Pisgah, Iowa Property Taxes
The median property tax rate in Pisgah, IA is 1.69%, considerably higher than both the national median of 0.99% and the Iowa state median of 1.54%. With the median home value in Pisgah at $75,475, the typical annual property tax bill reaches $1,309, exceeding the national median of $2,690. Property taxes in Pisgah are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Pisgah's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Pisgah or another part of Harrison County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pisgah, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.69%
Estimate Property Tax Bill
$1,276
Ownwell’s Pisgah Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pisgah with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pisgah 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 Pisgah, Iowa
Property taxes in Pisgah, Iowa, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pisgah is 1.69%, significantly higher than both the Iowa state median and the U.S. national median of 0.99%. Local government entities within Pisgah set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pisgah 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 Pisgah's effective property tax rate to other counties in Iowa and the national median. For comparison, the highest median property tax rate in Harrison County is also 1.69%, while the lowest median tax rate is 1.69%. Understanding how these cities compare with Pisgah provides valuable insights into the varying tax landscape across Harrison County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pisgah Tax Rate
1.69%
Average Harrison County Tax Rate
1.29%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pisgah, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 51564 | 0.90% | 0.96% | 1.69% | 2.26% | 2.34% |
Source: Ownwell
Property Tax Assessment Values Across Pisgah, Iowa
In Pisgah, 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 Harrison 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. Assessment notices in Pisgah 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 example, the median home price in Pisgah is $75,475, with tax bills ranging from $696 at the 25th percentile to $2,945 at the 90th percentile. The zip code 51564 has the highest and lowest median tax bill, both at $1,309. 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 Pisgah Assessed Value
$75,475
Average Harrison County Assessed Value
$150,125
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pisgah, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 51564 | $18,644 | $38,002 | $75,475 | $171,830 | $276,268 |
Source: Ownwell
Property Tax Bills Across Pisgah, Iowa
In Pisgah, located in Harrison County, IA, property tax bills are calculated based on the assessed value of a home and the tax rate set by local authorities. The assessed value is determined by county assessors who evaluate the property's market value. Homeowners in Pisgah experience a range of tax bills, with the 25th percentile at $696 and the 75th percentile reaching $1,956. This variation indicates that factors such as property size, location, and improvements significantly influence the tax bill. The highest median tax bill in the area is $1,309, while the lowest median tax bill is also $1,309, both in the zip code 51564. Compared to the national median property tax rate of 0.99%, Pisgah's property tax rates can impact homeowners differently based on their property's assessed value. Understanding these factors helps homeowners anticipate their tax liabilities and plan their finances accordingly.
Average Pisgah Tax Bill
$1,309
Average Harrison County Tax Bill
$1,959
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Pisgah, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 51564 | $362 | $696 | $1,309 | $1,956 | $2,945 |
Source: Ownwell