83631 Property Tax Rate

Property owners in ZIP code 83631 (Idaho City, Idaho) pay a median of $1,270/year in property taxes on homes valued at $373,500. This translates to an effective tax rate of 0.34%, which is 32% below the Idaho state average of 0.50%.

The monthly property tax burden for a median-valued home in 83631 is approximately $106, which factors into escrow payments on mortgages. This ZIP code is located within Boise County. This is $338 less than the Idaho average of $1,608/year.

Compared to similar ZIP codes in Idaho, 83631 has lower property taxes. ZIP codes with similar effective rates include 83804 (0.34%) and 83287 (0.34%).

In Idaho City, property taxes represent approximately 1.6% of the median household income of $80,968, providing context for the relative tax burden on homeowners in this area.

Idaho reassesses all real property at market value upon sale, with no statewide cap on the new owner's assessment. Boise County offers a Homeowner's Exemption of $100,000 off assessed value for primary residences — file your application with the Boise County Assessor's office by the August levy deadline. Contact the Boise County Assessor's office within 30 days of purchase to verify filing of your homeowner exemption and confirm your base-year assessment.