83805 Property Tax Rate

Property owners in ZIP code 83805 (Bonners Ferry, Idaho) pay a median of $1,377/year in property taxes on homes valued at $345,200. This translates to an effective tax rate of 0.40%, which is 20% below the Idaho state average of 0.50%.

The monthly property tax burden for a median-valued home in 83805 is approximately $115, which factors into escrow payments on mortgages. This ZIP code is located within Boundary County. This is $231 less than the Idaho average of $1,608/year.

Compared to similar ZIP codes in Idaho, 83805 has lower property taxes. ZIP codes with similar effective rates include 83286 (0.40%) and 83825 (0.40%).

In Bonners Ferry, property taxes represent approximately 2.2% of the median household income of $63,281, providing context for the relative tax burden on homeowners in this area.

Idaho reassesses purchased property at fair market value with no statewide cap on assessment increases for buyers. Boundary County provides a Homeowner's Exemption of $100,000 against assessed value for owner-occupied primary residences — submit your exemption application to the Boundary County Assessor's office by the August levy deadline. File your exemption claim with the Boundary County Assessor within 30 days of purchase to apply it to your property tax bill.