Is any tax relief available to homeowners?

Yes. If you are a homeowner, you can apply for an exemption on the value of your owner-occupied primary residence, including a manufactured home. The exemption applies to fifty % (50%) of the value of the residence (including up to one acre of land) or $100,000, whichever is less. Taxes are computed on the nonexempt value. You may also receive the homeowner’s exemption on your home (not land) if you are paying occupancy taxes.

Applications are available from your county assessor’s office. When an application is approved, the exemption is continuous as long as you own and occupy the property. If the property is sold, the new owner must file a new application. There are no income or age restrictions, but you can qualify for an exemption on only one home at a time. You must own and occupy your home before April 15 of the current year and must apply for the exemption by April 15. You may also qualify for a property tax reduction (PTR-aka circuit breaker) if you meet the income requirements and fit one of the following categories:

  • Age 65 or older
  • Widow(er)
  • Blind
  • Former POW
  • Fatherless or Motherless Minor
  • Qualifying Disabled Persons
  • Income Requirement $29,640

Applications are available from your county assessor’s office and must be filed each year between January 1 and April 15. For more property tax information, please refer to the Idaho State Tax Commission.

Show All Answers

1. How is property assessed?
2. What is market value?
3. How often are property values adjusted?
4. How can my property be assessed on improvements when I haven’t made any?
5. What makes property real or personal?
6. How do I know what value the assessor has estimated for my property?
7. How is my property tax determined?
8. What if I disagree with the value the assessor estimated for my property?
9. When will I get my property tax bill?
10. How can my taxes go up if my property’s taxable value does not increase?
11. Are there limits on property tax increases?
12. Why do I pay higher taxes than my neighbor?
13. Is any tax relief available to homeowners?
14. What is an occupancy tax?
15. What if I can’t afford to pay my taxes?
16. When must property taxes be paid?
17. What happens if my taxes aren’t paid on time?
18. How can I get more information about my property taxes?