Fremont County, Idaho Property Taxes
The median property tax rate in Fremont County is 0.43%, which is significantly lower than both the national median of 0.99% and the Idaho state median of 0.50%. With a median home value of $277,698 in Fremont County, the typical annual property tax bill is around $1,250, far below the national median of $2,690. Property taxes in Fremont County are calculated based on the assessed value, which often falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Fremont 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 St. Anthony or another part of Fremont County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Fremont County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.43%
Estimate Property Tax Bill
$1,194
$1,108
Ownwell’s Fremont County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Fremont County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Fremont 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 Fremont County, Idaho
Property taxes in Fremont County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Fremont County is 0.43%, which is lower than the U.S. national median of 0.99%. Local government entities within Fremont County set these rates annually, and they can vary significantly between different areas within the county. Each year, Fremont 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. The following data compares Fremont County's effective property tax rate with other counties in Idaho and the national median. For comparison, the city of Macks Inn has one of the higher property tax rates in Idaho at 0.84%, while the city of Saint Anthony boasts one of the lowest at 0.43%. Analyzing how Fremont County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Fremont County Tax Rate
0.43%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fremont County, Idaho
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashton | 0.26% | 0.30% | 0.44% | 0.52% | 1.05% |
| Chester | 0.23% | 0.27% | 0.30% | 0.42% | 0.53% |
| Island Park | 0.38% | 0.40% | 0.44% | 0.58% | 0.88% |
| Macks Inn | 0.54% | 0.66% | 0.84% | 1.47% | 2.10% |
| Newdale | 0.32% | 0.34% | 0.39% | 0.62% | 0.74% |
| Parker | 0.31% | 0.33% | 0.38% | 0.58% | 0.75% |
| Rexburg | 0.24% | 0.26% | 0.27% | 0.33% | 0.49% |
| Saint Anthony | 0.27% | 0.30% | 0.43% | 0.55% | 1.05% |
| Sugar City | N/A | N/A | N/A | N/A | N/A |
| Teton | 0.24% | 0.28% | 0.32% | 0.53% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Fremont County, Idaho
In Fremont 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 Fremont 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 Fremont 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. The median home price in Fremont County stands at $277,698, with tax bills ranging from $613 at the 25th percentile to $3,485 at the 90th percentile. Macks Inn boasts the highest median tax bill at $2,284, while Sugar City has the lowest at $351. 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 Fremont County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Fremont County Assessed Value
$277,698
Average Idaho Assessed Value
$374,698
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fremont County, Idaho
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashton | $36,126 | $129,593 | $238,472 | $406,406 | $678,246 |
| Chester | $42,402 | $124,975 | $219,379 | $388,591 | $529,699 |
| Island Park | $74,176 | $197,010 | $397,640 | $662,415 | $994,751 |
| Macks Inn | $71,136 | $76,776 | $286,174 | $483,628 | $661,141 |
| Newdale | $34,327 | $119,097 | $199,906 | $356,612 | $504,355 |
| Parker | $21,616 | $120,240 | $195,659 | $289,520 | $416,782 |
| Rexburg | $108,494 | $213,438 | $357,718 | $512,384 | $667,110 |
| Saint Anthony | $23,071 | $102,715 | $203,141 | $336,382 | $504,386 |
| Sugar City | N/A | N/A | N/A | N/A | N/A |
| Teton | $19,986 | $92,626 | $204,810 | $308,079 | $469,993 |
Source: Ownwell
Property Tax Bills Across Fremont County, Idaho
In Fremont County, Idaho, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor, who evaluates the property's market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Fremont County's property tax rates can vary, leading to different tax bills for homeowners. For instance, the median home price in the county is $277,698. Homeowners at the 25th percentile pay around $613 annually, while those at the 75th percentile pay approximately $2,209. At the 90th percentile, the tax bill can reach up to $3,485. In Macks Inn, the highest median tax bill is $2,284, whereas in Sugar City, the lowest median tax bill is $351. These variations significantly affect homeowners, as higher property values and tax rates result in higher tax bills, impacting household budgets and financial planning.
Average Fremont County Tax Bill
$1,250
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690
Property Tax Bills Across Fremont County, Idaho
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashton | $240 | $565 | $1,022 | $1,728 | $2,607 |
| Chester | $156 | $439 | $659 | $1,142 | $1,746 |
| Island Park | $406 | $1,087 | $1,999 | $3,063 | $4,478 |
| Macks Inn | $1,500 | $1,501 | $2,284 | $3,122 | $4,174 |
| Newdale | $205 | $500 | $788 | $1,410 | $2,031 |
| Parker | $77 | $486 | $708 | $1,122 | $1,751 |
| Rexburg | $373 | $617 | $1,041 | $1,538 | $2,020 |
| Saint Anthony | $237 | $450 | $846 | $1,382 | $2,000 |
| Sugar City | N/A | N/A | N/A | N/A | N/A |
| Teton | $187 | $331 | $653 | $1,027 | $1,621 |
Source: Ownwell