Westside, Carroll County, Iowa Property Taxes
The median property tax rate in Westside, IA is 0.97%, 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 Westside, the typical annual property tax bill reaches $2,074, falling below the national median of $2,690. Property taxes in Westside 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 Westside'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 Westside 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
Westside, Carroll County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.97%
Estimate Property Tax Bill
$2,029
$1,883
Ownwell’s WESTSIDE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in WESTSIDE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in WESTSIDE 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 Westside, Carroll County, Iowa
Property taxes in Westside, Iowa, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Westside is 0.97%, slightly below the U.S. national median of 0.99%. Local government entities within Westside set these rates annually, and they can vary significantly across different neighborhoods. Each year, Westside 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 Westside's effective property tax rate to other counties in Iowa and the national median. For comparison, the zip code 51467 has both the highest and lowest median property tax rate of 0.97%. Understanding how these cities compare with Westside 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 Westside Tax Rate
0.97%
Average Carroll County Tax Rate
1.15%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Westside, Carroll County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 51467 | 0.75% | 0.91% | 0.97% | 1.03% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Westside, Carroll County, Iowa
In Westside, 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 Westside, 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. The median home price in Westside is $209,210, with tax bills ranging from $1,498 at the 25th percentile to $3,340 at the 90th percentile. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Westside, Carroll County, Iowa
Source: Ownwell
$33,445
$121,328
$209,210
Average Westside Assessed Value
$209,210
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 Westside, Carroll County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 51467 | $148,835 | $171,715 | $209,210 | $290,015 | $344,220 |
Source: Ownwell
Property Tax Bills Across Westside, Carroll County, Iowa
In WESTSIDE, located in Carroll County, IA, property tax bills are calculated based on the assessed value of a home. The assessed value, determined by the county assessor, considers factors such as the home's size, age, location, and condition. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual tax bill. For instance, with a median home price of $209,210, homeowners in WESTSIDE can expect their tax bills to vary significantly. At the 25th percentile, property owners might pay around $1,498, while those at the 75th percentile could see bills as high as $2,843. The 90th percentile tax bill reaches up to $3,340, reflecting the upper range of property taxes in the area. These figures are influenced by local tax rates and the assessed value of properties. Compared to the national median property tax rate of 0.99%, WESTSIDE's property tax rates highlight how regional factors can affect homeowners' financial responsibilities.
Average Westside Tax Bill
$2,074
Average Carroll County Tax Bill
$1,746
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Westside, Carroll County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 51467 | $1,281 | $1,498 | $2,074 | $2,843 | $3,340 |
Source: Ownwell