What is Idaho’s homeowner’s property tax exemption?

Idaho provides a homeowner’s exemption that reduces the taxable assessed value of an owner-occupied primary residence, which lowers the property tax. You apply for it through your County Assessor’s office, and it applies to your primary home and a portion of the land it sits on. The exemption amount and qualifying rules are set by Idaho law and have changed over time, so the current figure is best confirmed directly with your County Assessor. Your escrow officer can point you to the right county contact.