Bettendorf, Iowa Property Taxes
The median property tax rate in Bettendorf, IA is 1.49%, which is higher than both the national median of 0.99% and the Iowa state median of 1.54%. With a median home value of $253,200 in Bettendorf, the typical annual property tax bill reaches $3,736, surpassing the national median of $2,690. Property taxes in Bettendorf are calculated based on the assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Bettendorf's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Bettendorf or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bettendorf, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.49%
Estimate Property Tax Bill
$3,773
Ownwell’s Bettendorf Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bettendorf with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bettendorf 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 Bettendorf, Iowa
Property taxes in Bettendorf, IA, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bettendorf is 1.49%, significantly higher than both the Iowa state median and the U.S. national median of 0.99%. Local government entities within Bettendorf set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bettendorf 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 Bettendorf's effective property tax rate to other counties in Iowa and the national median. For comparison, the 52722 zip code has the highest median property tax rate of 1.49%, while the same zip code also has the lowest median tax rate of 1.49%. Understanding how these cities compare with Bettendorf provides valuable insights into the varying tax landscape across Scott County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bettendorf Tax Rate
1.49%
Average Scott County Tax Rate
1.63%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bettendorf, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52722 | 1.31% | 1.41% | 1.49% | 1.56% | 1.62% |
Source: Ownwell
Property Tax Assessment Values Across Bettendorf, Iowa
In Bettendorf, Iowa, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 Scott 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 Bettendorf, 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. The median home price in Bettendorf is $253,200, with property tax bills ranging significantly. For instance, the 25th percentile tax bill is $2,568, while the 75th percentile tax bill is $6,186. The highest and lowest median tax bills are both $3,736, found in the 52722 zip code. Understanding these valuation concepts allows property owners to navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bettendorf Assessed Value
$253,200
Average Scott County Assessed Value
$184,110
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bettendorf, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52722 | $125,900 | $175,700 | $253,200 | $411,450 | $563,200 |
Source: Ownwell
Property Tax Bills Across Bettendorf, Iowa
In Bettendorf, located in Scott County, IA, property tax bills are determined based on the assessed value of a home and the local tax rate. The assessed value is a percentage of the market value of the property, which is periodically evaluated by local assessors. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. For homeowners in Bettendorf, the median home price is $253,200. Property tax bills can vary significantly, with the 25th percentile at $2,568 and the 75th percentile reaching $6,186. The highest median tax bill in the area is $3,736, which is notably higher than the national median property tax rate of 0.99%. Several factors influence the final tax bill, including property improvements, neighborhood changes, and local government budgets. These taxes are crucial for funding public services such as schools, infrastructure, and emergency services, directly impacting the community's quality of life.
Average Bettendorf Tax Bill
$3,736
Average Scott County Tax Bill
$2,966
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Bettendorf, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52722 | $1,884 | $2,568 | $3,736 | $6,186 | $8,536 |
Source: Ownwell