Cedar County, Iowa Property Taxes
The median property tax rate in Cedar County is 1.28%, which is higher than the national median of 0.99% but lower than the Iowa state median of 1.54%. With the median home value in Cedar County at $186,910, the typical annual property tax bill amounts to $2,390, slightly below the national median of $2,690. Property taxes in Cedar County are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Cedar County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Tipton or another part of Cedar County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cedar County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.28%
Estimate Property Tax Bill
$2,392
$2,220
Ownwell’s Cedar County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Cedar County with just 2 data points. Enter your property's estimated assessed value, our calculator applies the median tax rate in Cedar County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Cedar County, Iowa
Property taxes in Cedar County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Cedar County is 1.28%, which is higher than both the Iowa state median and the U.S. national median of 0.99%. Local government entities within Cedar County set these rates annually, and they can vary significantly between different areas within the county. Each year, Cedar County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Cedar County's effective property tax rate with other counties in Iowa and the national median. For comparison, the city of West Branch has one of the higher property tax rates in Iowa at 1.51%, while the city of Wilton boasts one of the lowest at 1.03%. Analyzing how Cedar County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Cedar County Tax Rate
1.28%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cedar County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atalissa | 0.99% | 1.07% | 1.14% | 1.24% | 1.38% |
| Bennett | 0.91% | 1.02% | 1.17% | 1.28% | 1.32% |
| Clarence | 1.01% | 1.09% | 1.17% | 1.25% | 1.30% |
| Durant | 1.15% | 1.25% | 1.29% | 1.35% | 1.39% |
| Lisbon | 1.11% | 1.16% | 1.21% | 1.25% | 1.47% |
| Lowden | 0.98% | 1.15% | 1.28% | 1.40% | 1.43% |
| Mechanicsville | 1.04% | 1.15% | 1.25% | 1.33% | 1.38% |
| Moscow | 0.88% | 0.99% | 1.13% | 1.24% | 1.38% |
| New Liberty | 0.89% | 0.95% | 1.10% | 1.18% | 1.21% |
| Olin | 0.97% | 1.07% | 1.22% | 1.42% | 1.66% |
| Oxford Junction | 0.91% | 1.02% | 1.09% | 1.28% | 1.44% |
| Solon | 0.95% | 1.05% | 1.12% | 1.21% | 1.48% |
| Stanwood | 1.08% | 1.29% | 1.40% | 1.50% | 1.54% |
| Tipton | 0.97% | 1.07% | 1.47% | 1.60% | 1.63% |
| West Branch | 1.07% | 1.20% | 1.51% | 1.58% | 1.62% |
| West Liberty | 0.91% | 0.98% | 1.07% | 1.24% | 1.36% |
| Wheatland | 0.93% | 1.00% | 1.07% | 1.14% | 1.31% |
| Wilton | 0.84% | 0.94% | 1.03% | 1.09% | 1.27% |
Source: Ownwell
Property Tax Assessment Values Across Cedar County, Iowa
In Cedar County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Cedar County Appraisal District. The assessed value, however, 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. Assessment notices in Cedar County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. In Cedar County, Lisbon has the highest median tax bill at $4,048, while Wheatland has the lowest at $1,324. Being aware of these valuation processes in Cedar County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Cedar County Assessed Value
$186,910
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cedar County, Iowa
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atalissa | $26,690 | $96,280 | $199,960 | $285,570 | $357,674 |
| Bennett | $83,301 | $103,352 | $163,660 | $238,598 | $319,729 |
| Clarence | $71,808 | $111,530 | $157,560 | $217,725 | $287,592 |
| Durant | $117,894 | $155,708 | $200,850 | $254,328 | $326,993 |
| Lisbon | $71,853 | $209,928 | $308,640 | $426,082 | $511,133 |
| Lowden | $57,354 | $90,940 | $126,060 | $195,430 | $263,656 |
| Mechanicsville | $79,220 | $114,765 | $173,940 | $235,320 | $318,510 |
| Moscow | $31,982 | $68,650 | $143,700 | $227,880 | $294,024 |
| New Liberty | $141,265 | $188,485 | $237,465 | $304,995 | $391,272 |
| Olin | $92,060 | $129,292 | $183,190 | $244,000 | $376,985 |
| Oxford Junction | $106,808 | $138,905 | $168,670 | $236,722 | $293,943 |
| Solon | $55,514 | $135,960 | $230,920 | $382,170 | $618,358 |
| Stanwood | $68,080 | $98,790 | $140,090 | $184,535 | $252,048 |
| Tipton | $72,578 | $119,370 | $178,830 | $264,540 | $386,112 |
| West Branch | $103,908 | $155,730 | $235,460 | $326,785 | $430,358 |
| West Liberty | $146,282 | $198,725 | $274,950 | $353,820 | $447,894 |
| Wheatland | $27,322 | $74,885 | $107,830 | $182,060 | $275,230 |
| Wilton | $91,022 | $181,230 | $261,900 | $369,040 | $451,198 |
Source: Ownwell
Property Tax Bills Across Cedar County, Iowa
In Cedar County, Iowa, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and reflects the market value of the property. Homeowners in Cedar County experience a range of property tax bills. For instance, the 25th percentile tax bill is approximately $1,600, while the 75th percentile tax bill reaches around $3,392. At the higher end, the 90th percentile tax bill can be as much as $4,626. Several factors influence the property tax bill, including the property's location, size, and any applicable exemptions. For example, Lisbon has the highest median tax bill at $4,048, whereas Wheatland has the lowest at $1,324. These variations significantly impact homeowners, as higher tax bills can affect affordability and overall financial planning. Compared to the national median property tax rate of 0.99%, Cedar County's property tax rates can be relatively high, influencing the cost of homeownership in the region.
Average Cedar County Tax Bill
$2,390
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Cedar County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atalissa | $254 | $1,429 | $2,279 | $3,318 | $3,877 |
| Bennett | $969 | $1,290 | $1,826 | $2,574 | $3,320 |
| Clarence | $842 | $1,274 | $1,798 | $2,560 | $3,289 |
| Durant | $1,563 | $2,022 | $2,560 | $3,270 | $4,179 |
| Lisbon | $2,132 | $2,808 | $4,048 | $5,244 | $6,325 |
| Lowden | $741 | $1,167 | $1,602 | $2,280 | $3,142 |
| Mechanicsville | $932 | $1,418 | $2,094 | $2,898 | $3,842 |
| Moscow | $320 | $750 | $1,620 | $2,440 | $3,105 |
| New Liberty | $1,487 | $1,880 | $2,641 | $3,302 | $4,291 |
| Olin | $1,328 | $1,563 | $2,275 | $2,956 | $4,140 |
| Oxford Junction | $1,171 | $1,647 | $2,019 | $2,464 | $3,072 |
| Solon | $406 | $1,566 | $2,290 | $4,040 | $6,448 |
| Stanwood | $933 | $1,371 | $1,925 | $2,506 | $3,107 |
| Tipton | $1,077 | $1,738 | $2,478 | $3,422 | $4,551 |
| West Branch | $1,273 | $2,078 | $3,180 | $4,402 | $5,859 |
| West Liberty | $1,538 | $2,166 | $2,984 | $3,752 | $4,794 |
| Wheatland | $491 | $838 | $1,324 | $1,968 | $2,620 |
| Wilton | $1,154 | $1,830 | $2,736 | $3,542 | $4,715 |
Source: Ownwell