83226 Property Tax Rate

Property owners in ZIP code 83226 (Challis, Idaho) pay a median of $616/year in property taxes on homes valued at $270,700. This translates to an effective tax rate of 0.23%, which is 55% below the Idaho state average of 0.50%.

The monthly property tax burden for a median-valued home in 83226 is approximately $51, which factors into escrow payments on mortgages. This ZIP code is located within Custer County. This is $992 less than the Idaho average of $1,608/year.

Compared to similar ZIP codes in Idaho, 83226 has lower property taxes. ZIP codes with similar effective rates include 83449 (0.23%) and 83464 (0.24%).

In Challis, property taxes represent approximately 1.2% of the median household income of $50,980, providing context for the relative tax burden on homeowners in this area.

Idaho assesses property at market value at purchase with no statewide cap, and Custer County's 0.23% rate is the lowest in the state. Custer County does not offer a homestead property tax exemption, but primary residents should contact the Custer County Assessor to confirm owner-occupied status and investigate any local exemption programs for seniors or disabled persons. File your homeowner claim with the Custer County Assessor's office shortly after purchase to ensure proper assessment classification.