83333 Property Tax Rate

Property owners in ZIP code 83333 (Hailey, Idaho) pay a median of $2,310/year in property taxes on homes valued at $688,400. This translates to an effective tax rate of 0.34%, which is 33% below the Idaho state average of 0.50%.

The monthly property tax burden for a median-valued home in 83333 is approximately $193, which factors into escrow payments on mortgages. This ZIP code is located within Blaine County. This is $702 more than the Idaho average of $1,608/year.

Compared to similar ZIP codes in Idaho, 83333 has lower property taxes. ZIP codes with similar effective rates include 83539 (0.34%) and 83421 (0.34%).

In Hailey, property taxes represent approximately 2.7% of the median household income of $86,142, providing context for the relative tax burden on homeowners in this area.

Idaho reassesses property at market value upon sale, with no cap on the increase — expect your assessed value to jump to the purchase price immediately after closing. Blaine County offers a Homeowners' Exemption that reduces assessed value by up to $100,000 for primary residences; file with the Blaine County Assessor within 90 days of purchase to lock in this benefit. Contact the Blaine County Assessor's office to confirm the exemption application deadline and verify your initial assessed value on the notice of assessment.