Davis County, Iowa Property Taxes
The median property tax rate in Davis County is 1.75%, which is significantly higher than both the national median of 0.99% and the Iowa state median of 1.54%. With the median home value in Davis County, the typical annual property tax bill reaches $2,254, which is below the national median of $2,690. Property taxes in Davis County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Davis 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 Bloomfield or another part of Davis County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Davis County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.75%
Estimate Property Tax Bill
$2,234
$2,074
Ownwell’s Davis County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Davis County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Davis 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 Davis County, Iowa
Property taxes in Davis County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Davis County is 1.75%, which is higher than the U.S. national median of 0.99%. Local government entities within Davis County set these rates annually, and they can vary significantly between different areas within the county. Each year, Davis 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 Davis County's effective property tax rate with other regions and the national median. For comparison, the city of Bloomfield has one of the higher property tax rates in Iowa at 1.79%, while the city of Floris boasts one of the lowest at 1.50%. Analyzing how Davis County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Davis County Tax Rate
1.75%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Davis County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blakesburg | N/A | N/A | N/A | N/A | N/A |
| Bloomfield | 1.41% | 1.60% | 1.79% | 2.15% | 2.34% |
| Douds | N/A | N/A | N/A | N/A | N/A |
| Drakesville | 1.21% | 1.50% | 1.67% | 1.79% | 1.91% |
| Eldon | 1.44% | 1.67% | 1.75% | 1.90% | 2.02% |
| Floris | 0.89% | 1.23% | 1.50% | 1.72% | 1.86% |
| Milton | 1.38% | 1.48% | 1.60% | 1.78% | 1.84% |
| Moulton | 1.42% | 1.64% | 1.74% | 1.84% | 1.92% |
| Pulaski | 1.46% | 1.64% | 1.73% | 1.86% | 1.98% |
| Selma | 1.36% | 1.49% | 1.71% | 1.81% | 2.09% |
| Unionville | 1.13% | 1.40% | 1.61% | 1.76% | 1.85% |
Source: Ownwell
Property Tax Assessment Values Across Davis County, Iowa
In Davis 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 Davis 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 Davis 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. The highest median tax bill in the county is in Unionville at $2,834, while the lowest is in Floris at $1,180. Being aware of these valuation processes in Davis County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Davis County Assessed Value
$127,685
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Davis County, Iowa
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blakesburg | N/A | N/A | N/A | N/A | N/A |
| Bloomfield | $36,210 | $76,642 | $134,890 | $208,555 | $287,397 |
| Douds | N/A | N/A | N/A | N/A | N/A |
| Drakesville | $16,982 | $50,940 | $123,935 | $196,778 | $275,973 |
| Eldon | $100,650 | $104,295 | $153,710 | $199,940 | $272,310 |
| Floris | $15,776 | $44,970 | $87,280 | $160,450 | $236,040 |
| Milton | $44,279 | $76,715 | $114,025 | $172,735 | $212,639 |
| Moulton | $45,858 | $93,900 | $145,255 | $219,038 | $301,865 |
| Pulaski | $12,616 | $38,112 | $80,650 | $143,542 | $215,534 |
| Selma | $25,318 | $48,970 | $106,050 | $183,805 | $272,870 |
| Unionville | $52,000 | $90,300 | $163,680 | $230,490 | $324,620 |
Source: Ownwell
Property Tax Bills Across Davis County, Iowa
In Davis 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 determine the tax bill. The median home price in Davis County is $127,685, and the property tax rate in the region is influenced by local government budgets and community needs. Several factors affect the tax bill, including property size, location, and improvements made to the property. Homeowners in Davis County can expect tax bills to vary significantly; the 25th percentile tax bill is approximately $1,168, while the 75th percentile reaches $3,516. The 90th percentile tax bill can be as high as $4,940, indicating a wide range of tax burdens depending on individual property characteristics. Comparatively, the highest median tax bill in the region is $2,834 in Unionville, while the lowest is $1,180 in Floris. This variability highlights the importance of understanding local property tax assessments and their impact on homeowners' financial planning.
Average Davis County Tax Bill
$2,254
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Davis County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blakesburg | N/A | N/A | N/A | N/A | N/A |
| Bloomfield | $628 | $1,376 | $2,470 | $3,711 | $5,132 |
| Douds | N/A | N/A | N/A | N/A | N/A |
| Drakesville | $258 | $816 | $1,898 | $3,004 | $4,431 |
| Eldon | $1,534 | $1,847 | $2,748 | $3,502 | $3,612 |
| Floris | $198 | $636 | $1,180 | $2,214 | $3,344 |
| Milton | $602 | $1,121 | $1,840 | $2,902 | $3,537 |
| Moulton | $669 | $1,722 | $2,586 | $3,876 | $4,922 |
| Pulaski | $213 | $695 | $1,364 | $2,467 | $3,947 |
| Selma | $494 | $871 | $1,672 | $3,056 | $4,419 |
| Unionville | $613 | $1,528 | $2,834 | $3,810 | $4,767 |
Source: Ownwell