Bonner County, Idaho Property Taxes
The median property tax rate in Bonner County is 0.34%, which is significantly lower than both the national median of 0.99% and the Idaho state median of 0.50%. With the median home value in Bonner County, the typical annual property tax bill is $1,672, well below the national median of $2,690. Property taxes in Bonner County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Bonner 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 Sandpoint or another part of Bonner County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bonner County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.34%
Estimate Property Tax Bill
$1,630
$1,512
Ownwell’s Bonner County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Bonner County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Bonner 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 Bonner County, Idaho
Property taxes in Bonner County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Bonner County is 0.34%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Bonner County set these rates annually, and they can vary significantly between different areas within the county. Each year, Bonner 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 Bonner County's effective property tax rate with other areas in Idaho and the national median. For comparison, the city of Ponderay has one of the higher property tax rates in Idaho at 0.55%, while the city of Sandpoint boasts one of the lowest at 0.41%. Analyzing how Bonner County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Bonner County Tax Rate
0.34%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bonner County, Idaho
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Athol | 0.25% | 0.31% | 0.33% | 0.45% | 0.51% |
| Bayview | 0.31% | 0.38% | 0.44% | 0.49% | 0.58% |
| Blanchard | 0.20% | 0.22% | 0.24% | 0.39% | 1.01% |
| Careywood | 0.28% | 0.31% | 0.33% | 0.40% | 0.50% |
| Clark Fork | 0.27% | 0.29% | 0.33% | 0.45% | 0.60% |
| Cocolalla | 0.29% | 0.31% | 0.34% | 0.44% | 0.49% |
| Coolin | 0.26% | 0.30% | 0.31% | 0.37% | 0.40% |
| Dover | 0.33% | 0.36% | 0.49% | 0.51% | 0.52% |
| Hope | 0.29% | 0.32% | 0.40% | 0.47% | 0.51% |
| Kootenai | 0.26% | 0.29% | 0.31% | 0.49% | 0.53% |
| Laclede | 0.20% | 0.22% | 0.24% | 0.34% | 0.37% |
| Nordman | 0.21% | 0.28% | 0.31% | 0.34% | 0.38% |
| Oldtown | 0.17% | 0.21% | 0.23% | 0.34% | 0.52% |
| Ponderay | 0.38% | 0.45% | 0.55% | 0.79% | 0.88% |
| Priest Lake | 0.19% | 0.24% | 0.29% | 0.31% | 0.34% |
| Priest River | 0.21% | 0.22% | 0.30% | 0.35% | 0.66% |
| Sagle | 0.29% | 0.32% | 0.35% | 0.45% | 0.49% |
| Sandpoint | 0.29% | 0.31% | 0.41% | 0.50% | 0.69% |
| Spirit Lake | 0.22% | 0.24% | 0.26% | 0.36% | 0.47% |
Source: Ownwell
Property Tax Assessment Values Across Bonner County, Idaho
In Bonner 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 Bonner 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 Bonner 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. For instance, the highest median tax bill in the county is in Dover at $3,051, while the lowest is in Oldtown at $811. Being aware of these valuation processes in Bonner County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Bonner County Assessed Value
$479,353
Average Idaho Assessed Value
$374,698
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bonner County, Idaho
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Athol | $84,245 | $300,590 | $445,352 | $621,315 | $797,774 |
| Bayview | $93,183 | $160,259 | $300,660 | $563,695 | $777,692 |
| Blanchard | $26,240 | $138,244 | $370,822 | $511,411 | $648,977 |
| Careywood | $163,970 | $316,138 | $466,576 | $621,209 | $746,408 |
| Clark Fork | $100,068 | $185,194 | $329,098 | $516,969 | $725,623 |
| Cocolalla | $191,527 | $325,739 | $474,994 | $664,392 | $846,771 |
| Coolin | $305,040 | $527,796 | $894,222 | $1,214,774 | $1,635,377 |
| Dover | $412,404 | $527,774 | $685,080 | $1,017,038 | $1,661,375 |
| Hope | $260,033 | $403,549 | $570,464 | $1,045,441 | $1,826,224 |
| Kootenai | $129,564 | $264,352 | $399,742 | $479,473 | $541,844 |
| Laclede | $219,212 | $330,966 | $474,230 | $942,254 | $1,365,540 |
| Nordman | $141,680 | $267,704 | $430,234 | $691,285 | $1,113,200 |
| Oldtown | $57,581 | $199,342 | $332,395 | $471,636 | $620,905 |
| Ponderay | $100,198 | $191,973 | $343,869 | $535,292 | $690,664 |
| Priest Lake | $213,570 | $377,547 | $493,272 | $701,036 | $1,033,035 |
| Priest River | $135,179 | $255,720 | $391,053 | $585,919 | $882,590 |
| Sagle | $205,793 | $380,474 | $581,174 | $906,596 | $1,381,552 |
| Sandpoint | $255,494 | $372,452 | $507,904 | $722,949 | $1,016,648 |
| Spirit Lake | $55,008 | $257,383 | $416,534 | $593,046 | $788,212 |
Source: Ownwell
Property Tax Bills Across Bonner County, Idaho
In Bonner County, ID, property tax bills are determined by assessing the market value of a property and applying the local tax rate to this value. The assessed market value is influenced by factors such as the property's size, location, and condition. Homeowners in Bonner County can expect a wide range of tax bills, reflecting the diversity in property values and local tax rates. For instance, the 25th percentile tax bill in Bonner County is $983, while the 75th percentile tax bill is $2,728, and at the 90th percentile, it reaches $4,190. These figures illustrate the variability in property tax obligations across the county. Comparatively, the national median property tax rate is 0.99%, positioning Bonner County's tax rates as relatively moderate. The impact on homeowners can be significant, as higher property values lead to higher tax bills. This can affect affordability and budgeting for residents. Understanding these factors is crucial for homeowners to anticipate their financial responsibilities and manage their property investments effectively.
Average Bonner County Tax Bill
$1,672
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690
Property Tax Bills Across Bonner County, Idaho
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Athol | $380 | $914 | $1,522 | $2,204 | $2,912 |
| Bayview | $388 | $746 | $1,268 | $2,110 | $2,926 |
| Blanchard | $263 | $316 | $905 | $1,290 | $1,724 |
| Careywood | $466 | $994 | $1,535 | $2,175 | $2,860 |
| Clark Fork | $299 | $645 | $1,149 | $1,762 | $2,517 |
| Cocolalla | $546 | $1,068 | $1,647 | $2,497 | $3,459 |
| Coolin | $1,043 | $1,644 | $2,718 | $4,139 | $5,252 |
| Dover | $1,463 | $2,309 | $3,051 | $4,530 | $8,039 |
| Hope | $858 | $1,382 | $2,239 | $4,180 | $7,230 |
| Kootenai | $366 | $803 | $1,294 | $1,706 | $2,299 |
| Laclede | $474 | $784 | $1,302 | $2,610 | $4,132 |
| Nordman | $427 | $894 | $1,317 | $2,026 | $2,994 |
| Oldtown | $234 | $424 | $811 | $1,187 | $1,635 |
| Ponderay | $336 | $857 | $2,039 | $3,233 | $5,080 |
| Priest Lake | $580 | $941 | $1,368 | $1,914 | $2,768 |
| Priest River | $312 | $702 | $1,124 | $1,693 | $2,539 |
| Sagle | $576 | $1,264 | $2,109 | $3,520 | $5,578 |
| Sandpoint | $806 | $1,421 | $2,127 | $3,134 | $4,440 |
| Spirit Lake | $269 | $705 | $1,164 | $1,662 | $2,158 |
Source: Ownwell