estimate Property Tax Bill
$1,098
$1,019
Ownwell’s Boise County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Boise County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Boise County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Boise County, Idaho
Property taxes in Boise County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Boise County is 0.30%, which is lower than both the Idaho state median and the U.S. national median of 0.99%. Local government entities within Boise County set these rates annually, and they can vary significantly between different areas within the county. Each year, Boise County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Boise County's effective property tax rate with other counties in Idaho and the national median. For comparison, the city of Placerville has one of the higher property tax rates in Idaho at 0.60%, while the city of Lowman boasts one of the lowest at 0.40%. Analyzing how Boise County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Boise County Tax Rate
0.30%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Rates Across Boise County, Idaho
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Banks | 0.27% | 0.31% | 0.36% | 0.39% | 0.41% |
| Boise | 0.18% | 0.20% | 0.24% | 0.30% | 0.37% |
| Garden Valley | 0.27% | 0.28% | 0.37% | 0.41% | 0.45% |
| Horseshoe Bend | 0.21% | 0.22% | 0.26% | 0.32% | 0.45% |
| Idaho City | 0.20% | 0.23% | 0.31% | 0.37% | 0.44% |
| Lowman | 0.25% | 0.36% | 0.40% | 0.45% | 0.58% |
| Placerville | 0.29% | 0.41% | 0.60% | 0.67% | 0.76% |
| Sweet | 0.20% | 0.21% | 0.26% | 0.31% | 0.34% |
Source: Ownwell
Property Tax Assessment Values Across Boise County, Idaho
In Boise County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Boise County Appraisal District. The assessed value, however, 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. Assessment notices in Boise County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Boise County's highest median tax bill is found in Garden Valley at $1,788, while Placerville has the lowest median tax bill at $816. Being aware of these valuation processes in Boise County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Boise County Assessed Value
$366,025
Average Idaho Assessed Value
$374,698
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Boise County, Idaho
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Banks | $57,940 | $179,910 | $227,113 | $507,632 | $575,318 |
| Boise | $104,183 | $237,551 | $410,678 | $698,414 | $978,185 |
| Garden Valley | $53,944 | $185,777 | $471,882 | $757,418 | $1,057,748 |
| Horseshoe Bend | $28,485 | $115,081 | $389,209 | $660,126 | $929,328 |
| Idaho City | $20,232 | $119,701 | $292,310 | $475,084 | $658,762 |
| Lowman | $23,568 | $76,948 | $210,180 | $328,844 | $459,788 |
| Placerville | $24,353 | $61,660 | $140,484 | $270,905 | $365,261 |
| Sweet | $81,541 | $151,024 | $316,892 | $513,196 | $804,592 |
Source: Ownwell
Property Tax Bills Across Boise County, Idaho
In Boise County, ID, property tax bills are calculated based on the assessed value of a home, not its market value. The assessed value is determined by the county assessor and is typically a percentage of the market value. Homeowners in Boise County experience a range of property tax bills, with the 25th percentile at $712 and the 75th percentile at $2018. The 90th percentile of tax bills reaches up to $2831, indicating a broad spectrum depending on property characteristics and assessed values. Factors considered in determining the tax bill include the property's assessed value, local tax rates, and any applicable exemptions. For instance, Garden Valley has the highest median tax bill at $1788, whereas Placerville has the lowest at $816. These variations can significantly affect homeowners, influencing their annual financial planning and overall cost of homeownership. Compared to the national median property tax rate of 0.99%, Boise County's rates and resulting tax bills reflect the unique economic and property landscape of the region.
Average Boise County Tax Bill
$1,257
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690
Property Tax Bills Across Boise County, Idaho
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Banks | $640 | $704 | $1,085 | $1,784 | $2,146 |
| Boise | $389 | $608 | $1,090 | $1,787 | $2,450 |
| Garden Valley | $611 | $1,085 | $1,788 | $2,691 | $3,669 |
| Horseshoe Bend | $501 | $874 | $1,281 | $1,956 | $2,599 |
| Idaho City | $389 | $618 | $984 | $1,434 | $2,093 |
| Lowman | $296 | $466 | $931 | $1,303 | $1,670 |
| Placerville | $397 | $541 | $816 | $1,464 | $1,952 |
| Sweet | $475 | $653 | $1,023 | $1,326 | $2,009 |
Source: Ownwell