Urbandale, Iowa Property Taxes
The median property tax rate in Urbandale, IA is 1.58%, which is notably higher than both the national median of 0.99% and the Iowa state median of 1.54%. With a median home value of $415,885 in Urbandale, the typical annual property tax bill reaches $6,352, significantly surpassing the national median of $2,690. Property taxes in Urbandale are calculated based on the assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Urbandale's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Urbandale or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Urbandale, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.58%
Estimate Property Tax Bill
$6,571
Ownwell’s Urbandale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Urbandale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Urbandale to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Urbandale, Iowa
Property taxes in Urbandale, Iowa, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Urbandale is 1.58%, higher than both the Iowa state median and the U.S. national median of 0.99%. Local government entities within Urbandale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Urbandale estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Urbandale's effective property tax rate to other counties in Iowa and the national median. For comparison, the 50323 zip code has the highest median property tax rate of 1.58%, while the same zip code also has the lowest median tax rate of 1.58%. Understanding how these cities compare with Urbandale provides valuable insights into the varying tax landscape across Dallas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Urbandale Tax Rate
1.58%
Average Dallas County Tax Rate
1.62%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Urbandale, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50323 | 1.46% | 1.55% | 1.58% | 1.61% | 1.68% |
Source: Ownwell
Property Tax Assessment Values Across Urbandale, Iowa
In Urbandale, Iowa, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Dallas County Assessor for tax purposes. In contrast, the assessed value 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. In Urbandale, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For instance, the median home price in Urbandale is $415,885, with tax bills ranging from $3,685 at the 25th percentile to $10,942 at the 90th percentile. The highest and lowest median tax bills, both $6,405, are found in the 50323 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Urbandale Assessed Value
$415,885
Average Dallas County Assessed Value
$264,500
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Urbandale, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50323 | $124,650 | $300,705 | $419,090 | $553,015 | $706,130 |
Source: Ownwell
Property Tax Bills Across Urbandale, Iowa
Property tax bills in Urbandale, located in Dallas County, IA, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the home. Homeowners in Urbandale can expect property tax bills that vary significantly based on their property's value. For instance, the 25th percentile tax bill stands at $3,685, while the 75th percentile reaches $8,497, and the 90th percentile climbs to $10,942. Factors influencing the tax bill include the property's assessed value, local levy rates, and any applicable exemptions or deductions. These taxes fund essential services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Urbandale's tax landscape can be considered moderate to high, impacting homeowners' annual expenses and overall cost of living. The highest median tax bill in the city is $6,405, found in the 50323 zip code, illustrating the variation within different areas of Urbandale.
Average Urbandale Tax Bill
$6,352
Average Dallas County Tax Bill
$3,638
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Urbandale, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50323 | $18 | $4,110 | $6,405 | $8,556 | $10,973 |
Source: Ownwell