Property Tax Rate in Meridian Idaho
Property taxes in Meridian, Idaho are assessed at a rate of $1.75 per $1,000 of assessed value. This rate is comprised of two components: the county rate of $1.10 and the city rate of $0.65.
The assessed value of a property is determined by the Meridian Assessor’s Office. This office is responsible for determining the value of all residential, commercial, and industrial properties in the city. They use a combination of review of recent sales in the area, appraisal of the property, and other factors to determine the assessed value.
Taxes are generally due each year on November 15th. If the taxes are not paid by this date, a late fee of 10% is assessed. If you are unable to pay your taxes by the due date, you can contact the City of Meridian Tax Department at https://www.meridiancity.org/departments/finance/tax_department/index.php to discuss payment options.
The City of Meridian also offers a tax deferral program for senior citizens and disabled veterans. This program allows these individuals to defer their property taxes until the property is sold or transferred. For more information on this program, please visit the City of Meridian’s website at https://www.meridiancity.org/departments/finance/tax_department/deferral_program.php.
If you have any questions about the property tax rate in Meridian, Idaho, or any other questions related to taxes, please contact the City of Meridian Tax Department at https://www.meridiancity.org/departments/finance/tax_department/index.php. They are happy to answer any questions you may have.