Atalissa, Iowa Property Taxes
The median property tax rate in Atalissa, IA is 1.14%, which is notably higher than the national median of 0.99% but lower than Iowa's state median of 1.54%. With a median home value of $199,960, the typical annual property tax bill in Atalissa amounts to $2,279, which is below the national median of $2,690. Property taxes in Atalissa are calculated based on the assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Atalissa'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 Atalissa or another part of Cedar County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Atalissa, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$2,280
Ownwell’s Atalissa Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Atalissa with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Atalissa 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 Atalissa, Iowa
Property taxes in Atalissa, Iowa, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Atalissa is 1.14%, which is higher than both the Iowa state median and the U.S. national median of 0.99%. Local government entities within Atalissa set these rates annually, and they can vary significantly across different neighborhoods. Each year, Atalissa 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 Atalissa's effective property tax rate to other counties in Iowa and the national median. For comparison, the zip code 52720 has both the highest and lowest median property tax rate of 1.14%. Understanding how these cities compare with Atalissa provides valuable insights into the varying tax landscape across Cedar County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Atalissa Tax Rate
1.14%
Average Cedar County Tax Rate
1.28%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Atalissa, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52720 | 0.99% | 1.07% | 1.14% | 1.24% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Atalissa, Iowa
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Atalissa, Iowa. 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 Cedar 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 Atalissa, 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The median home price in Atalissa is $199,960, with tax bills ranging from $1,429 at the 25th percentile to $3,877 at the 90th percentile. The zip code 52720 has the highest and lowest median tax bill of $2,279. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Atalissa Assessed Value
$199,960
Average Cedar County Assessed Value
$186,910
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Atalissa, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52720 | $26,690 | $96,280 | $199,960 | $285,570 | $357,674 |
Source: Ownwell
Property Tax Bills Across Atalissa, Iowa
In Atalissa, property tax bills are calculated based on the assessed value of a home, which is determined by the Cedar County assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence this calculation, including the property's market value, any applicable exemptions, and the specific tax rate set by local authorities. For homeowners in Atalissa, the median home price is $199,960. Property tax bills in this area range significantly, with the 25th percentile paying around $1,429 and the 75th percentile paying approximately $3,318. Those in the 90th percentile see tax bills as high as $3,877. The highest and lowest median tax bills in the area both stand at $2,279, reflecting the uniformity in certain neighborhoods. Compared to the national median property tax rate of 0.99%, Atalissa's rates can vary, impacting homeowners differently based on their property's assessed value and location within Cedar County. This can significantly affect annual budgets and long-term financial planning for residents.
Average Atalissa Tax Bill
$2,279
Average Cedar County Tax Bill
$2,390
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Atalissa, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52720 | $254 | $1,429 | $2,279 | $3,318 | $3,877 |
Source: Ownwell