Bellevue, Dubuque County, Iowa Property Taxes
The median property tax rate in Bellevue, IA is 1.05%, slightly above the national median of 0.99% but lower than the Iowa state median of 1.54%. With a median home value of $320,900, the typical annual property tax bill in Bellevue reaches $3,427, surpassing the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Bellevue'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 Bellevue 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
Bellevue, Dubuque County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$3,369
$3,127
Ownwell’s Bellevue Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bellevue with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bellevue 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 Bellevue, Dubuque County, Iowa
Property taxes in Bellevue, Iowa, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bellevue is 1.05%, higher than both the Iowa state median and the U.S. national median of 0.99%. Local government entities within Bellevue set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bellevue 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 Bellevue's effective property tax rate to other counties in Iowa and the national median. For comparison, the 52031 zip code has the highest median property tax rate of 1.05%, while the 52031 zip code has the lowest median tax rate of 1.05%. Understanding how these cities compare with Bellevue provides valuable insights into the varying tax landscape across Dubuque County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bellevue Tax Rate
1.05%
Average Dubuque County Tax Rate
1.29%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bellevue, Dubuque County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52031 | 0.85% | 1.00% | 1.05% | 1.12% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Bellevue, Dubuque County, Iowa
In Bellevue, 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 Dubuque 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 Bellevue, 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 Bellevue helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Bellevue's highest and lowest median tax bills are both $3,427 in the 52031 zip code.
Property Tax Assessment Values Across Bellevue, Dubuque County, Iowa
Source: Ownwell
$165,600
$258,422
$351,244
Average Bellevue Assessed Value
$320,900
Average Dubuque County Assessed Value
$216,801
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bellevue, Dubuque County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52031 | $33,500 | $163,335 | $320,900 | $428,050 | $539,800 |
Source: Ownwell
Property Tax Bills Across Bellevue, Dubuque County, Iowa
In Bellevue, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is a percentage of the market value of the property. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Several factors influence the assessed value, including the size of the property, location, and any improvements made. Homeowners in Bellevue typically see a range of property tax bills. For example, the tax bill at the 25th percentile is $2,229, while at the 75th percentile, it reaches $4,523. At the 90th percentile, it can go as high as $5,903. These figures show that property taxes can vary significantly depending on the assessed value of the home. Comparatively, the national median property tax rate is 0.99%, which provides a useful benchmark for understanding local tax burdens. High property taxes can impact homeowners by increasing their annual housing costs, which is an important consideration for both current residents and potential buyers.
Average Bellevue Tax Bill
$3,427
Average Dubuque County Tax Bill
$2,714
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Bellevue, Dubuque County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52031 | $370 | $2,229 | $3,427 | $4,523 | $5,903 |
Source: Ownwell