83406 Property Tax Rate
Idaho Falls, Idaho · Part of Bonneville County
Effective Tax Rate
0.54%
17% above state avgMedian Annual Tax
$1,881
$157/mo escrow
Estimate Your Tax
Annual Tax
$1,881
Monthly
$157
Eff. Rate
0.54%
Buyer decision brief
What ZIP 83406 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
$157/mo
Based on median annual tax paid
State context
0.04 percentage points above the Idaho average
Idaho average: 0.50%
Data confidence
High confidenceThe Census margin of error is $122, about 6% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Bonneville 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.
Lower-rate similar ZIPs
This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.
Data confidence ledger
Can you trust ZIP 83406 for comparison?
ACS vintage
2019-2023 ACS 5-Year Estimates
Five-year Census ZCTA estimates.
ZCTA caveat
Census area, not parcel boundary
USPS ZIP routes and taxing districts can differ inside the same area.
Field completeness
3/3 required fields
Median tax, home value, and derived rate are present.
MOE status
Strong ACS confidence
$122 tax MOE, 6% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County advisory available
Bonneville County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 83406
Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.
Assessed value
The ZCTA median home value is $350,500, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 0.54%, derived from median tax paid divided by median home value.
Exemptions
Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.
Reassessment
A purchase can change assessed value depending on Idaho and county rules. Ask how sale price affects the next assessment cycle.
Escrow impact
The median tax paid in this ZCTA equals about $157 per month before insurance, HOA dues, or special assessments.
Assessor verification
Bonneville County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 83406 Compares
Median Annual Property Tax
ZIP 83406
0.54%
Effective rate
Idaho Avg
0.50%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Idaho
Higher than 63% of ZIP codes in Idaho(63th percentile, 240 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 83406
Property owners in ZIP code 83406 (Idaho Falls, Idaho) pay a median of $1,881/year in property taxes on homes valued at $350,500. This translates to an effective tax rate of 0.54%, which is 7% above the Idaho state average of 0.50%.
The monthly property tax burden for a median-valued home in 83406 is approximately $157, which factors into escrow payments on mortgages. This ZIP code is located within Bonneville County. This is $273 more than the Idaho average of $1,608/year.
Compared to similar ZIP codes in Idaho, 83406 has higher property taxes. ZIP codes with similar effective rates include 83637 (0.54%) and 83263 (0.54%).
In Idaho Falls, property taxes represent approximately 2.1% of the median household income of $90,654, 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 — be prepared for your assessed value to reset to the purchase price immediately. Bonneville County offers a Homeowners' Exemption reducing assessed value by up to $100,000 for owner-occupied primary residences; apply with the Bonneville County Assessor within 90 days of closing. Contact the Bonneville County Assessor's office promptly after purchase to file the exemption application and prevent a missed deadline.
Frequently Asked Questions
What is the property tax rate in ZIP code 83406?
How much are property taxes in Idaho Falls, ID (83406)?
How does ZIP 83406 compare to the Idaho average?
What is the median home value in ZIP 83406?
What county is ZIP code 83406 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$122. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 83406 is part of Bonneville County, Idaho. View the full county profile for broader context and more data.
View Bonneville County on TaxByCounty →Explore Idaho Falls, ID
View all 4 ZIP codes in Idaho Falls with property tax comparisons.
View Idaho Falls Property Tax Rates →Why compare these ZIPs?
Better comparison set for ZIP 83406
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
83401
Idaho Falls, ID
0.01 percentage points lower than ZIP 83406.
Rate
0.53%
Tax
$1,618
Quality
96
83449
Swan Valley, ID
0.30 percentage points lower than ZIP 83406.
Rate
0.23%
Tax
$1,282
Quality
84
83428
Irwin, ID
0.28 percentage points lower than ZIP 83406.
Rate
0.26%
Tax
$1,409
Quality
78
83454
Ucon, ID
0.18 percentage points lower than ZIP 83406.
Rate
0.36%
Tax
$1,107
Quality
84
83427
Iona, ID
0.06 percentage points lower than ZIP 83406.
Rate
0.48%
Tax
$1,767
Quality
89
83340
Ketchum, ID
0.06 percentage points lower than ZIP 83406.
Rate
0.47%
Tax
$4,085
Quality
75
83353
Sun Valley, ID
$478,500 higher median home value than ZIP 83406.
Rate
0.63%
Tax
$5,239
Quality
67
83848
Nordman, ID
0.01 percentage points lower than ZIP 83406.
Rate
0.52%
Tax
$4,246
Quality
69
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.