Kuna, Idaho Property Taxes
The median property tax rate in Kuna, ID is 0.45%, considerably lower than both the national median of 0.99% and the Idaho state median of 0.50%. With the median home value in Kuna, the typical annual property tax bill reaches $2,213, which is below the national median of $2,690. Property taxes in Kuna 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 Kuna'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 Kuna 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
Kuna, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.45%
Estimate Property Tax Bill
$2,238
$2,077
Ownwell’s Kuna Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kuna with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kuna 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 Kuna, Idaho
Property taxes in Kuna, Idaho, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Kuna is 0.45%, which is significantly lower than both the Idaho state median and the U.S. national median of 0.99%. Local government entities within Kuna set these rates annually, and they can vary across different neighborhoods. Each year, Kuna 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 Kuna's effective property tax rate to other counties in Idaho and the national median. For comparison, the zip code 83634 has both the highest and lowest median property tax rate of 0.45%. Understanding how these cities compare with Kuna provides valuable insights into the varying tax landscape across Canyon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kuna Tax Rate
0.45%
Average Canyon County Tax Rate
0.53%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kuna, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83634 | 0.34% | 0.41% | 0.45% | 0.49% | 0.55% |
Source: Ownwell
Property Tax Assessment Values Across Kuna, Idaho
In Kuna, 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 Canyon 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 Kuna, 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 Kuna helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 83634, both at $2,213, reflecting a balanced tax environment across the region.
Average Kuna Assessed Value
$497,440
Average Canyon County Assessed Value
$352,300
Average Idaho Assessed Value
$374,698
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kuna, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83634 | $30,790 | $339,515 | $497,440 | $640,675 | $829,679 |
Source: Ownwell
Property Tax Bills Across Kuna, Idaho
In Kuna, located in Canyon County, ID, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is a percentage of the market value of the property. Various factors influence this assessment, including the property's location, size, and condition, as well as recent sales of comparable properties in the area. Once the assessed value is established, the local tax rate is applied to calculate the tax bill. For instance, homeowners in Kuna can expect a median property tax bill of around $2,213. This amount can vary significantly, with the 25th percentile tax bill at $1,372 and the 75th percentile reaching $3,026. At the 90th percentile, tax bills can go as high as $3,815. These property taxes play a crucial role in funding local services such as schools, public safety, and infrastructure, directly impacting the quality of life for residents. For homeowners, understanding how these taxes are calculated and the factors influencing them is essential for financial planning and property management.
Average Kuna Tax Bill
$2,213
Average Canyon County Tax Bill
$1,964
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690
Property Tax Bills Across Kuna, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83634 | $143 | $1,372 | $2,213 | $3,026 | $3,815 |
Source: Ownwell