Dickinson County Property Taxes
The median property tax rate in Dickinson County is 0.82%, which is lower than both the national median of 0.99% and the Iowa state median of 1.54%. With the median home value in Dickinson County at $263,050, the typical annual property tax bill is $2,470, which is below the national median of $2,690. Property taxes in Dickinson County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Dickinson 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 Spirit Lake or another part of Dickinson County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dickinson County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.82%
Estimate Property Tax Bill
$2,157
Ownwell’s Dickinson County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Dickinson County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Dickinson 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 Dickinson County, Iowa
Property taxes in Dickinson County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Dickinson County is 0.82%, which is lower than both the Iowa state median of 1.53% and the U.S. national median of 0.99%. Local government entities within Dickinson County set these rates annually, and they can vary significantly between different areas within the county. Each year, Dickinson 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 Dickinson County's effective property tax rate with other counties in Iowa and the national median. For comparison, the city of Lake Park has one of the higher property tax rates in Iowa at 1.08%, while the city of Harris boasts one of the lowest at 0.65%. Analyzing how Dickinson County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Dickinson County Tax Rate
0.82%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dickinson County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arnolds Park | 0.67% | 0.72% | 0.80% | 0.90% | 0.98% |
| Dickens | 0.91% | 0.93% | 0.95% | 0.98% | 0.99% |
| Estherville | 0.67% | 0.88% | 0.95% | 0.99% | 1.08% |
| Everly | 0.66% | 0.67% | 0.69% | 0.71% | 0.79% |
| Harris | 0.65% | 0.65% | 0.65% | 0.65% | 0.65% |
| Lake Park | 0.69% | 0.89% | 1.08% | 1.16% | 1.22% |
| Milford | 0.67% | 0.75% | 0.94% | 1.26% | 1.32% |
| Okoboji | 0.49% | 0.67% | 0.77% | 0.88% | 0.91% |
| Orleans | 0.57% | 0.71% | 0.77% | 0.84% | 0.99% |
| Spirit Lake | 0.64% | 0.72% | 0.80% | 1.10% | 1.16% |
| Superior | 0.68% | 0.86% | 0.93% | 1.06% | 1.14% |
| Terril | 0.84% | 0.90% | 1.06% | 1.19% | 1.27% |
| Wahpeton | 0.58% | 0.67% | 0.82% | 0.85% | 0.90% |
| West Okoboji | 0.42% | 0.54% | 0.66% | 0.75% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Dickinson County, Iowa
In Dickinson 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 Dickinson 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 Dickinson 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. The highest median tax bill in the county is $6,599 in Dickens, while the lowest is $198 in Wahpeton. Being aware of these valuation processes in Dickinson County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Dickinson County Assessed Value
$263,050
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dickinson County, Iowa
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arnolds Park | $17,430 | $185,875 | $342,050 | $524,600 | $825,720 |
| Dickens | $396,690 | $515,625 | $713,850 | $912,075 | $1,031,010 |
| Estherville | $163,350 | $202,950 | $244,500 | $333,550 | $432,280 |
| Everly | $134,880 | $197,100 | $247,500 | $280,800 | $336,160 |
| Harris | $271,480 | $297,550 | $341,000 | $384,450 | $410,520 |
| Lake Park | $58,410 | $96,800 | $159,900 | $279,925 | $479,940 |
| Milford | $72,580 | $157,200 | $247,600 | $433,400 | $1,069,100 |
| Okoboji | $10,600 | $45,500 | $301,000 | $856,400 | $1,973,380 |
| Orleans | $6,950 | $30,050 | $132,100 | $330,100 | $402,080 |
| Spirit Lake | $62,800 | $146,800 | $281,000 | $556,300 | $932,880 |
| Superior | $1,500 | $8,800 | $58,700 | $87,275 | $122,710 |
| Terril | $31,190 | $53,875 | $91,250 | $177,900 | $286,080 |
| Wahpeton | $4,200 | $14,050 | $23,300 | $74,450 | $280,250 |
| West Okoboji | $5,170 | $34,550 | $73,100 | $273,350 | $3,998,500 |
Source: Ownwell
Property Tax Bills Across Dickinson County, Iowa
In Dickinson 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 such as the home's market value, location, and any applicable exemptions are considered in this process. For instance, the median home price in Dickinson County is $263,050. Homeowners in the 25th percentile can expect a tax bill around $1,244, while those in the 75th percentile might see a tax bill closer to $4,488. At the upper end, the 90th percentile tax bill can reach up to $7,656. The highest median tax bill in the county is found in the city of Dickens at $6,599, while Wahpeton has the lowest at $198. Compared to the national median property tax rate of 0.99%, Dickinson County's rates can vary significantly, impacting homeowners differently depending on their specific circumstances.
Average Dickinson County Tax Bill
$2,470
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Dickinson County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arnolds Park | $124 | $1,499 | $2,912 | $4,622 | $6,973 |
| Dickens | $3,867 | $4,892 | $6,599 | $8,306 | $9,331 |
| Estherville | $1,488 | $1,626 | $2,211 | $2,983 | $3,826 |
| Everly | $914 | $1,276 | $1,716 | $1,990 | $2,267 |
| Harris | $1,773 | $1,942 | $2,225 | $2,508 | $2,677 |
| Lake Park | $536 | $1,047 | $1,609 | $2,696 | $4,318 |
| Milford | $652 | $1,646 | $2,545 | $4,294 | $9,197 |
| Okoboji | $46 | $606 | $2,674 | $6,649 | $14,690 |
| Orleans | $197 | $446 | $1,728 | $2,568 | $2,896 |
| Spirit Lake | $399 | $1,300 | $2,592 | $4,632 | $7,148 |
| Superior | $57 | $204 | $674 | $960 | $1,331 |
| Terril | $346 | $608 | $1,058 | $1,770 | $2,640 |
| Wahpeton | $47 | $88 | $198 | $200 | $1,166 |
| West Okoboji | $18 | $231 | $545 | $1,424 | $2,215 |
Source: Ownwell