Bonneville County Property Taxes
The median property tax rate in Bonneville County is 0.46%, 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 Bonneville County at $349,759, the typical annual property tax bill reaches $1,646, which is well below the national median of $2,690. Property taxes in Bonneville 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 Bonneville 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 Falls or another part of Bonneville County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bonneville County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.46%
Estimate Property Tax Bill
$1,609
$1,493
Ownwell’s Bonneville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bonneville with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Bonneville 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 Bonneville County, Idaho
Property taxes in Bonneville County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Bonneville County is 0.46%, which is lower than the U.S. national median of 0.99%. Local government entities within Bonneville County set these rates annually, and they can vary significantly between different areas within the county. Each year, Bonneville 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 Bonneville County's effective property tax rate with other counties and the national median. For comparison, the city of Meridian has one of the higher property tax rates in Idaho at 1.10%, while the city of Logan boasts one of the lowest at 0.40%. Analyzing how Bonneville County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Bonneville County Tax Rate
0.46%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bonneville County, Idaho
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ammon | 0.35% | 0.38% | 0.42% | 0.47% | 0.69% |
Austin | N/A | N/A | N/A | N/A | N/A |
Belvedere Tiburon | 0.40% | 0.40% | 0.40% | 0.40% | 0.40% |
Centerville | 0.64% | 0.64% | 0.64% | 0.64% | 0.64% |
Everett | N/A | N/A | N/A | N/A | N/A |
Idaho Falls | 0.32% | 0.39% | 0.49% | 0.58% | 0.95% |
Iona | 0.37% | 0.40% | 0.43% | 0.46% | 0.60% |
Irwin | 0.28% | 0.34% | 0.42% | 0.48% | 0.55% |
Las Vegas | 0.40% | 0.40% | 0.40% | 0.40% | 0.40% |
Logan | 0.39% | 0.39% | 0.40% | 0.41% | 0.42% |
Meridian | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% |
Missoula | N/A | N/A | N/A | N/A | N/A |
Nampa | 0.55% | 0.55% | 0.55% | 0.55% | 0.55% |
Ogden | 0.43% | 0.43% | 0.43% | 0.43% | 0.43% |
Oxnard | 0.69% | 0.69% | 0.69% | 0.69% | 0.69% |
Palisades | 0.33% | 0.33% | 0.33% | 0.33% | 0.33% |
Pocatello | N/A | N/A | N/A | N/A | N/A |
Randlett | N/A | N/A | N/A | N/A | N/A |
Rexburg | 0.99% | 0.99% | 0.99% | 0.99% | 0.99% |
Rigby | 0.23% | 0.27% | 0.43% | 0.57% | 0.95% |
Ririe | 0.24% | 0.27% | 0.36% | 0.53% | 0.72% |
Saint George | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
Saint Paul | 0.99% | 0.99% | 0.99% | 0.99% | 0.99% |
Shelley | 0.31% | 0.33% | 0.43% | 0.60% | 0.90% |
Swan Valley | 0.30% | 0.32% | 0.41% | 0.50% | 0.57% |
Tetonia | 0.66% | 0.66% | 0.66% | 0.66% | 0.66% |
Thornton | 0.95% | 0.95% | 0.95% | 0.95% | 0.95% |
Ucon | 0.31% | 0.32% | 0.35% | 0.40% | 0.63% |
Washington | 0.49% | 0.49% | 0.49% | 0.49% | 0.49% |
Wayan | 0.22% | 0.36% | 0.39% | 0.46% | 0.50% |
Source: Ownwell
Property Tax Assessment Values Across Bonneville County, Idaho
In Bonneville 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 Bonneville 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 Bonneville 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. Bonneville County residents should note that the highest median tax bill in the region is in Meridian at $6,752, while Saint George has the lowest at $398. Being aware of these valuation processes in Bonneville County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Bonneville County Assessed Value
$349,759
Average Idaho Assessed Value
$374,698
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bonneville County, Idaho
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ammon | $257,978 | $300,188 | $382,537 | $451,896 | $557,549 |
Austin | N/A | N/A | N/A | N/A | N/A |
Belvedere Tiburon | $12,528 | $12,528 | $12,528 | $12,528 | $12,528 |
Centerville | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 |
Everett | N/A | N/A | N/A | N/A | N/A |
