Mccall, Valley County, Idaho Property Taxes
The median property tax rate in McCall, ID is 0.37%, significantly lower than both the national median of 0.99% and the Idaho state median of 0.50%. With the median home value in McCall at $709,754, the typical annual property tax bill amounts to $2,397, which is below the national median of $2,690. Property taxes in McCall are calculated based on the tax assessed value, which often falls below market value due to various exemptions like the primary residence and agricultural exemptions. Understanding McCall'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 McCall or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mccall, Valley County, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.37%
Estimate Property Tax Bill
$2,626
$2,437
Ownwell’s McCall Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in McCall with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in McCall 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 Mccall, Valley County, Idaho
Property taxes in McCall, Idaho, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in McCall is 0.37%, significantly lower than both the Idaho state median and the U.S. national median of 0.99%. Local government entities within McCall set these rates annually, and they can vary significantly across different neighborhoods. Each year, McCall 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 McCall's effective property tax rate to other counties in Idaho and the national median. For comparison, the 83611 zip code has both the highest and lowest median property tax rate of 0.77%. Understanding how these cities compare with McCall provides valuable insights into the varying tax landscape across Valley County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mccall Tax Rate
0.37%
Average Valley County Tax Rate
0.29%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mccall, Valley County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83611 | N/A | N/A | N/A | N/A | N/A |
| 83638 | 0.21% | 0.23% | 0.37% | 0.47% | 0.49% |
Source: Ownwell
Property Tax Assessment Values Across Mccall, Valley County, Idaho
In McCall, 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 Valley 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 McCall, 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. The median home price in McCall is $709,754, with the 25th percentile tax bill at $1,603 and the 75th percentile tax bill at $3,505. The highest median tax bill is $2,397 in the 83638 zip code, while the lowest median tax bill is $1,846 in the 83611 zip code. 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 McCall helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Mccall, Valley County, Idaho
Source: Ownwell
$186,181
$447,968
$709,754
Average Mccall Assessed Value
$709,754
Average Valley County Assessed Value
$597,522
Average Idaho Assessed Value
$374,698
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mccall, Valley County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83611 | N/A | N/A | N/A | N/A | N/A |
| 83638 | $330,801 | $514,123 | $709,754 | $1,007,322 | $1,497,620 |
Source: Ownwell
Property Tax Bills Across Mccall, Valley County, Idaho
In McCall, Valley County, ID, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value of the property. Once the assessed value is established, the local tax rate is applied to calculate the tax bill. Factors such as property size, location, and improvements can influence the assessed value. For homeowners in McCall, the median home price is $709,754. The property tax bills can vary significantly, with the 25th percentile at $1,603 and the 75th percentile at $3,505. At the 90th percentile, tax bills can reach up to $5,202. The highest median tax bill in the area is $2,397, while the lowest is $1,846. Compared to the national median property tax rate of 0.99%, these figures illustrate how local factors and property values can impact what homeowners ultimately pay in property taxes. Understanding these components can help homeowners anticipate their annual tax obligations.
Average Mccall Tax Bill
$2,397
Average Valley County Tax Bill
$1,821
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690
Property Tax Bills Across Mccall, Valley County, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83611 | N/A | N/A | N/A | N/A | N/A |
| 83638 | $972 | $1,603 | $2,397 | $3,505 | $5,202 |
Source: Ownwell