Saint Anthony, Madison County, Idaho Property Taxes
The median property tax rate in Saint Anthony, Idaho is 0.29%, significantly lower than both the national median of 0.99% and the Idaho state median of 0.50%. With the median home value in Saint Anthony, the typical annual property tax bill reaches $888, well below the national median of $2,690. Property taxes in Saint Anthony are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Saint Anthony'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 Saint Anthony or another part of Madison County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saint Anthony, Madison County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.29%
Estimate Property Tax Bill
$767
$712
Ownwell’s Saint Anthony Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Anthony with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Anthony 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 Saint Anthony, Madison County, Idaho
Property taxes in Saint Anthony, Idaho, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Anthony is 0.72%, which is notably higher than the Idaho state median of 0.69% but still lower than the U.S. national median of 0.99%. Local government entities within Saint Anthony set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Anthony 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 Saint Anthony's effective property tax rate to other counties in Idaho and the national median. For comparison, the highest median property tax rate in Idaho is found in Blaine County at 0.83%, while the lowest median tax rate is in Madison County at 0.29%. Understanding how these cities compare with Saint Anthony provides valuable insights into the varying tax landscape across Fremont County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Anthony Tax Rate
0.29%
Average Madison County Tax Rate
0.54%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Anthony, Madison County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83445 | 0.25% | 0.26% | 0.29% | 0.32% | 0.37% |
Source: Ownwell
Property Tax Assessment Values Across Saint Anthony, Madison County, Idaho
In Saint Anthony, 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 Madison County Assessor 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 Saint Anthony, 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 Saint Anthony helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median property tax bill in the area ranges from $536 at the 25th percentile to $1,668 at the 90th percentile. The zip code with both the highest and lowest median tax bill is 83445, with a value of $888.
Property Tax Assessment Values Across Saint Anthony, Madison County, Idaho
Source: Ownwell
$264,650
$345,209
$425,768
Average Saint Anthony Assessed Value
$264,650
Average Madison County Assessed Value
$317,091
Average Idaho Assessed Value
$374,698
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Anthony, Madison County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83445 | $30,868 | $64,122 | $264,650 | $374,976 | $428,074 |
Source: Ownwell
Property Tax Bills Across Saint Anthony, Madison County, Idaho
In Saint Anthony, located in Madison County, ID, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local authorities and is a percentage of the market value of the property. Homeowners in Saint Anthony can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is around $536, while the 75th percentile tax bill reaches up to $1231, and the 90th percentile tax bill can go as high as $1668. These tax bills are influenced by various factors, including the assessed value of the property, local tax rates, and any applicable exemptions. The median home price in Saint Anthony is $264,650, which serves as a baseline for calculating property taxes. Despite having a median tax bill of $888, which is lower than the national median property tax rate of 0.99%, the financial impact on homeowners can vary widely. This variability underscores the importance of understanding local tax assessments and potential exemptions to manage property tax obligations effectively.
Average Saint Anthony Tax Bill
$888
Average Madison County Tax Bill
$1,903
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Anthony, Madison County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83445 | $163 | $536 | $888 | $1,231 | $1,668 |
Source: Ownwell