Idaho Falls | $173,821 | $257,334 | $345,464 | $449,347 | $568,723 |
Iona | $248,066 | $302,011 | $375,564 | $448,926 | $540,953 |
Irwin | $25,101 | $135,702 | $267,448 | $425,465 | $637,927 |
Las Vegas | $4,255 | $4,255 | $4,255 | $4,255 | $4,255 |
Logan | $85,013 | $95,476 | $112,914 | $130,352 | $140,815 |
Meridian | $616,542 | $616,542 | $616,542 | $616,542 | $616,542 |
Missoula | N/A | N/A | N/A | N/A | N/A |
Nampa | $119,890 | $119,890 | $119,890 | $119,890 | $119,890 |
Ogden | $198,145 | $198,145 | $198,145 | $198,145 | $198,145 |
Oxnard | $303,962 | $303,962 | $303,962 | $303,962 | $303,962 |
Palisades | $371,080 | $371,080 | $371,080 | $371,080 | $371,080 |
Pocatello | N/A | N/A | N/A | N/A | N/A |
Randlett | N/A | N/A | N/A | N/A | N/A |
Rexburg | $338,981 | $338,981 | $338,981 | $338,981 | $338,981 |
Rigby | $51,843 | $167,564 | $310,540 | $379,572 | $552,694 |
Ririe | $12,890 | $37,332 | $262,657 | $403,756 | $561,675 |
Saint George | $102,405 | $102,405 | $102,405 | $102,405 | $102,405 |
Saint Paul | $571,832 | $571,832 | $571,832 | $571,832 | $571,832 |
Shelley | $20,351 | $167,940 | $317,910 | $430,426 | $553,339 |
Swan Valley | $122,415 | $221,932 | $377,966 | $636,940 | $958,517 |
Tetonia | $239,099 | $239,099 | $239,099 | $239,099 | $239,099 |
Thornton | $340,398 | $340,398 | $340,398 | $340,398 | $340,398 |
Ucon | $182,432 | $235,615 | $281,574 | $340,121 | $423,360 |
Washington | $80,878 | $80,878 | $80,878 | $80,878 | $80,878 |
Wayan | $29,383 | $49,164 | $171,530 | $264,895 | $395,250 |
Source: Ownwell
Property Tax Bills Across Bonneville County, Idaho
In Bonneville County, ID, property tax bills are calculated based on the assessed value of the property. The local tax assessor determines this value, which generally reflects the market value of the home. Several factors influence the assessed value, including the property's size, location, and condition. Once the assessed value is established, the local tax rate is applied to determine the tax bill. For homeowners in Bonneville County, the median home price is $349,759. Property tax bills can vary significantly, with the 25th percentile paying around $1,090 and the 75th percentile paying approximately $2,352. Those in the 90th percentile see tax bills as high as $3,190. Comparatively, the national median property tax rate is 0.99%, which provides a useful benchmark for understanding local tax burdens. Homeowners in Bonneville County should be aware of these factors as they directly impact their annual financial obligations. Understanding how property taxes are calculated can help homeowners plan and budget more effectively.
Average Bonneville County Tax Bill
$1,646
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690
Property Tax Bills Across Bonneville County, Idaho
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ammon | $918 | $1,270 | $1,697 | $2,212 | $2,828 |
Austin | N/A | N/A | N/A | N/A | N/A |
Belvedere Tiburon | $50 | $50 | $50 | $50 | $50 |
Centerville | $32 | $32 | $32 | $32 | $32 |
Everett | N/A | N/A | N/A | N/A | N/A |
Idaho Falls | $617 | $1,093 | $1,664 | $2,413 | $3,260 |
Iona | $894 | $1,261 | $1,627 | $2,080 | $2,610 |
Irwin | $234 | $599 | $1,018 | $1,573 | $2,549 |
Las Vegas | $17 | $17 | $17 | $17 | $17 |
Logan | $330 | $378 | $459 | $540 | $589 |
Meridian | $6,752 | $6,752 | $6,752 | $6,752 | $6,752 |
Missoula | N/A | N/A | N/A | N/A | N/A |
Nampa | $664 | $664 | $664 | $664 | $664 |
Ogden | $854 | $854 | $854 | $854 | $854 |
Oxnard | $2,102 | $2,102 | $2,102 | $2,102 | $2,102 |
Palisades | $1,225 | $1,225 | $1,225 | $1,225 | $1,225 |
Pocatello | N/A | N/A | N/A | N/A | N/A |
Randlett | N/A | N/A | N/A | N/A | N/A |
Rexburg | $3,373 | $3,373 | $3,373 | $3,373 | $3,373 |
Rigby | $186 | $463 | $931 | $1,852 | $3,177 |
Ririe | $89 | $206 | $851 | $1,284 | $1,956 |
Saint George | $398 | $398 | $398 | $398 | $398 |
Saint Paul | $5,686 | $5,686 | $5,686 | $5,686 | $5,686 |
Shelley | $207 | $648 | $1,182 | $2,011 | $3,219 |
Swan Valley | $506 | $987 | $1,444 | $2,572 | $3,871 |
Tetonia | $1,580 | $1,580 | $1,580 | $1,580 | $1,580 |
Thornton | $3,244 | $3,244 | $3,244 | $3,244 | $3,244 |
Ucon | $591 | $774 | $1,053 | $1,330 | $1,792 |
Washington | $399 | $399 | $399 | $399 | $399 |
Wayan | $133 | $181 | $666 | $1,098 | $1,444 |
Source: Ownwell