Clayton County Property Taxes
The median property tax rate in Clayton County is 1.34%, which is higher than the national median of 0.99% but lower than the Iowa state median of 1.54%. With a median home value of $133,780 in Clayton County, the typical annual property tax bill amounts to $1,792, which is below the national median of $2,690. Property taxes in Clayton County are calculated based on the tax assessed value, which is often less than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Clayton 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 Elkader or another part of Clayton County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Clayton County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.34%
Estimate Property Tax Bill
$1,793
Ownwell’s Clayton County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Clayton County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Clayton 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 Clayton County, Iowa
Property taxes in Clayton County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Clayton County is 1.34%, which is higher than both the Iowa state median and the U.S. national median of 0.99%. Local government entities within Clayton County set these rates annually, and they can vary significantly between different areas within the county. Each year, Clayton 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 Clayton County's effective property tax rate with other counties in Iowa and the national median. For comparison, the city of Elkader has one of the higher property tax rates in Iowa at 1.62%, while the city of North Buena Vista boasts one of the lowest at 1.00%. Analyzing how Clayton County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Clayton County Tax Rate
1.34%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clayton County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arlington | 1.07% | 1.11% | 1.19% | 1.44% | 1.46% |
| Clayton | 1.01% | 1.09% | 1.16% | 1.20% | 1.24% |
| Clermont | 1.23% | 1.27% | 1.29% | 1.34% | 1.43% |
| Colesburg | 0.92% | 0.99% | 1.08% | 1.17% | 1.31% |
| Edgewood | 1.07% | 1.13% | 1.26% | 1.51% | 1.68% |
| Elgin | 0.83% | 0.97% | 1.07% | 1.17% | 1.35% |
| Elkader | 1.04% | 1.11% | 1.62% | 1.97% | 2.11% |
| Elkport | 1.01% | 1.10% | 1.16% | 1.34% | 1.43% |
| Farmersburg | 1.06% | 1.17% | 1.43% | 1.61% | 1.78% |
| Garber | 0.98% | 1.11% | 1.20% | 1.35% | 1.48% |
| Garnavillo | 0.99% | 1.04% | 1.22% | 1.47% | 1.59% |
| Greeley | 0.82% | 1.08% | 1.16% | 1.48% | 1.59% |
| Guttenberg | 1.00% | 1.08% | 1.38% | 1.58% | 1.64% |
| Holy Cross | 0.86% | 0.95% | 1.02% | 1.09% | 1.21% |
| Littleport | 1.50% | 1.50% | 1.50% | 1.50% | 1.50% |
| Luana | 1.04% | 1.13% | 1.28% | 1.40% | 1.51% |
| Marquette | 1.13% | 1.23% | 1.32% | 1.38% | 1.42% |
| Mc Gregor | 1.09% | 1.17% | 1.41% | 1.66% | 1.75% |
| Monona | 1.11% | 1.35% | 1.55% | 1.67% | 1.74% |
| North Buena Vista | 0.83% | 0.93% | 1.00% | 1.04% | 1.05% |
| Postville | 1.05% | 1.13% | 1.47% | 1.65% | 1.80% |
| Saint Olaf | 1.00% | 1.09% | 1.28% | 1.54% | 1.80% |
| Sherrill | 0.72% | 0.95% | 1.03% | 1.10% | 1.14% |
| Strawberry Point | 0.95% | 1.06% | 1.41% | 1.58% | 1.67% |
| Volga | 1.04% | 1.17% | 1.49% | 1.76% | 1.86% |
| Wadena | 0.72% | 1.02% | 1.25% | 1.45% | 1.46% |
Source: Ownwell
Property Tax Assessment Values Across Clayton County, Iowa
In Clayton 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 Clayton 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 Clayton 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 example, Clayton County's median home price is $133,780, with annual tax bills ranging from $1,108 at the 25th percentile to $3,897 at the 90th percentile. Clermont has the highest median tax bill at $4,620, while North Buena Vista has the lowest at $554. Being aware of these valuation processes in Clayton County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Clayton County Assessed Value
$133,780
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clayton County, Iowa
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arlington | $66,497 | $112,011 | $120,897 | $196,552 | $280,100 |
| Clayton | $68,093 | $97,950 | $164,404 | $247,152 | $296,343 |
