83428 Property Tax Rate

Property owners in ZIP code 83428 (Irwin, Idaho) pay a median of $1,409/year in property taxes on homes valued at $540,400. This translates to an effective tax rate of 0.26%, which is 48% below the Idaho state average of 0.50%.

The monthly property tax burden for a median-valued home in 83428 is approximately $117, which factors into escrow payments on mortgages. This ZIP code is located within Bonneville County.

Compared to similar ZIP codes in Idaho, 83428 has lower property taxes. ZIP codes with similar effective rates include 83463 (0.27%) and 83549 (0.27%).

In Irwin, property taxes represent approximately 2.1% of the median household income of $67,188, 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.