83436 Property Tax Rate

Property owners in ZIP code 83436 (Newdale, Idaho) pay a median of $1,503/year in property taxes on homes valued at $287,500. This translates to an effective tax rate of 0.52%, which is 4% above the Idaho state average of 0.50%.

The monthly property tax burden for a median-valued home in 83436 is approximately $125, which factors into escrow payments on mortgages. This ZIP code is located within Madison County.

Compared to similar ZIP codes in Idaho, 83436 has lower property taxes. ZIP codes with similar effective rates include 83848 (0.52%) and 83646 (0.52%).

In Newdale, property taxes represent approximately 2.1% of the median household income of $70,781, 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 — your assessed value will reflect the purchase price at closing. Madison County provides a Homeowners' Exemption of up to $100,000 off assessed value for primary residences; apply with the Madison County Assessor within 90 days of purchase to claim this protection. Contact the Madison County Assessor promptly after closing to obtain and file the exemption application.