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How Much is Property Tax on a $700,000 Home in Idaho?
Property tax on a $700,000 home in Idaho typically ranges from $2,800 to $7,700 per year (roughly $233 to $642/month), depending on the county. Based on the statewide average effective rate of 0.69%, you can expect to pay around $4,830/year, or $403/month. Idaho property taxes are moderate; the state offers a homestead exemption that reduces the taxable value of a primary residence by 50% up to a capped amount.