Chickasaw County Property Taxes
The median property tax rate in Chickasaw County is 1.19%, which is higher than the national median of 0.99% but lower than the Iowa state median of 1.54%. With a median home value of $150,300, the typical annual property tax bill in Chickasaw County is $1,710, falling below the national median of $2,690. Property taxes here are based on the tax assessed value, which often remains below the actual market value due to various property tax exemptions such as those for primary residences and agricultural properties. Understanding Chickasaw County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in New Hampton or another part of Chickasaw County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Chickasaw County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$1,789
Ownwell’s Chickasaw County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Chickasaw County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Chickasaw County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Chickasaw County, Iowa
Property taxes in Chickasaw County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Chickasaw County is 1.19%, which is higher than the U.S. national median of 0.99%. Local government entities within Chickasaw County set these rates annually, and they can vary significantly between different areas within the county. Each year, Chickasaw County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Chickasaw County's effective property tax rate with other counties and the national median. For comparison, the city of North Washington has one of the higher property tax rates in Iowa at 1.47%, while the city of Calmar boasts one of the lowest at 0.82%. Analyzing how Chickasaw County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Chickasaw County Tax Rate
1.19%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Chickasaw County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alta Vista | 0.88% | 1.00% | 1.17% | 1.32% | 1.40% |
| Calmar | 0.82% | 0.82% | 0.82% | 0.82% | 0.82% |
| Charles City | 0.90% | 1.02% | 1.13% | 1.24% | 1.33% |
| Fort Atkinson | 0.95% | 0.96% | 1.08% | 1.20% | 1.24% |
| Fredericksburg | 0.96% | 1.04% | 1.15% | 1.29% | 1.40% |
| Ionia | 0.83% | 0.97% | 1.09% | 1.21% | 1.34% |
| Lawler | 0.93% | 1.03% | 1.13% | 1.25% | 1.38% |
| Nashua | 0.90% | 1.11% | 1.37% | 1.52% | 1.69% |
| New Hampton | 0.89% | 1.06% | 1.20% | 1.30% | 1.43% |
| North Washington | 1.47% | 1.47% | 1.47% | 1.47% | 1.47% |
| Protivin | 0.96% | 0.97% | 0.98% | 0.99% | 1.03% |
| Sumner | 1.05% | 1.09% | 1.19% | 1.34% | 1.42% |
| Waucoma | 0.91% | 0.97% | 1.09% | 1.19% | 1.31% |
Source: Ownwell
Property Tax Assessment Values Across Chickasaw County, Iowa
In Chickasaw County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Chickasaw County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Chickasaw County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For example, Fort Atkinson has the highest median tax bill at $3,824, while North Washington has the lowest at $190. Being aware of these valuation processes in Chickasaw County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Chickasaw County Assessed Value
$150,300
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Chickasaw County, Iowa
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alta Vista | $21,600 | $52,300 | $95,100 | $226,400 | $394,800 |
| Calmar | $142,700 | $142,700 | $142,700 | $142,700 | $142,700 |
| Charles City | $40,300 | $142,150 | $261,900 | $334,025 | $397,310 |
| Fort Atkinson | $167,500 | $212,550 | $349,400 | $410,425 | $423,450 |
| Fredericksburg | $39,700 | $84,300 | $133,700 | $199,300 | $290,940 |
| Ionia | $35,680 | $74,975 | $151,950 | $258,750 | $395,800 |
| Lawler | $25,500 | $80,900 | $144,000 | $242,400 | $359,000 |
| Nashua | $32,500 | $73,600 | $125,000 | $200,925 | $292,450 |
| New Hampton | $60,820 | $109,900 | $167,800 | $237,350 | $327,140 |
| North Washington | $12,900 | $12,900 | $12,900 | $12,900 | $12,900 |
| Protivin | $259,600 | $269,775 | $279,500 | $371,425 | $419,100 |
| Sumner | $79,680 | $117,600 | $208,200 | $292,800 | $402,840 |
| Waucoma | $102,600 | $146,525 | $213,150 | $283,025 | $368,350 |
Source: Ownwell
Property Tax Bills Across Chickasaw County, Iowa
In Chickasaw County, IA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Several factors influence this assessed value, including the property's market value, location, and any applicable exemptions or deductions. For homeowners, understanding these calculations is crucial as property taxes can significantly impact annual expenses. In Chickasaw County, the median home price is $150,300, and tax bills vary widely. For example, the 25th percentile tax bill is $1,059, while the 75th percentile reaches $2,647. At the 90th percentile, homeowners might pay up to $4,012. The highest median tax bill in the county is found in Fort Atkinson at $3,824, contrasting sharply with North Washington's lowest median tax bill of $190. These variations highlight the importance of location and property value in determining tax obligations.
Average Chickasaw County Tax Bill
$1,710
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Chickasaw County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alta Vista | $409 | $683 | $1,134 | $2,228 | $4,653 |
| Calmar | $1,176 | $1,176 | $1,176 | $1,176 | $1,176 |
| Charles City | $405 | $1,524 | $2,865 | $4,034 | $4,935 |
| Fort Atkinson | $1,584 | $2,044 | $3,824 | $4,940 | $5,266 |
| Fredericksburg | $522 | $932 | $1,475 | $2,341 | $3,630 |
| Ionia | $374 | $798 | $1,508 | $2,656 | $4,628 |
| Lawler | $471 | $985 | $1,561 | $2,788 | $4,249 |
| Nashua | $468 | $1,014 | $1,609 | $2,574 | $3,735 |
| New Hampton | $725 | $1,254 | $1,912 | $2,662 | $3,961 |
| North Washington | $190 | $190 | $190 | $190 | $190 |
| Protivin | $2,627 | $2,658 | $2,713 | $3,589 | $4,098 |
| Sumner | $995 | $1,284 | $2,360 | $3,524 | $5,526 |
| Waucoma | $1,217 | $1,550 | $2,258 | $3,152 | $4,465 |
Source: Ownwell