83316 Property Tax Rate

Property owners in ZIP code 83316 (Buhl, Idaho) pay a median of $1,573/year in property taxes on homes valued at $248,100. This translates to an effective tax rate of 0.63%, which is 27% above the Idaho state average of 0.50%.

The monthly property tax burden for a median-valued home in 83316 is approximately $131, which factors into escrow payments on mortgages. This ZIP code is located within Twin Falls County.

Compared to similar ZIP codes in Idaho, 83316 has lower property taxes. ZIP codes with similar effective rates include 83548 (0.63%) and 83353 (0.63%).

In Buhl, property taxes represent approximately 2.6% of the median household income of $61,378, providing context for the relative tax burden on homeowners in this area.

Idaho assesses property to market value at purchase with no statewide cap, and Twin Falls County's 0.70% rate among the highest in Idaho — the median home generates $2,030 annually. Twin Falls County does not offer a homestead exemption, but contact the Twin Falls County Assessor to confirm that your owner-occupied property receives the correct classification and to inquire about circuit-breaker relief for seniors. File your homeowner claim with the Twin Falls County Assessor within 30 days of closing and request a copy of the formal assessment notice.