83849 Property Tax Rate

Property owners in ZIP code 83849 (Osburn, Idaho) pay a median of $1,233/year in property taxes on homes valued at $192,200. This translates to an effective tax rate of 0.64%, which is 28% above the Idaho state average of 0.50%.

The monthly property tax burden for a median-valued home in 83849 is approximately $103, which factors into escrow payments on mortgages. This ZIP code is located within Shoshone County. This is $375 less than the Idaho average of $1,608/year.

Compared to similar ZIP codes in Idaho, 83849 has lower property taxes. ZIP codes with similar effective rates include 83537 (0.64%) and 83716 (0.64%).

In Osburn, property taxes represent approximately 2.5% of the median household income of $49,907, providing context for the relative tax burden on homeowners in this area.

Idaho reassesses all property at market value at the time of purchase, with no state-imposed limit on assessment increases for new owners. Shoshone County provides a Homeowner's Exemption of $100,000 off assessed value for owner-occupied primary residences — apply with the Shoshone County Assessor's office by the August tax levy deadline. File your exemption claim with the Shoshone County Assessor within 30 days of purchase to ensure the exemption appears on your first tax notice.