Clark County, Idaho Property Taxes
The median property tax rate in Clark County is 0.49%, which is lower than both the national median of 0.99% and the Idaho state median of 0.50%. With a median home value of $117,180 in Clark County, the typical annual property tax bill is approximately $550, significantly below the national median of $2,690. Property taxes in Clark County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Clark County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you reside in Dubois or another part of Clark County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Clark County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.49%
Estimate Property Tax Bill
$574
$533
Ownwell’s Clark County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Clark County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Clark 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 Clark County, Idaho
Property taxes in Clark County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Clark County is 0.49%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Clark County set these rates annually, and they can vary between different areas within the county. Each year, Clark 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 Spencer has one of the higher property tax rates in Idaho at 0.53%, while the city of Dubois boasts one of the lowest at 0.47%. Analyzing how Clark County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Clark County Tax Rate
0.49%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Clark County, Idaho
In Clark 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 Clark 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 Clark 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. Being aware of these valuation processes in Clark County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Clark County, Monteview has the highest median tax bill at $734, while Spencer has the lowest at $520.
Average Clark County Assessed Value
$117,180
Average Idaho Assessed Value
$374,698
Average United States Assessed Value
$244,900
Property Tax Bills Across Clark County, Idaho
In Clark County, ID, property tax bills are calculated based on the assessed value of a property, 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 Clark County is $117,180, and the property tax rate is applied to this value to estimate the tax bill. Several factors influence the property tax bill, including the property's location, size, and condition. In Clark County, the tax bill at the 25th percentile is $203, while at the 75th percentile, it is $871. Homeowners in Monteview face the highest median tax bill at $734, whereas those in Spencer have the lowest at $520. Compared to the national median property tax rate of 0.99%, Clark County's rates can be considered relatively moderate. These taxes directly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services, thus playing a crucial role in maintaining community standards.
Average Clark County Tax Bill
$550
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690