Ogden, Idaho Property Taxes
The median property tax rate in Ogden, Idaho is 0.43%, considerably lower than both the national median of 0.99% and the Idaho state median of 0.50%. With the median home value in Ogden, the typical annual property tax bill reaches $854, significantly below the national median of $2,690. Property taxes in Ogden are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Ogden's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Ogden or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ogden, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.43%
Estimate Property Tax Bill
$852
$791
Ownwell’s Ogden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ogden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ogden to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Ogden, Idaho
Property taxes in Ogden, Idaho, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ogden is 0.43%, significantly lower than both the Idaho state median and the U.S. national median of 0.99%. Local government entities within Ogden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ogden estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Ogden's effective property tax rate to other counties in Idaho and the national median. For comparison, the 84405 zip code has the highest median property tax rate of 0.43%, while the 84405 zip code also has the lowest median tax rate of 0.43%. Understanding how these cities compare with Ogden provides valuable insights into the varying tax landscape across Bonneville County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ogden Tax Rate
0.43%
Average Bonneville County Tax Rate
0.46%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ogden, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84405 | 0.43% | 0.43% | 0.43% | 0.43% | 0.43% |
Source: Ownwell
Property Tax Assessment Values Across Ogden, Idaho
In Ogden, Idaho, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Bonneville County Appraisal District for tax purposes. In contrast, the assessed value 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. In Ogden, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Ogden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both found in the 84405 zip code, with a value of $854 each.
Average Ogden Assessed Value
$198,145
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 Ogden, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84405 | $198,145 | $198,145 | $198,145 | $198,145 | $198,145 |
Source: Ownwell
Property Tax Bills Across Ogden, Idaho
In Ogden, Bonneville County, ID, property tax bills are calculated based on the assessed value of a property and the local tax rate. The median home price in Ogden is $198,145, which serves as a basis for determining property taxes. The assessed value is typically a percentage of the market value, set by local assessors. The local tax rate is applied to this assessed value to calculate the annual property tax bill. In Ogden, the median tax bill is $854, which is significantly lower than the national median property tax rate of 0.99%. This indicates a relatively low property tax burden for homeowners in the area. Factors influencing the tax bill include property size, location, and any applicable exemptions or deductions. For instance, homeowners might qualify for exemptions that reduce their taxable value. This lower tax rate can make homeownership more affordable, potentially attracting new residents and encouraging long-term investment in the community.
Average Ogden Tax Bill
$854
Average Bonneville County Tax Bill
$1,646
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690
Property Tax Bills Across Ogden, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84405 | $854 | $854 | $854 | $854 | $854 |
Source: Ownwell