Cass County Property Taxes
The median property tax rate in Cass County is 1.47%, which is significantly higher than the national median of 0.99% but slightly lower than the Iowa state median of 1.54%. With the median home value in Cass County at $121,160, the typical annual property tax bill is $1,732, which is below the national median of $2,690. Property taxes in Cass County are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Cass County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether you live in Atlantic or another part of Cass County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cass County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.47%
Estimate Property Tax Bill
$1,781
Ownwell’s Cass County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Cass County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Cass 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 Cass County, Iowa
Property taxes in Cass County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Cass County is 1.47%, which is higher than the U.S. national median of 0.99%. Local government entities within Cass County set these rates annually, and they can vary significantly between different areas within the county. Each year, Cass 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 Cass County's effective property tax rate with other counties in Iowa and the national median. For comparison, the city of Atlantic has one of the higher property tax rates in Iowa at 1.58%, while the city of Brayton boasts one of the lowest at 0.94%. Analyzing how Cass County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Cass County Tax Rate
1.47%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cass County, Iowa
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Anita | 0.97% | 1.16% | 1.31% | 1.45% | 1.52% |
Atlantic | 1.14% | 1.41% | 1.58% | 1.73% | 1.91% |
Brayton | 0.88% | 0.89% | 0.94% | 1.04% | 1.04% |
Bridgewater | 1.15% | 1.22% | 1.25% | 1.35% | 1.47% |
Cumberland | 0.92% | 1.06% | 1.21% | 1.49% | 1.70% |
Elliott | 0.88% | 0.96% | 1.12% | 1.19% | 1.26% |
Griswold | 1.02% | 1.18% | 1.31% | 1.43% | 1.49% |
Lewis | 1.09% | 1.24% | 1.56% | 1.79% | 1.93% |
Marne | 1.03% | 1.16% | 1.37% | 1.59% | 1.68% |
Massena | 0.92% | 1.09% | 1.40% | 1.61% | 1.76% |
Villisca | 1.26% | 1.30% | 1.36% | 1.43% | 1.47% |
Walnut | 1.22% | 1.24% | 1.27% | 1.49% | 1.62% |
Wiota | 0.80% | 0.94% | 1.07% | 1.17% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Cass County, Iowa
In Cass 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 Cass 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 Cass 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 instance, the highest median tax bill in the county is in Villisca at $3,554, while Cumberland has the lowest at $1,373. Being aware of these valuation processes in Cass County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Cass County Assessed Value
$121,160
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cass County, Iowa
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Anita | $42,577 | $75,882 | $121,410 | $200,842 | $311,409 |
Atlantic | $42,720 | $73,865 | $123,060 | $201,510 | $315,004 |
Brayton | $125,972 | $128,420 | $212,510 | $247,890 | $260,070 |
Bridgewater | $72,142 | $107,900 | $137,030 | $259,720 | $379,570 |
Cumberland | $23,775 | $45,588 | $105,350 | $222,480 | $297,045 |
Elliott | $107,322 | $173,322 | $223,395 | $319,048 | $341,930 |
Griswold | $44,376 | $76,462 | $123,020 | $197,528 | $302,581 |
Lewis | $24,070 | $53,495 | $88,965 | $181,640 | $317,738 |
Marne | $29,125 | $57,365 | $92,630 | $191,915 | $277,963 |
Massena | $25,416 | $54,160 | $117,860 | $193,268 | $286,448 |
Villisca | $161,485 | $202,772 | $278,805 | $302,458 | $361,450 |
Walnut | $83,312 | $113,975 | $165,080 | $203,090 | $225,896 |
Wiota | $21,000 | $50,545 | $140,425 | $255,315 | $329,142 |
Source: Ownwell
Property Tax Bills Across Cass County, Iowa
Property tax bills in Cass 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 property. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. Several factors influence the tax bill, including property size, location, and improvements. For instance, the median home price in Cass County is $121,160. Homeowners in the 25th percentile of tax bills pay around $1,040, while those in the 75th percentile face bills of approximately $2,720. At the high end, the 90th percentile tax bill reaches up to $4,042. Comparatively, Villisca has the highest median tax bill in the county at $3,554, whereas Cumberland has the lowest at $1,373. These variations can significantly affect homeowners, impacting their annual budgets and long-term financial planning. Understanding these factors can help residents manage their property tax obligations more effectively.
Average Cass County Tax Bill
$1,732
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Cass County, Iowa
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Anita | $536 | $934 | $1,548 | $2,362 | $3,719 |
Atlantic | $712 | $1,196 | $1,889 | $2,932 | $4,405 |
Brayton | $1,117 | $1,128 | $2,214 | $2,520 | $2,564 |
Bridgewater | $1,078 | $1,446 | $1,684 | $3,188 | $4,408 |
Cumberland | $288 | $606 | $1,373 | $2,308 | $3,186 |
Elliott | $1,208 | $1,666 | $2,626 | $3,550 | $4,118 |
Griswold | $573 | $978 | $1,578 | $2,486 | $3,637 |
Lewis | $314 | $771 | $1,449 | $2,578 | $4,007 |
Marne | $338 | $734 | $1,400 | $2,368 | $3,271 |
Massena | $387 | $870 | $1,587 | $2,336 | $3,342 |
Villisca | $2,363 | $2,791 | $3,554 | $3,916 | $4,874 |
Walnut | $1,258 | $1,535 | $1,996 | $2,526 | $2,844 |
Wiota | $210 | $540 | $1,406 | $2,866 | $3,648 |
Source: Ownwell