Clarke County, Iowa Property Taxes

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

Median Clarke County effective property tax rate: 1.89%, significantly higher than the national median of 1.02%.
Median Clarke County home value: $115,600
Median annual Clarke County tax bill: $2,187, $213 lower than the national median property tax bill of $2,400.

How are property taxes in Clarke County calculated?

Property taxes in Clarke 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 Osceola or another part of Clarke County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Clarke County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.89%

Estimate Property Tax Bill

$2,185

$2,027

Ownwell’s Clarke County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Clarke County with just two data points. By entering your property's estimated assessed value, our calculator applies Clarke 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 Clarke County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Clarke County, Iowa

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each county annually estimates its required budget to provide necessary services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the essence of the annual process.

In Clarke County, Iowa, the effective property tax rate is a point of comparison to other counties in Iowa or the national median property tax rate of 1.02%. Clarke County's median tax rate stands at 1.89%, which is notably higher than the national median. Within the county, Osceola boasts the highest median tax rate at 1.93%, while Grand River has the lowest at 1.68%. These figures highlight the variability in property tax rates even within a single county, emphasizing the importance of understanding local tax dynamics.

Property Tax Rates Across Clarke County, Iowa

Source: Ownwell

1.68%

1.80%

1.93%

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 Clarke County Tax Rate

1.89%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Clarke County, Iowa

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Grand River	1.46%	1.51%	1.68%	2.00%	2.07%
Humeston	N/A	N/A	N/A	N/A	N/A
Lorimor	N/A	N/A	N/A	N/A	N/A
Lucas	N/A	N/A	N/A	N/A	N/A
Murray	1.28%	1.53%	1.74%	1.95%	2.16%
New Virginia	1.50%	1.68%	1.83%	1.99%	2.26%
Osceola	1.56%	1.74%	1.93%	2.12%	2.29%
Peru	N/A	N/A	N/A	N/A	N/A
Port Huron	N/A	N/A	N/A	N/A	N/A
Thayer	N/A	N/A	N/A	N/A	N/A
Truro	1.58%	1.71%	1.89%	2.10%	2.37%
Weldon	1.24%	1.56%	1.74%	1.90%	2.20%
Woodburn	1.27%	1.63%	1.84%	2.14%	2.80%

Source: Ownwell

Property Tax Assessment Values Across Clarke County, Iowa

When examining property taxes in Clarke 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 Clarke 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 Clarke 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 Clarke County.

For example, the median tax bill in Clarke County is $2400, with tax bills ranging significantly across the county. New Virginia has the highest median home price at $178,530.

Property Tax Assessment Values Across Clarke County, Iowa

Source: Ownwell

$89,270

$133,900

$178,530

Median Clarke County Market Value

$115,600

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Clarke County, Iowa

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Grand River	$32,234	$58,758	$120,475	$181,115	$253,714
Humeston	N/A	N/A	N/A	N/A	N/A
Lorimor	N/A	N/A	N/A	N/A	N/A
Lucas	N/A	N/A	N/A	N/A	N/A
Murray	$25,166	$49,385	$89,270	$135,300	$208,434
New Virginia	$49,800	$119,650	$178,530	$274,180	$384,550
Osceola	$48,471	$80,128	$123,155	$183,492	$265,672
Peru	N/A	N/A	N/A	N/A	N/A
Port Huron	N/A	N/A	N/A	N/A	N/A
Thayer	N/A	N/A	N/A	N/A	N/A
Truro	$73,733	$110,205	$174,285	$259,322	$318,874
Weldon	$22,166	$59,530	$130,080	$182,610	$258,516
Woodburn	$13,985	$35,670	$91,415	$170,655	$260,845

Source: Ownwell

Property Tax Bills Across Clarke County, Iowa

In Clarke County, IA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in the county is $115,600, which is significantly below the national median. Homeowners in Clarke County experience a wide range in property tax bills, with the 25th percentile at $1,302 and the 75th percentile reaching $3,334. This variation highlights how different factors, such as property location and improvements, can influence tax bills. In some areas, like New Virginia, the median tax bill peaks at $3,425, while in Murray, it is as low as $1,574. These figures illustrate the impact of local government budgeting needs and school district levies on property taxes. Compared to the national median property tax bill of $2,400, Clarke County's taxes can be either a financial relief or a burden, depending on the specific location and property value. Understanding these dynamics is crucial for homeowners aiming to manage their property tax obligations effectively.

Property Tax Bills Across Clarke County, Iowa

Source: Ownwell

$1,574

$2,500

$3,425

Median Clarke County Tax Bill

$2,187

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Clarke County, Iowa

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Grand River	$566	$1,058	$1,968	$3,216	$3,837
Humeston	N/A	N/A	N/A	N/A	N/A
Lorimor	N/A	N/A	N/A	N/A	N/A
Lucas	N/A	N/A	N/A	N/A	N/A
Murray	$401	$840	$1,574	$2,336	$3,503
New Virginia	$841	$2,018	$3,425	$5,040	$6,504
Osceola	$934	$1,556	$2,326	$3,488	$4,958
Peru	N/A	N/A	N/A	N/A	N/A
Port Huron	N/A	N/A	N/A	N/A	N/A
Thayer	N/A	N/A	N/A	N/A	N/A
Truro	$1,248	$2,298	$3,338	$4,502	$5,216
Weldon	$238	$990	$2,166	$3,472	$4,567
Woodburn	$322	$689	$1,762	$3,045	$4,614

Source: Ownwell