Glidden, Iowa Property Taxes
The median property tax rate in Glidden, IA is 1.06%, slightly higher than the national median of 0.99% but lower than the Iowa state median of 1.54%. With the median home value in Glidden at $153,195, the typical annual property tax bill reaches $1,591, which is below the national median of $2,690. Property taxes in Glidden are calculated based on the tax assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Glidden'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 Glidden or another part of Carroll County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Glidden, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$1,624
Ownwell’s Glidden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Glidden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Glidden 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 Glidden, Iowa
Property taxes in Glidden, Iowa, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glidden is 1.06%, which is higher than the U.S. national median of 0.99%. Local government entities within Glidden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glidden 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 Glidden's effective property tax rate to other regions and the national median. For comparison, the highest median property tax rate in Carroll County is also 1.06%, while the lowest median tax rate is similarly 1.06%. Understanding how these figures compare with Glidden provides valuable insights into the varying tax landscape across Carroll County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Glidden Tax Rate
1.06%
Average Carroll County Tax Rate
1.15%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glidden, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 51443 | 0.83% | 0.94% | 1.06% | 1.24% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Glidden, Iowa
In Glidden, 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 Carroll 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 Glidden, 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 Glidden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1,591 in the 51443 zip code, while the lowest median tax bill is also $1,591 in the same zip code.
Average Glidden Assessed Value
$153,195
Average Carroll County Assessed Value
$153,990
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Glidden, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 51443 | $50,880 | $94,645 | $153,195 | $227,862 | $319,178 |
Source: Ownwell
Property Tax Bills Across Glidden, Iowa
In Glidden, Carroll County, IA, property tax bills are determined by assessing the value of a home and applying the local tax rate. The assessed value is a percentage of the home's market value, which is then multiplied by the tax rate to calculate the annual tax bill. For instance, if a home in Glidden has a median market value of $153,195, the tax bill can range significantly depending on various factors, including property size, location, and improvements. Homeowners in Glidden can expect property tax bills ranging from $1,012 at the 25th percentile to $3,381 at the 90th percentile. The median tax bill in the area is $1,591, which is higher than the national median property tax rate of 0.99%. These taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the community's quality of life. Understanding these factors helps homeowners anticipate their annual expenses and the value they receive from local services.
Average Glidden Tax Bill
$1,591
Average Carroll County Tax Bill
$1,746
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Glidden, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 51443 | $524 | $1,012 | $1,591 | $2,398 | $3,381 |
Source: Ownwell