Nampa, Canyon County, Idaho Property Taxes
The median property tax rate in Nampa, ID is 0.55%, which is higher than both the national median of 0.99% and the Idaho state median of 0.50%. With the median home value in Nampa at $355,300, the typical annual property tax bill reaches $1,987, falling below the national median of $2,690. Property taxes in Nampa 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 Nampa'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 Nampa or another part of Canyon County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Nampa, Canyon County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$1,954
$1,813
Ownwell’s Nampa Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Nampa with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Nampa 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 Nampa, Canyon County, Idaho
Property taxes in Nampa, Idaho, are essential for funding key local services such as public schools, road maintenance, and emergency services. The median tax rate in Nampa is 0.55%, which is lower than both the Idaho state median and the U.S. national median of 0.99%. Local government entities within Nampa set these rates annually, and they can vary significantly across different neighborhoods. Each year, Nampa 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 Nampa's effective property tax rate to other counties in Idaho and the national median. For comparison, the 83687 zip code has the highest median property tax rate of 0.56%, while the 83641 zip code has the lowest median tax rate of 0.50%. Understanding how these cities compare with Nampa 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 Nampa Tax Rate
0.55%
Average Canyon County Tax Rate
0.53%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Rates Across Nampa, Canyon County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83634 | N/A | N/A | N/A | N/A | N/A |
| 83641 | N/A | N/A | N/A | N/A | N/A |
| 83651 | 0.36% | 0.46% | 0.55% | 0.68% | 0.81% |
| 83686 | 0.32% | 0.41% | 0.54% | 0.61% | 0.77% |
| 83687 | 0.33% | 0.45% | 0.56% | 0.66% | 0.82% |
Source: Ownwell
Property Tax Assessment Values Across Nampa, Canyon County, Idaho
In Nampa, 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 Nampa, 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 Nampa helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Nampa is $2,064 in zip code 83686, while the lowest is $1,095 in zip code 83641.
Property Tax Assessment Values Across Nampa, Canyon County, Idaho
Source: Ownwell
$292,880
$546,475
$800,070
Average Nampa Assessed Value
$355,300
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 Nampa, Canyon County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83634 | N/A | N/A | N/A | N/A | N/A |
| 83641 | N/A | N/A | N/A | N/A | N/A |
| 83651 | $169,700 | $271,400 | $327,100 | $384,500 | $453,780 |
| 83686 | $262,990 | $317,900 | $384,450 | $493,100 | $640,210 |
| 83687 | $123,400 | $288,600 | $352,950 | $448,100 | $600,020 |
Source: Ownwell
Property Tax Bills Across Nampa, Canyon County, Idaho
In Nampa, 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. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the assessed value, including the home's market value, location, and any improvements made to the property. For homeowners in Nampa, the median home price stands at $355,300. The impact on homeowners varies significantly. For instance, the 25th percentile of tax bills is $1,425, while the 75th percentile reaches $2,667. At the 90th percentile, homeowners can expect to pay around $3,363 annually. The highest median tax bill in the area is $2,064, found in the zip code 83686, whereas the lowest median tax bill is $1,095 in the zip code 83641. Compared to the national median property tax rate of 0.99%, Nampa's rates reflect the local economic conditions and market values, influencing the financial burden on homeowners.
Average Nampa Tax Bill
$1,987
Average Canyon County Tax Bill
$1,964
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690
Property Tax Bills Across Nampa, Canyon County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83634 | N/A | N/A | N/A | N/A | N/A |
| 83641 | N/A | N/A | N/A | N/A | N/A |
| 83651 | $803 | $1,299 | $1,840 | $2,439 | $3,004 |
| 83686 | $1,008 | $1,524 | $2,064 | $2,741 | $3,465 |
| 83687 | $767 | $1,377 | $2,024 | $2,752 | $3,428 |
Source: Ownwell