83830 Property Tax Rate

Property owners in ZIP code 83830 (Fernwood, Idaho) pay a median of $1,410/year in property taxes on homes valued at $227,700. This translates to an effective tax rate of 0.62%, which is 24% above the Idaho state average of 0.50%.

The monthly property tax burden for a median-valued home in 83830 is approximately $118, which factors into escrow payments on mortgages. This ZIP code is located within Benewah County.

Compared to similar ZIP codes in Idaho, 83830 has lower property taxes. ZIP codes with similar effective rates include 83647 (0.62%) and 83705 (0.62%).

In Fernwood, property taxes represent approximately 4.4% of the median household income of $32,378, providing context for the relative tax burden on homeowners in this area.

Idaho reassesses property to market value at sale, with no state-imposed cap on resulting assessment increases for new owners. Benewah County offers a Homeowner's Exemption of $100,000 off assessed value for primary residences — apply with the Benewah County Assessor's office by the August tax levy deadline. Submit your exemption application to the Benewah County Assessor within 30 days of closing to ensure the exemption applies to your first tax bill.