Smelterville — Financial Data

670 Population FY 2023

Tax Snapshot (Beta)

Beta: source-backed tax context only. This is not a personalized tax-burden estimate.

Current source-backed tax context for Idaho and Smelterville.

Component	Summary	Effective	Coverage	Sources
ID state individual income tax	Idaho starts from federal adjusted gross income on Form 1040 line 11 and grants no standard deduction or personal exemption of its own: Form 40 line 16 prints the FEDERAL standard deduction on the state form's own face, so this estimate cites IRS sources alongside Idaho's. Its tax line is a five-line worksheet rather than a rate table — it subtracts a filing-status exempt amount of $4,673 single or married filing separately and $9,346 married filing jointly, head of household or qualifying surviving spouse for tax year 2024 ($4,811 and $9,622 for 2025), then applies one flat rate of 5.695% (2024) or 5.3% (2025) to what remains, rounded to whole dollars. Idaho Code § 63-3024(2)(b) settles the filing-status question by statute rather than by inference: a head of household and a qualifying surviving spouse are treated as joint returns, and married filing separately takes the single amount. Every filing household also owes the flat $10 permanent building fund tax (Idaho Code § 57-1110, Form 40 line 31), which this estimate adds and — like the real form — waives when gross income falls below the filing requirement for the household's own filing status. Because the form charges it after the nonrefundable credits settle, the child tax credit is never applied against it here either. Idaho grants a $205 nonrefundable child tax credit for each qualifying child aged 16 or under and a grocery credit of $120 (2024) or $155 (2025) for each person in the household including dependents, both applied here. The disclosures are headed by the conditions the federal base assumes: no itemizing, no qualified tips, no qualified overtime, no qualifying vehicle-loan interest, and nobody 65 or over, since age also gates Idaho's larger deduction. Each of those, if untrue, means the estimate OVERSTATES Idaho tax rather than understating it. No Idaho county, city or school district levies an income, payroll or occupational tax: the state constitution bars the legislature from imposing a tax for a municipality while letting it vest local taxing power (Art. VII § 6), and the single grant of local-option non-property taxing power reaches only resort cities of 10,000 or fewer acting by 60% voter approval (Idaho Code §§ 50-1043 to 50-1046), whose § 50-1046 enumeration is exhaustive — an occupancy tax on sleeping accommodations, a tax on liquor by the drink, wine and beer, and a sales tax on chapter 36 sales — and contains no income tax.	Tax years 2024 and 2025.	Source verified	Idaho State Tax Commission 2025 Individual Income Tax Instructions (the Form 40 line 20 tax worksheet, the whole-dollar rounding rule, the grocery and child tax credits); Idaho State Tax Commission 2024 Individual Income Tax Instructions; Idaho State Tax Commission 2025 Form 40 (federal AGI base; the federal standard deduction printed on the state form; the $10 permanent building fund tax on line 31); Idaho Code section 63-3024 (the flat rate and exempt amounts; subsection (2)(b) treating head of household and qualifying surviving spouse as joint returns); Idaho Code section 50-1046 (the exhaustive enumeration of what a resort city may levy, which contains no income tax); Idaho individual income tax rate schedule
ID sales and use tax (base)	Idaho state sales and use tax rates are 6%.	Current Idaho Tax Commission guidance (as accessed April 18, 2026).	Rate missing	Idaho sales and use taxes basics guide
ID property tax policy (county-administered with state oversight)	Idaho counties levy and collect property tax for local services, while the state oversees compliance and values certain operating property.	Current Idaho Tax Commission guidance (as accessed April 18, 2026).	Needs review	Idaho understanding property taxes
ACS owner-occupied median property tax Best current homeowner-bill proxy for this Census geography; reported bills can include state, county, municipal, and applicable local real-estate tax layers.	$720 ACS median real-estate taxes paid by owner-occupied housing units.	ACS2023	Source observation available	Smelterville Census ACS 5-Year Estimates 2023

Community Profile

Census Bureau ACS 5-year estimates

19.9% Poverty Rate 2023

0.0% Bachelor's+ Rate 2023

5.1% Unemployment Rate 2023

79.2% Homeownership Rate 2023

Median Household Income

$46,597 (2023)

2010 2023

Per Capita Income

$24,790 (2023)

2010 2023

Median Home Value

$117,600 (2023)

2010 2023

Median Gross Rent

$825 (2023)

2010 2023

Median Age

49.2 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.4 (2023)

2010 2023

Financial Documents (13)

Year	Title	Type
2023	Smelterville Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2022	Smelterville Census ACS 5-Year Estimates 2022	US_CENSUS_ACS5
2021	Smelterville Census ACS 5-Year Estimates 2021	US_CENSUS_ACS5
2019	Smelterville Census ACS 5-Year Estimates 2019	US_CENSUS_ACS5
2018	Smelterville Census ACS 5-Year Estimates 2018	US_CENSUS_ACS5

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None

School Details

Not applicable for this entity type.

Geographic Relationships

This entity is within

Wholly within: Idaho
Wholly within: Shoshone County