| Clermont | $200,924 | $257,472 | $338,334 | $407,542 | $443,109 |
| Colesburg | $42,068 | $93,029 | $148,124 | $217,020 | $274,168 |
| Edgewood | $29,985 | $80,697 | $145,959 | $217,682 | $290,694 |
| Elgin | $40,869 | $94,418 | $133,344 | $193,038 | $266,574 |
| Elkader | $51,274 | $84,747 | $125,715 | $181,406 | $280,673 |
| Elkport | $30,317 | $67,239 | $119,940 | $191,421 | $254,669 |
| Farmersburg | $39,202 | $69,584 | $111,408 | $181,237 | $264,289 |
| Garber | $33,976 | $67,560 | $127,410 | $175,550 | $261,021 |
| Garnavillo | $22,343 | $73,585 | $110,958 | $175,620 | $254,758 |
| Greeley | $40,159 | $59,018 | $127,825 | $207,984 | $283,522 |
| Guttenberg | $57,830 | $101,996 | $159,168 | $252,841 | $377,320 |
| Holy Cross | $50,161 | $91,891 | $152,218 | $222,400 | $360,710 |
| Littleport | $51,736 | $51,736 | $51,736 | $51,736 | $51,736 |
| Luana | $51,470 | $94,217 | $148,853 | $239,248 | $339,727 |
| Marquette | $39,273 | $71,169 | $112,852 | $174,524 | $254,219 |
| Mc Gregor | $39,176 | $83,377 | $145,098 | $230,877 | $296,602 |
| Monona | $59,680 | $87,716 | $128,916 | $182,741 | $270,859 |
| North Buena Vista | $12,088 | $25,217 | $66,342 | $112,877 | $182,349 |
| Postville | $75,458 | $119,204 | $182,379 | $261,672 | $343,222 |
| Saint Olaf | $42,218 | $92,061 | $145,060 | $199,044 | $280,219 |
| Sherrill | $79,365 | $106,044 | $124,078 | $257,506 | $401,495 |
| Strawberry Point | $48,102 | $88,094 | $128,390 | $189,970 | $281,692 |
| Volga | $17,181 | $44,077 | $81,705 | $150,646 | $247,961 |
| Wadena | $60,553 | $84,522 | $118,492 | $131,740 | $172,920 |
Source: Ownwell
Property Tax Bills Across Clayton County, Iowa
In Clayton County, IA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors that influence the assessed value include the market value of the property, recent sales of comparable properties, and any improvements or changes made to the property. For homeowners in Clayton County, the median home price is $133,780. Property tax bills can vary significantly, with the 25th percentile tax bill at $1,108 and the 75th percentile at $2,680. At the higher end, the 90th percentile tax bill reaches $3,897. Comparatively, the highest median tax bill in the county is $4,620 in Clermont, while the lowest is $554 in North Buena Vista. Understanding these factors is crucial for homeowners, as property taxes can significantly impact annual expenses. The national median property tax rate is 0.99%, which provides a benchmark for comparing local rates and understanding how Clayton County's property taxes measure up.
Average Clayton County Tax Bill
$1,792
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Clayton County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arlington | $794 | $1,346 | $1,626 | $2,106 | $3,554 |
| Clayton | $729 | $1,104 | $1,810 | $2,840 | $3,551 |
| Clermont | $2,523 | $3,144 | $4,620 | $5,811 | $5,921 |
| Colesburg | $380 | $970 | $1,610 | $2,354 | $3,134 |
| Edgewood | $390 | $1,014 | $1,830 | $2,700 | $3,541 |
| Elgin | $349 | $794 | $1,372 | $1,926 | $2,660 |
| Elkader | $658 | $1,267 | $1,922 | $2,883 | $3,930 |
| Elkport | $336 | $828 | $1,424 | $2,136 | $2,822 |
| Farmersburg | $562 | $1,024 | $1,562 | $2,299 | $3,531 |
| Garber | $417 | $842 | $1,416 | $2,096 | $2,920 |
| Garnavillo | $262 | $842 | $1,404 | $2,226 | $3,121 |
| Greeley | $380 | $870 | $1,442 | $2,814 | $3,528 |
| Guttenberg | $744 | $1,340 | $2,106 | $3,356 | $4,718 |
| Holy Cross | $444 | $912 | $1,522 | $2,166 | $3,369 |
| Littleport | $778 | $778 | $778 | $778 | $778 |
| Luana | $636 | $1,154 | $1,800 | $2,938 | $3,934 |
| Marquette | $494 | $860 | $1,428 | $2,311 | $3,253 |
| Mc Gregor | $559 | $1,172 | $1,964 | $2,882 | $4,322 |
| Monona | $874 | $1,298 | $1,946 | $2,668 | $3,754 |
| North Buena Vista | $110 | $234 | $554 | $1,090 | $1,770 |
| Postville | $1,025 | $1,579 | $2,351 | $3,682 | $5,530 |
| Saint Olaf | $638 | $1,190 | $1,818 | $2,461 | $2,968 |
| Sherrill | $487 | $1,141 | $1,472 | $2,723 | $4,201 |
| Strawberry Point | $646 | $1,154 | $1,702 | $2,402 | $3,354 |
| Volga | $279 | $645 | $1,180 | $2,004 | $3,240 |
| Wadena | $766 | $1,148 | $1,259 | $1,658 | $2,289 |
Source: Ownwell