Saint George, Idaho Property Taxes
The median property tax rate in Saint George, Idaho is 0.39%, substantially lower than both the national median of 0.99% and the Idaho state median of 0.50%. With the median home value in Saint George at $102,405, the typical annual property tax bill is $398, significantly below the national median of $2,690. Property taxes in Saint George are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Saint George'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 Saint George or another part of Bonneville County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saint George, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.39%
Estimate Property Tax Bill
$399
$371
Ownwell’s Saint George Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint George with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint George 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 Saint George, Idaho
Property taxes in Saint George, Idaho, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint George is 0.39%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Saint George set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint George 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. Understanding how Saint George's effective property tax rate compares to other regions 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 Saint George Tax Rate
0.39%
Average Bonneville County Tax Rate
0.46%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint George, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84790 | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
Source: Ownwell
Property Tax Assessment Values Across Saint George, Idaho
In Saint George, 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. 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 Saint George helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $398, found in the 84790 zip code.
Average Saint George Assessed Value
$102,405
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 Saint George, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84790 | $102,405 | $102,405 | $102,405 | $102,405 | $102,405 |
Source: Ownwell
Property Tax Bills Across Saint George, Idaho
In Saint George, located in Bonneville County, ID, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, which is determined by the county assessor. Various factors, such as the property's location, size, and condition, are considered during the assessment process. For homeowners in Saint George, the median home price is $102,405. With a consistent tax bill of $398 across different percentiles (25th, 75th, and 90th), homeowners can expect a predictable property tax burden. This fixed tax bill is notably lower than the national median property tax rate of 0.99%, providing some financial relief to homeowners in the area. These property taxes fund essential public services, including schools, emergency services, and infrastructure maintenance. Understanding how property tax bills are calculated can help homeowners better manage their finances and anticipate annual costs.
Average Saint George Tax Bill
$398
Average Bonneville County Tax Bill
$1,646
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint George, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84790 | $398 | $398 | $398 | $398 | $398 |
Source: Ownwell