Wilder, Canyon County, Idaho Property Taxes
The median property tax rate in Wilder, Idaho is 0.51%, slightly higher than the Idaho state median of 0.50%, but still below the national median of 0.99%. With the median home value in Wilder at $361,900, the typical annual property tax bill is $1,901, significantly lower than the national median of $2,690. Property taxes in Wilder are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Wilder'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 Wilder 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
Wilder, Canyon County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.51%
Estimate Property Tax Bill
$1,846
$1,713
Ownwell’s Wilder Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wilder with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wilder 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 Wilder, Canyon County, Idaho
Property taxes in Wilder, Idaho, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Wilder is 0.51%, which is lower than the U.S. national median of 0.99%. Local government entities within Wilder set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wilder 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 Wilder's effective property tax rate to other counties in Idaho and the national median. For comparison, the zip code 83676 has both the highest and lowest median property tax rate of 0.51%. Understanding how these cities compare with Wilder 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 Wilder Tax Rate
0.51%
Average Canyon County Tax Rate
0.53%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wilder, Canyon County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83676 | 0.32% | 0.43% | 0.51% | 0.59% | 0.67% |
Source: Ownwell
Property Tax Assessment Values Across Wilder, Canyon County, Idaho
In Wilder, 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 Wilder, 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 Wilder 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 83676, with a tax bill of $1,901.
Property Tax Assessment Values Across Wilder, Canyon County, Idaho
Source: Ownwell
$292,880
$546,475
$800,070
Average Wilder Assessed Value
$361,900
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 Wilder, Canyon County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83676 | $61,760 | $225,800 | $361,900 | $562,805 | $736,648 |
Source: Ownwell
Property Tax Bills Across Wilder, Canyon County, Idaho
In Wilder, property tax bills are calculated based on the assessed value of a property, which is determined by the Canyon County Assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For instance, with a median home price of $361,900, homeowners can expect varying tax bills. Factors such as property size, location, and improvements are crucial in determining the assessed value. Tax bills in Wilder show significant variation. The 25th percentile tax bill is $1,106, while the 75th percentile reaches $2,853. At the 90th percentile, homeowners might see a tax bill of $3,864. Comparatively, the national median property tax rate is 0.99%, but Wilder's tax rates can lead to a median tax bill of $1,901 in the 83676 zip code. These property taxes fund essential services like schools, roads, and emergency services, directly impacting the quality of life for Wilder residents. Understanding how these taxes are calculated helps homeowners anticipate their financial obligations and plan accordingly.
Average Wilder Tax Bill
$1,901
Average Canyon County Tax Bill
$1,964
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690
Property Tax Bills Across Wilder, Canyon County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83676 | $219 | $1,106 | $1,901 | $2,853 | $3,864 |
Source: Ownwell