Boise, Elmore County, Idaho Property Taxes
Median Boise, ID effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, but higher than the Idaho state median of 0.50%.
Median Boise, ID home value: $118,743
Median annual Boise, ID tax bill: $692, $1,708 lower than the national median property tax bill of $2,400.
How are property taxes in Elmore County calculated?
Property taxes in Boise, ID are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Boise’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Boise, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Boise, Elmore County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.68%
Estimate Property Tax Bill
$807
$749
Property Tax Rates Across Boise, Elmore County, Idaho
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Boise in Elmore County, Idaho, presents a unique case when it comes to property tax rates. The effective property tax rate here is notably below the national median of 1.02%. This lower rate can translate into significant savings for property owners compared to other parts of the country. The consistency of the rate across different areas within Boise, such as the 83716 ZIP code, provides a stable and predictable tax environment for residents.
In comparison to other cities in Idaho and the broader U.S., Boise's rate is quite competitive. This makes it an attractive location for homeowners seeking a balance between property value and tax obligations. Considering these factors, Boise stands out as an appealing choice for individuals looking to optimize their property tax expenses.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Boise Tax Rate
0.68%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Elmore County Tax Rate
0.50%
Median Effective Idaho Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Boise, Elmore County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83716 | 0.25% | 0.28% | 0.68% | 0.85% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Boise, Elmore County, Idaho
When examining property taxes in Boise, Idaho, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Elmore County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Elmore County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Boise. For example, the median home price in Boise is $118,743, with tax bills ranging significantly across the county. The zip code 83716 has the highest median home price at $118,743.
Property Tax Assessment Values Across Boise, Elmore County, Idaho
Source: Ownwell
$118,743
$204,885
$291,026
Median Boise Market Value
$118,743
Median Elmore County Market Value
$276,790
Median Idaho Market Value
$374,698
Median United States Market Value
$235,294
Property Tax Assessment Values Across Boise, Elmore County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83716 | $23,504 | $47,287 | $118,743 | $455,624 | $669,252 |
Source: Ownwell
Property Tax Bills Across Boise, Elmore County, Idaho
Median Boise Tax Bill
$692
Median Elmore County Tax Bill
$1,251
Median Idaho Tax Bill
$1,894
Median United States Tax Bill
$2,400
Property Tax Bills Across Boise, Elmore County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83716 | $216 | $366 | $692 | $1,405 | $1,970 |
Source: Ownwell