Callender, Iowa Property Taxes
The median property tax rate in Callender, IA is 1.43%, which is higher than both the national median of 0.99% and the Iowa state median of 1.54%. With the median home value in Callender, the typical annual property tax bill reaches $1,386, falling below the national median of $2,690. Property taxes in Callender 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 Callender'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 Callender or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Callender, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.43%
Estimate Property Tax Bill
$1,428
Ownwell’s Callender Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Callender with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Callender 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 Callender, Iowa
Property taxes in Callender, Iowa, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Callender is 1.43%, higher than both the Iowa state median and the U.S. national median of 0.99%. Local government entities within Callender set these rates annually, and they can vary significantly across different neighborhoods. Each year, Callender 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 Callender's effective property tax rate to other counties in Iowa and the national median. For comparison, the 50523 zip code has both the highest and lowest median property tax rate of 1.43%. Understanding how these areas compare with Callender provides valuable insights into the varying tax landscape across Webster County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Callender Tax Rate
1.43%
Average Webster County Tax Rate
1.86%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Callender, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50523 | 0.86% | 0.98% | 1.43% | 1.67% | 1.77% |
Source: Ownwell
Property Tax Assessment Values Across Callender, Iowa
In Callender, 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 Webster 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 Callender, 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. The median home price in Callender is $99,850, with tax bills ranging from $826 at the 25th percentile to $2,673 at the 90th percentile. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Callender helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Callender Assessed Value
$99,850
Average Webster County Assessed Value
$94,900
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Callender, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50523 | $38,730 | $59,660 | $99,850 | $163,560 | $222,940 |
Source: Ownwell
Property Tax Bills Across Callender, Iowa
In Callender, located in Webster County, IA, property tax bills are determined by a combination of the assessed value of your home and the local tax rate. The assessed value is an estimate of your property's market value as determined by the county assessor. Once the assessed value is established, the property tax rate is applied to calculate the annual tax bill. For homeowners in Callender, the median home price is $99,850. Tax bills can vary significantly, with the 25th percentile at $826 and the 75th percentile reaching $1,996. For the top 10% of property values, tax bills can be as high as $2,673. The highest and lowest median tax bills in the area are both $1,386, indicating a consistent rate across different properties within the same zip code. Compared to the national median property tax rate of 0.99%, Callender's tax rates reflect the local economic conditions and funding needs. This system ensures that homeowners contribute fairly based on their property’s market value, impacting their annual financial planning and overall cost of homeownership.
Average Callender Tax Bill
$1,386
Average Webster County Tax Bill
$1,626
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Callender, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50523 | $376 | $826 | $1,386 | $1,996 | $2,673 |
Source: Ownwell