Allamakee County, Iowa Property Taxes

Name: Property Tax Bills Across Allamakee County, Iowa
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Allamakee County effective property tax rate: 1.22%, significantly higher than the national median of 1.02%.
Median Allamakee County home value: $156,300
Median annual Allamakee County tax bill: $1,948, $452 lower than the national median property tax bill of $2,400.

How are property taxes in Allamakee County calculated?

Property taxes in Allamakee County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Waukon or another part of Allamakee County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Allamakee County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.22%

Estimate Property Tax Bill

$1,907

$1,770

Ownwell’s Allamakee County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Allamakee County with just two data points. By entering your property's estimated assessed value, our calculator applies Allamakee County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Allamakee County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Allamakee County, Iowa

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Allamakee County's effective property tax rate to other counties in Iowa or the U.S. median property tax rate.

Property Tax Rates Across Allamakee County, Iowa

Source: Ownwell

0.95%

1.18%

1.40%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Allamakee County Tax Rate

1.22%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Allamakee County, Iowa

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Decorah	0.71%	0.83%	0.95%	1.09%	1.22%
Dorchester	0.76%	0.88%	1.01%	1.22%	1.41%
Harpers Ferry	0.88%	0.97%	1.08%	1.19%	1.30%
Lansing	0.90%	1.03%	1.21%	1.60%	1.76%
Luana	0.65%	0.90%	1.00%	1.14%	1.45%
Monona	0.88%	0.98%	1.10%	1.22%	1.47%
New Albin	0.93%	1.02%	1.23%	1.37%	1.47%
Postville	1.05%	1.22%	1.39%	1.51%	1.61%
Waterville	0.84%	0.94%	1.09%	1.30%	1.54%
Waukon	0.87%	0.98%	1.40%	1.53%	1.61%

Source: Ownwell

Property Tax Assessment Values Across Allamakee County, Iowa

When examining property taxes in Allamakee County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Allamakee County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices: In Allamakee County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Allamakee County.

For example, the median tax bill in Allamakee County is $2,696, with tax bills ranging significantly across the county. Monona has the highest median home price at $238,500.

Property Tax Assessment Values Across Allamakee County, Iowa

Source: Ownwell

$107,600

$173,050

$238,500

Median Allamakee County Market Value

$156,300

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Allamakee County, Iowa

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Decorah	$52,360	$69,000	$154,400	$206,700	$298,460
Dorchester	$45,500	$101,900	$195,900	$293,625	$407,080
Harpers Ferry	$3,200	$35,200	$146,900	$250,650	$357,880
Lansing	$15,900	$87,100	$162,100	$256,900	$364,340
Luana	$97,500	$139,700	$207,900	$294,700	$382,500
Monona	$73,620	$158,250	$238,500	$335,850	$436,520
New Albin	$55,840	$105,300	$163,700	$253,950	$333,460
Postville	$58,960	$78,800	$107,600	$175,800	$302,570
Waterville	$28,940	$74,450	$175,050	$283,925	$388,660
Waukon	$69,020	$112,600	$163,200	$247,100	$349,260

Source: Ownwell

Property Tax Bills Across Allamakee County, Iowa

In Allamakee 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 arrive at the annual property tax bill. Homeowners in Allamakee County experience a median property tax bill of $2,400, aligning with the national median. However, the tax bill can vary significantly depending on the location within the county. For example, Monona has the highest median tax bill at $2,696, while Decorah has the lowest at $1,480. Factors such as the home's market value, local government budgets, and public service needs influence the tax rate. Homeowners in the 25th percentile pay around $1,150, whereas those in the 75th percentile face a tax bill of approximately $2,948. At the 90th percentile, the tax bill rises to $4,252. These variations can impact homeowners' finances, affecting affordability and potentially influencing decisions about buying or selling property in the area.

Property Tax Bills Across Allamakee County, Iowa

Source: Ownwell

$1,480

$2,088

$2,696

Median Allamakee County Tax Bill

$1,948

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Allamakee County, Iowa

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Decorah	$446	$673	$1,480	$2,084	$3,086
Dorchester	$469	$986	$1,952	$3,264	$4,689
Harpers Ferry	$42	$426	$1,568	$2,706	$3,737
Lansing	$296	$1,100	$2,102	$3,278	$4,675
Luana	$599	$1,394	$2,196	$2,885	$4,646
Monona	$887	$1,766	$2,696	$4,027	$5,460
New Albin	$706	$1,290	$2,031	$2,817	$3,706
Postville	$797	$1,085	$1,492	$2,284	$3,993
Waterville	$418	$874	$1,848	$3,054	$4,380
Waukon	$878	$1,445	$2,135	$3,025	$4,250

Source: Ownwell