83864 Property Tax Rate

Property owners in ZIP code 83864 (Sandpoint, Idaho) pay a median of $1,990/year in property taxes on homes valued at $474,100. This translates to an effective tax rate of 0.42%, which is 16% below the Idaho state average of 0.50%.

The monthly property tax burden for a median-valued home in 83864 is approximately $166, which factors into escrow payments on mortgages. This ZIP code is located within Bonner County. This is $382 more than the Idaho average of $1,608/year.

Compared to similar ZIP codes in Idaho, 83864 has lower property taxes. ZIP codes with similar effective rates include 83860 (0.42%) and 83632 (0.42%).

In Sandpoint, property taxes represent approximately 2.9% of the median household income of $68,595, providing context for the relative tax burden on homeowners in this area.

Idaho reassesses property at market value upon sale with no state cap on resulting assessment increases for new owners. Bonner County offers a Homeowner's Exemption of $100,000 off assessed value for primary residences — file your exemption application with the Bonner County Assessor's office by the August tax levy deadline. Contact the Bonner County Assessor immediately after closing to confirm exemption filing and verify your assessment is correct.