Le Claire, Iowa Property Taxes
The median property tax rate in Le Claire, IA is 1.45%, which is considerably higher than the national median of 0.99% but slightly lower than the Iowa state median of 1.54%. With the median home value in Le Claire at $307,300, the typical annual property tax bill reaches $3,744, exceeding the national median of $2,690. Property taxes in Le Claire are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Le Claire'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 Le Claire 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
Le Claire, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.45%
Estimate Property Tax Bill
$4,456
Ownwell’s Le Claire Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Le Claire with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Le Claire 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 Le Claire, Iowa
Property taxes in Le Claire, Iowa, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Le Claire is 1.45%, higher than both the Iowa state median and the U.S. national median of 0.99%. Local government entities within Le Claire set these rates annually, and they can vary significantly across different neighborhoods. Each year, Le Claire 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 Le Claire's effective property tax rate to other counties in Iowa and the national median. For comparison, the 52753 zip code has the highest median property tax rate of 1.45%, while the same zip code also has the lowest median tax rate of 1.45%. Understanding how these cities compare with Le Claire 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 Le Claire Tax Rate
1.45%
Average Scott County Tax Rate
1.63%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Le Claire, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52753 | 0.94% | 1.16% | 1.45% | 1.56% | 1.64% |
Source: Ownwell
Property Tax Assessment Values Across Le Claire, Iowa
In Le Claire, 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 Le Claire, 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. Being aware of these valuation processes in Le Claire helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For example, the median home price in Le Claire is $307,300, with tax bills ranging from $2,604 at the 25th percentile to $7,884 at the 90th percentile. The highest and lowest median tax bills are found in the 52753 zip code, both at $3,744.
Average Le Claire Assessed Value
$307,300
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 Le Claire, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52753 | $128,103 | $189,650 | $307,300 | $416,750 | $537,970 |
Source: Ownwell
Property Tax Bills Across Le Claire, Iowa
In Le Claire, Scott County, IA, property tax bills are calculated based on the assessed value of your home and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. For instance, with a median home price of $307,300, homeowners can expect their tax bills to vary significantly. Factors such as property improvements, neighborhood developments, and market conditions can influence the assessed value. The tax rate in Scott County is applied to this assessed value to determine the annual property tax bill. Homeowners in Le Claire see a wide range of tax bills, from the 25th percentile at $2,604 to the 75th percentile at $6,080, with the 90th percentile reaching up to $7,884. The highest median tax bill in the area is $3,744. These tax bills impact homeowners by contributing to local services such as schools, infrastructure, and emergency services, making property taxes a crucial element of homeownership in Le Claire.
Average Le Claire Tax Bill
$3,744
Average Scott County Tax Bill
$2,966
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Le Claire, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52753 | $1,934 | $2,604 | $3,744 | $6,080 | $7,884 |
Source: Ownwell