83237 Property Tax Rate

Franklin, Idaho · Part of Franklin County

ACS 2019-2023 · Updated Dec 2024

Effective Tax Rate

0.42%

5.3% below state avg

Median Annual Tax

$1,523

$127/mo escrow

Estimate Your Tax

$
$50K$2M

Annual Tax

$1,523

Monthly

$127

Eff. Rate

0.42%

vs. Idaho Avg5.3% below
vs. National Avg43.4% below

How ZIP 83237 Compares

Median Annual Property Tax

ZIP 83237$1,523
Idaho Average$1,608
National Average$2,690

ZIP 83237

0.42%

Effective rate

Idaho Avg

0.50%

Effective rate

National Avg

1.10%

Effective rate

State Ranking

Property Tax Rank in Idaho

0.17%state avg 0.50%1.04%

Lower than 72% of ZIP codes in Idaho(28th percentile, 240 ZIPs compared)

Property Tax Analysis

Property Tax Insights for ZIP 83237

Property owners in ZIP code 83237 (Franklin, Idaho) pay a median of $1,523/year in property taxes on homes valued at $361,800. This translates to an effective tax rate of 0.42%, which is 16% below the Idaho state average of 0.50%.

The monthly property tax burden for a median-valued home in 83237 is approximately $127, which factors into escrow payments on mortgages. This ZIP code is located within Franklin County.

Compared to similar ZIP codes in Idaho, 83237 has higher property taxes. ZIP codes with similar effective rates include 83629 (0.42%) and 83639 (0.42%).

In Franklin, property taxes represent approximately 1.9% of the median household income of $78,375, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 83237, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Franklin County's tax assessor directly.

Buyer decision brief

What ZIP 83237 means for your housing budget

Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.

Monthly escrow signal

$127/mo

Based on median annual tax paid

State context

0.08 percentage points below the Idaho average

Idaho average: 0.50%

Data confidence

Moderate confidence

The Census margin of error is $270, about 18% of the median tax estimate.

Verify before you offer

  • Confirm parcel assessed value with Franklin County assessor.
  • Check homestead, senior, veteran, and disability exemptions.
  • Ask whether purchase triggers reassessment or value-cap reset.
  • Review school district and special assessment boundaries.

This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.

Frequently Asked Questions

What is the property tax rate in ZIP code 83237?
The effective property tax rate in ZIP code 83237 (Franklin, ID) is 0.42%. This rate is calculated by dividing the median annual property tax payment by the median home value within this ZIP Code Tabulation Area (ZCTA), based on U.S. Census Bureau data.
How much are property taxes in Franklin, ID (83237)?
The median annual property tax payment in ZIP code 83237 is $1,523. This figure represents the typical amount paid by homeowners in this area. Actual taxes vary based on your assessed property value and any applicable exemptions.
How does ZIP 83237 compare to the Idaho average?
ZIP code 83237's effective tax rate of 0.42% is lower than the Idaho state average of 0.50%. The median annual property tax in this ZIP is $1,523, compared to the state average of $1,608.
What is the median home value in ZIP 83237?
The median home value in ZIP code 83237 (Franklin, ID) is $361,800, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates at the ZCTA level.
What county is ZIP code 83237 in?
ZIP code 83237 is part of Franklin County in Idaho. For broader county-level property tax data, including comparisons with other counties in Idaho, visit the Franklin County profile on TaxByCounty.

Margin of Error

The median property tax estimate for this ZIP code has a margin of error of ±$270. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.

County-Level Data

ZIP code 83237 is part of Franklin County, Idaho. View the full county profile for broader context and more data.

View Franklin County on TaxByCounty →
By Evan Brooks, Data EditorUpdated Reviewed by Evan Brooks, Data Editor

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.

Estimates are informational only and should not be used as financial or legal advice.

Learn about our data sources and methodology →