Camas County, Idaho Property Taxes
The median property tax rate in Camas 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 Camas County at $196,324, the typical annual property tax bill reaches $754, well below the national median of $2,690. Property taxes in Camas 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 Camas 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 Fairfield or another part of Camas County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Camas County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.46%
Estimate Property Tax Bill
$903
$838
Ownwell’s Camas County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Camas County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Camas 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 Camas County, Idaho
Property taxes in Camas County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Camas County is 0.46%, which is lower than the U.S. national median of 0.99%. Local government entities within Camas County set these rates annually, and they can vary significantly between different areas within the county. Each year, Camas 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 Camas County's effective property tax rate with other regions and the national median. For comparison, the city of Fairfield has one of the higher property tax rates in the area at 0.46%, while the city of Corral boasts one of the lowest at 0.46%. Analyzing how Camas County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Camas County Tax Rate
0.46%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Camas County, Idaho
In Camas 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 Camas 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 Camas 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, Corral has the highest median tax bill at $885, while Hill City has the lowest at $753. Being aware of these valuation processes in Camas County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Camas County Assessed Value
$196,324
Average Idaho Assessed Value
$374,698
Average United States Assessed Value
$244,900
Property Tax Bills Across Camas County, Idaho
In Camas County, ID, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Camas County is $196,324, and the property tax rate is relatively low compared to the national median of 0.99%. Homeowners in Camas County can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is around $389, while the 75th percentile reaches up to $1309, and the 90th percentile hits $1898. The highest median tax bill is found in Corral at $885, whereas Hill City has the lowest at $753. These variations are influenced by factors such as property location, home value, and any applicable exemptions. Understanding these elements can help homeowners anticipate their tax obligations and manage their finances more effectively.
Average Camas County Tax Bill
$754
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690