83425 Property Tax Rate

Property owners in ZIP code 83425 (Hamer, Idaho) pay a median of $923/year in property taxes on homes valued at $222,400. This translates to an effective tax rate of 0.41%, which is 17% below the Idaho state average of 0.50%.

The monthly property tax burden for a median-valued home in 83425 is approximately $77, which factors into escrow payments on mortgages. This ZIP code is located within Jefferson County. This is $685 less than the Idaho average of $1,608/year.

Compared to similar ZIP codes in Idaho, 83425 has higher property taxes. ZIP codes with similar effective rates include 83218 (0.42%) and 83522 (0.41%).

In Hamer, property taxes represent approximately 1.3% of the median household income of $70,000, 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 the assessed value to reset to the purchase price once the deed is recorded. Jefferson County offers a Homeowners' Exemption reducing assessed value by up to $100,000 for owner-occupied primary residences; apply with the Jefferson County Assessor within 90 days of closing. File the exemption application with the Jefferson County Assessor immediately upon receiving your Notice of Assessment.