83623 Property Tax Rate

Property owners in ZIP code 83623 (Glenns Ferry, Idaho) pay a median of $1,356/year in property taxes on homes valued at $191,900. This translates to an effective tax rate of 0.71%, which is 41% above the Idaho state average of 0.50%.

The monthly property tax burden for a median-valued home in 83623 is approximately $113, which factors into escrow payments on mortgages. This ZIP code is located within Elmore County. This is $252 less than the Idaho average of $1,608/year.

Compared to similar ZIP codes in Idaho, 83623 has lower property taxes. ZIP codes with similar effective rates include 83706 (0.71%) and 83328 (0.71%).

In Glenns Ferry, property taxes represent approximately 2.4% of the median household income of $56,111, providing context for the relative tax burden on homeowners in this area.

Idaho reassesses property to market value when purchased, with no state-imposed increase cap for new owners. Elmore County provides a Homeowner's Exemption of $100,000 off assessed value for owner-occupied primary residences — submit your exemption application to the Elmore County Assessor's office before the August tax levy deadline. File your exemption claim with the Elmore County Assessor within 30 days of closing to apply it to your first tax bill.