West Burlington, Iowa Property Taxes
The median property tax rate in West Burlington, IA is 1.50%, which is considerably higher than the national median of 0.99% but slightly lower than the Iowa state median of 1.54%. With the median home value in West Burlington at $129,550, the typical annual property tax bill reaches $1,913, falling below the national median of $2,690. Property taxes in West Burlington are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding West Burlington'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 West Burlington or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
West Burlington, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.5%
Estimate Property Tax Bill
$1,943
Ownwell’s West Burlington Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in West Burlington with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in West Burlington 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 West Burlington, Iowa
Property taxes in West Burlington, Iowa, are pivotal in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Burlington is 1.50%, significantly higher than the U.S. national median of 0.99%. Local government entities within West Burlington set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Burlington 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 West Burlington's effective property tax rate to other counties in Iowa and the national median. For comparison, the 52655 zip code has the highest median property tax rate of 1.50%, while the same zip code also has the lowest median tax rate of 1.50%. Understanding how these cities compare with West Burlington provides valuable insights into the varying tax landscape across Des Moines County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average West Burlington Tax Rate
1.50%
Average Des Moines County Tax Rate
1.57%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across West Burlington, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52655 | 1.22% | 1.36% | 1.50% | 1.59% | 1.67% |
Source: Ownwell
Property Tax Assessment Values Across West Burlington, Iowa
In West Burlington, 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 Des Moines 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 West Burlington, 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 West Burlington helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bill in the area is $1,913, both found in zip code 52655.
Average West Burlington Assessed Value
$129,550
Average Des Moines County Assessed Value
$105,000
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across West Burlington, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52655 | $62,830 | $89,250 | $129,550 | $195,975 | $274,970 |
Source: Ownwell
Property Tax Bills Across West Burlington, Iowa
In West Burlington, Des Moines County, IA, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the county assessor and reflects the market value of the property. Homeowners in West Burlington can expect varied tax bills depending on their property's assessed value. For instance, the median home price in West Burlington is $129,550. Property tax bills can range significantly, with the 25th percentile at $1,310 and the 75th percentile at $2,710. The 90th percentile tax bill can climb as high as $4,003. These tax rates are influenced by local government budgets and the need to fund public services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, West Burlington's property taxes can represent a substantial cost for homeowners. Understanding how these factors interplay helps homeowners anticipate their financial obligations and plan accordingly.
Average West Burlington Tax Bill
$1,913
Average Des Moines County Tax Bill
$1,606
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across West Burlington, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52655 | $885 | $1,310 | $1,913 | $2,710 | $4,003 |
Source: Ownwell