Cherokee County Property Taxes
The median property tax rate in Cherokee County is 1.11%, which is higher than the national median of 0.99% but lower than the Iowa state median of 1.54%. With the median home value in Cherokee County at $121,460, the typical annual property tax bill is $1,348, which is below the national median of $2,690. Property taxes in Cherokee County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Cherokee County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Cherokee or another part of Cherokee County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cherokee County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$1,348
Ownwell’s Cherokee County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Cherokee County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Cherokee 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 Cherokee County, Iowa
Property taxes in Cherokee County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Cherokee County is 1.11%, which is higher than the U.S. national median of 0.99%. Local government entities within Cherokee County set these rates annually, and they can vary significantly between different areas within the county. Each year, Cherokee 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 Cherokee County's effective property tax rate with other counties in Iowa and the national median. For comparison, the city of Cherokee has one of the higher property tax rates in Iowa at 1.27%, while the city of Peterson boasts one of the lowest at 0.81%. Analyzing how Cherokee County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Cherokee County Tax Rate
1.11%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cherokee County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alta | 0.83% | 0.87% | 0.92% | 0.98% | 1.01% |
| Aurelia | 0.72% | 0.83% | 0.94% | 1.02% | 1.10% |
| Cherokee | 0.82% | 1.00% | 1.27% | 1.38% | 1.48% |
| Cleghorn | 0.82% | 0.90% | 1.03% | 1.15% | 1.27% |
| Galva | 0.78% | 0.83% | 0.98% | 1.06% | 1.12% |
| Granville | 0.84% | 0.84% | 0.84% | 0.84% | 0.84% |
| Holstein | 0.69% | 0.79% | 0.89% | 1.01% | 1.12% |
| Larrabee | 0.78% | 0.84% | 0.94% | 1.10% | 1.24% |
| Marcus | 0.84% | 0.94% | 1.04% | 1.17% | 1.24% |
| Meriden | 0.81% | 0.88% | 1.09% | 1.21% | 1.36% |
| Paullina | 0.78% | 0.85% | 0.98% | 1.22% | 1.36% |
| Peterson | 0.67% | 0.74% | 0.81% | 0.84% | 0.97% |
| Pierson | 0.74% | 0.79% | 0.88% | 1.13% | 1.27% |
| Quimby | 0.75% | 0.83% | 1.06% | 1.19% | 1.35% |
| Remsen | 0.84% | 0.85% | 1.04% | 1.30% | 1.43% |
| Sutherland | 0.73% | 0.76% | 0.87% | 1.00% | 1.11% |
| Washta | 0.72% | 0.84% | 0.99% | 1.20% | 1.29% |
Source: Ownwell
Property Tax Assessment Values Across Cherokee County, Iowa
In Cherokee County, understanding the distinction between "market value" and "assessed value" is essential for comprehending property taxes. Market value reflects the price a willing buyer would pay to a willing seller in an open, competitive market, considering factors like location, property condition, and economic trends. For tax purposes, this value is estimated by the Cherokee County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. This 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 Cherokee 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. Notably, Granville has the highest median tax bill at $5,042, while Washta has the lowest at $664. Being aware of these valuation processes in Cherokee County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Cherokee County Assessed Value
$121,460
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cherokee County, Iowa
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alta | $50,254 | $68,020 | $97,630 | $127,240 | $145,006 |
| Aurelia | $51,484 | $87,860 | $140,170 | $199,720 | $276,384 |
| Cherokee | $37,280 | $69,910 | $115,130 | $184,285 | $293,158 |
| Cleghorn | $45,360 | $84,785 | $139,860 | $222,840 | $300,982 |
| Galva | $150,740 | $185,108 | $243,465 | $300,975 | $472,575 |
| Granville | $600,800 | $600,800 | $600,800 | $600,800 | $600,800 |
| Holstein | $101,484 | $139,870 | $218,050 | $285,520 | $334,338 |
| Larrabee | $16,219 | $30,942 | $69,960 | $174,705 | $301,331 |
| Marcus | $48,315 | $88,732 | $148,115 | $223,365 | $317,705 |
| Meriden | $37,670 | $75,970 | $131,260 | $200,870 | $277,820 |
| Paullina | $68,875 | $121,385 | $160,645 | $184,242 | $220,225 |
| Peterson | $107,766 | $146,630 | $220,470 | $274,570 | $438,552 |
| Pierson | $97,290 | $140,050 | $197,900 | $288,010 | $330,700 |
| Quimby | $8,444 | $36,970 | $81,690 | $144,860 | $227,806 |
| Remsen | $118,617 | $164,062 | $248,825 | $317,385 | $333,666 |
| Sutherland | $124,020 | $144,510 | $164,150 | $202,150 | $344,458 |
| Washta | $9,716 | $29,415 | $64,470 | $135,600 | $237,182 |
Source: Ownwell
Property Tax Bills Across Cherokee County, Iowa
In Cherokee County, IA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in this area is $121,460. Homeowners' tax bills are influenced by various factors, including the property's assessed value, local tax rates, and any applicable exemptions. The assessed value is multiplied by the local tax rate to determine the annual tax bill. For example, the tax bill for homes in the 25th percentile is around $788, while those in the 75th percentile face a bill of approximately $2050. At the 90th percentile, homeowners may see tax bills as high as $2968. These figures are significantly lower compared to the national median property tax rate of 0.99%. The highest median tax bill in Cherokee County is $5042 in Granville, whereas the lowest is $664 in Washta. Understanding these factors can help homeowners better anticipate their property tax obligations and plan accordingly.
Average Cherokee County Tax Bill
$1,348
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Cherokee County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alta | $443 | $638 | $965 | $1,292 | $1,487 |
| Aurelia | $460 | $811 | $1,302 | $1,816 | $2,390 |
| Cherokee | $472 | $870 | $1,396 | $2,145 | $3,076 |
| Cleghorn | $494 | $892 | $1,472 | $2,255 | $2,922 |
| Galva | $1,326 | $1,985 | $2,358 | $2,870 | $4,302 |
| Granville | $5,042 | $5,042 | $5,042 | $5,042 | $5,042 |
| Holstein | $894 | $1,096 | $1,812 | $2,416 | $3,298 |
| Larrabee | $165 | $322 | $760 | $1,672 | $2,884 |
| Marcus | $503 | $879 | $1,474 | $2,303 | $3,314 |
| Meriden | $399 | $849 | $1,399 | $1,993 | $2,600 |
| Paullina | $773 | $1,128 | $1,611 | $1,824 | $1,962 |
| Peterson | $953 | $1,080 | $1,680 | $2,228 | $3,609 |
| Pierson | $992 | $1,264 | $1,752 | $2,456 | $2,978 |
| Quimby | $106 | $422 | $894 | $1,472 | $2,251 |
| Remsen | $1,631 | $2,072 | $2,490 | $2,707 | $2,784 |
| Sutherland | $947 | $1,208 | $1,550 | $1,964 | $2,848 |
| Washta | $110 | $291 | $664 | $1,375 | $2,146 |
Source: Ownwell