83449 Property Tax Rate

Property owners in ZIP code 83449 (Swan Valley, Idaho) pay a median of $1,282/year in property taxes on homes valued at $550,600. This translates to an effective tax rate of 0.23%, which is 54% below the Idaho state average of 0.50%.

The monthly property tax burden for a median-valued home in 83449 is approximately $107, which factors into escrow payments on mortgages. This ZIP code is located within Bonneville County. This is $326 less than the Idaho average of $1,608/year.

Compared to similar ZIP codes in Idaho, 83449 has lower property taxes. ZIP codes with similar effective rates include 83464 (0.24%) and 83226 (0.23%).

In Swan Valley, property taxes represent approximately 1.6% of the median household income of $79,514, 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.