Homeowners & Property Tax
Idaho has a homeowner's exemption equal to the lesser of 50% of the assessed value or $100,000 for owner-occupied homes and manufactured homes that are primary dwellings. The exemption applies to your home and up to one acre of land.
If you don't agree that your assessed value (before subtracting the homeowner's exemption) reflects the market value of your property on Jan. 1, you can file an appeal with your county commissioners by the 4th Monday in June.
If you just have questions about how your value was developed, please call your county assessor before that date.
Value changes don't equal tax changes. Since taxes are based on part of the budgets of taxing districts, those districts can budget the same amount from property tax from one year to the next, but when property values go up, the levy rate goes down automatically to compensate. If one property's value increases more than others, its taxes go up faster than others. For most taxing districts, budgets are set in August or early September. Values used to set rates aren't final until early September, so final property tax amounts aren't certain until then.
Resources for homeowners
- Property Tax for Homeowners Brochure
- Information on the property tax reduction ("circuit breaker") program
- Information on property tax deferral
- Property tax estimator
History of maximum homeowner's exemption
| Years | Maximum |
|---|---|
| 1980-1982 | $10,000 |
| 1983-2005 | $50,000 |
| 2006 | $75,000 |
| 2007 | $89,325 |
| 2008 | $100,938 |
| 2009 | $104,471 |
| 2010 | $101,153 |
| 2011 | $92,040 |
| 2012 | $83,974 |
| 2013 | $81,000 |
| 2014 | $83,920 |
| 2015 | $89,580 |
| 2016 | $94,745 |
| 2017 | $100,000 |
