Cassia County Property Taxes
The median property tax rate in Cassia County is 0.38%, 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 Cassia County, the typical annual property tax bill reaches $844, well below the national median of $2,690. Property taxes in Cassia 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 Cassia 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 Burley or another part of Cassia County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cassia County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.38%
Estimate Property Tax Bill
$884
Ownwell’s Cassia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cassia with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Cassia to estimate your property tax bill. This insightful tool 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 Cassia County, Idaho
Property taxes in Cassia County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Cassia County is 0.38%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Cassia County set these rates annually, and they can vary significantly between different areas within the county. Each year, Cassia 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. For comparison, the city of Heyburn has one of the higher property tax rates in Idaho at 1.32%, while the city of American Falls boasts one of the lowest at 0.41%. Analyzing how Cassia County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Cassia County Tax Rate
0.38%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cassia County, Idaho
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Albion | 0.22% | 0.25% | 0.28% | 0.42% | 0.57% |
Almo | 0.27% | 0.30% | 0.39% | 0.60% | 0.66% |
American Falls | 0.26% | 0.30% | 0.41% | 0.61% | 0.74% |
Burley | 0.25% | 0.33% | 0.39% | 0.56% | 0.89% |
Declo | 0.25% | 0.30% | 0.36% | 0.57% | 0.88% |
Elba | 0.14% | 0.26% | 0.32% | 0.48% | 0.57% |
Heyburn | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% |
Jackson | 0.23% | 0.25% | 0.31% | 0.48% | 0.53% |
Malta | 0.27% | 0.30% | 0.49% | 0.62% | 0.77% |
Murtaugh | 0.26% | 0.31% | 0.44% | 0.63% | 1.30% |
Oakley | 0.29% | 0.32% | 0.38% | 0.66% | 0.76% |
Rupert | 0.26% | 0.31% | 0.35% | 0.51% | 0.82% |
Source: Ownwell
Property Tax Assessment Values Across Cassia County, Idaho
In Cassia 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 Cassia 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 Cassia 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. In Cassia County, Murtaugh has the highest median tax bill at $1,466, while Heyburn has the lowest at $137. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Cassia County Assessed Value
$232,517
Average Idaho Assessed Value
$374,698
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cassia County, Idaho
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Albion | $45,685 | $125,926 | $246,369 | $376,623 | $531,433 |
Almo | $25,592 | $64,884 | $174,560 | $289,232 | $413,405 |
American Falls | $73,924 | $258,412 | $326,479 | $437,864 | $783,878 |
Burley | $51,763 | $121,606 | $242,554 | $347,222 | $492,443 |
Declo | $10,819 | $46,833 | $199,940 | $366,349 | $612,284 |
Elba | $39,000 | $92,354 | $187,642 | $323,860 | $429,466 |
Heyburn | $10,409 | $10,409 | $10,409 | $10,409 | $10,409 |
Jackson | $46,223 | $129,861 | $257,414 | $453,320 | $621,621 |
Malta | $8,902 | $42,700 | $170,189 | $281,419 | $444,676 |
Murtaugh | $98,606 | $232,396 | $357,175 | $457,164 | $536,300 |
Oakley | $33,014 | $101,050 | $183,948 | $335,249 | $480,212 |
Rupert | $11,823 | $32,541 | $178,360 | $660,623 | $799,544 |
Source: Ownwell
Property Tax Bills Across Cassia County, Idaho
In Cassia County, ID, property tax bills are calculated based on the assessed value of a home and the tax rate set by local taxing authorities. The assessed value is determined by the county assessor and is typically a percentage of the market value of the property. For homeowners in Cassia County, the median home price is $232,517. The property tax bill can vary significantly within the county. For instance, homeowners in the 25th percentile pay around $424 annually, while those in the 75th percentile see bills closer to $1,435. At the higher end, the 90th percentile tax bill reaches approximately $2,124. The city with the highest median tax bill is Murtaugh at $1,466, while Heyburn has the lowest at $137. These tax bills impact homeowners by adding a recurring cost that must be budgeted for each year. Comparing this to the national median property tax rate of 0.99%, Cassia County's rates can be seen as relatively moderate, affecting the overall affordability of homeownership in the region.
Average Cassia County Tax Bill
$844
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690
Property Tax Bills Across Cassia County, Idaho
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Albion | $116 | $342 | $679 | $1,106 | $1,716 |
Almo | $140 | $302 | $579 | $1,232 | $1,621 |
American Falls | $251 | $762 | $1,268 | $2,046 | $3,517 |
Burley | $122 | $495 | $889 | $1,474 | $2,136 |
Declo | $78 | $219 | $636 | $1,322 | $2,204 |
Elba | $95 | $217 | $553 | $943 | $1,588 |
Heyburn | $137 | $137 | $137 | $137 | $137 |
Jackson | $118 | $392 | $762 | $1,507 | $2,163 |
Malta | $66 | $227 | $585 | $1,099 | $1,762 |
Murtaugh | $281 | $677 | $1,466 | $2,308 | $4,013 |
Oakley | $137 | $393 | $709 | $1,340 | $2,016 |
Rupert | $89 | $123 | $590 | $2,054 | $3,100 |
Source: Ownwell