Minidoka, Minidoka County, Idaho Property Taxes

Name: Property Tax Bills Across Minidoka, Minidoka County, Idaho
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Minidoka, ID effective property tax rate: 0.48%, significantly lower than the national median of 1.02%, but lower than the Idaho state median of 0.50%.
Median Minidoka, ID home value: $99,204
Median annual Minidoka, ID tax bill: $503, $1,897 lower than the national median property tax bill of $2,400.

How are property taxes in Minidoka calculated?

Property taxes in Minidoka, 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 Minidoka’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Minidoka, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Minidoka, Minidoka County, Idaho Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.48%

Estimate Property Tax Bill

$476

$442

Ownwell’s Minidoka Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Minidoka with just two data points. By entering your property's estimated assessed value, our calculator applies Minidoka’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Minidoka County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Minidoka, Minidoka County, Idaho

Local government entities are responsible for setting tax rates, which can differ significantly within a state. Each year, counties determine their budgetary needs to fund essential services and then divide this amount by the total assessed value of all taxable properties within their area. This calculation establishes the property tax rate. Although the process involves votes and legislative measures, this is essentially how it unfolds annually.

In Minidoka, Idaho, the effective property tax rate is 0.48%, which is notably lower than both the state and national medians. Idaho's median property tax rate is among the lowest in the country, making it an attractive location for property owners. With the national median property tax rate at 1.02%, Minidoka offers a more affordable option for homeowners. This lower rate can result in significant savings, especially when compared to other regions where property tax rates are considerably higher. By understanding these differences, property owners in Minidoka can better appreciate the financial benefits of their location.

Property Tax Rates Across Minidoka, Minidoka County, Idaho

Source: Ownwell

0.48%

0.50%

0.53%

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 Minidoka Tax Rate

0.48%

Median Effective Minidoka County Tax Rate

0.49%

Median Effective Idaho Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Minidoka, Minidoka County, Idaho

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
83343	N/A	N/A	N/A	N/A	N/A
83350	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Minidoka, Minidoka County, Idaho

When examining property taxes in Minidoka, ID, 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 Minidoka 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 Minidoka 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 Minidoka. For example, the median home price in Minidoka is $99,204, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Minidoka, Minidoka County, Idaho

Source: Ownwell

$222,558

$238,697

$254,835

Median Minidoka Market Value

$99,204

Median Minidoka County Market Value

$229,100

Median Idaho Market Value

$374,698

Median United States Market Value

$235,294

Property Tax Assessment Values Across Minidoka, Minidoka County, Idaho

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
83343	N/A	N/A	N/A	N/A	N/A
83350	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Minidoka, Minidoka County, Idaho

In Minidoka, Idaho, property tax bills are determined by the assessed value of a home and the local tax rate. Typically, the assessed value is a percentage of the market value, which is then multiplied by the local property tax rate to calculate the tax bill. With a median home price of $99,204 in Minidoka, homeowners can expect property tax bills that vary significantly. For example, the 25th percentile tax bill is $294, while the 75th percentile tax bill is $676, and the 90th percentile reaches $780. Compared to the national median property tax bill of $2,400, Minidoka residents generally pay less. However, any increase in property taxes can impact homeowners' budgets. This is where Ownwell can make a difference. Ownwell offers property tax appeal and exemption services, helping homeowners potentially reduce their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell ensures that homeowners are not overpaying, providing peace of mind and financial relief.

Property Tax Bills Across Minidoka, Minidoka County, Idaho

Source: Ownwell

$1,108

$1,290

$1,471

Median Minidoka Tax Bill

$503

Median Minidoka County Tax Bill

$1,155

Median Idaho Tax Bill

$1,894

Median United States Tax Bill

$2,400

Property Tax Bills Across Minidoka, Minidoka County, Idaho

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
83343	N/A	N/A	N/A	N/A	N/A
83350	N/A	N/A	N/A	N/A	N/A

Source: Ownwell