Fremont County, Iowa Property Taxes
The median property tax rate in Fremont 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 a median home value of $118,270, the typical annual property tax bill in Fremont County is approximately $1,562, significantly below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which typically falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Fremont 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 Sidney or another part of Fremont County, gaining comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Fremont County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.28%
Estimate Property Tax Bill
$1,514
$1,405
Ownwell’s Fremont County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Fremont County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Fremont 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 Fremont County, Iowa
Property taxes in Fremont County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Fremont 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 Fremont County set these rates annually, and they can vary significantly between different areas within the county. Each year, Fremont 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 Fremont County's effective property tax rate with other counties in Iowa and the national median. For comparison, the city of Sidney has one of the higher property tax rates in Iowa at 1.54%, while the city of Nebraska City boasts one of the lowest at 1.02%. Analyzing how Fremont County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Fremont County Tax Rate
1.28%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fremont County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Farragut | 0.88% | 1.06% | 1.26% | 1.48% | 1.66% |
| Hamburg | 0.46% | 0.96% | 1.21% | 1.48% | 1.72% |
| Imogene | 0.74% | 0.92% | 1.19% | 1.31% | 1.56% |
| Malvern | N/A | N/A | N/A | N/A | N/A |
| Nebraska City | N/A | N/A | N/A | N/A | N/A |
| Northboro | 0.91% | 1.11% | 1.25% | 1.34% | 1.55% |
| Percival | 0.68% | 0.92% | 1.12% | 1.37% | 1.63% |
| Randolph | 0.84% | 1.05% | 1.26% | 1.53% | 1.83% |
| Riverton | 0.74% | 1.03% | 1.34% | 1.65% | 1.94% |
| Shenandoah | 0.83% | 0.96% | 1.07% | 1.25% | 1.31% |
| Sidney | 0.95% | 1.14% | 1.54% | 1.80% | 2.05% |
| Tabor | 0.92% | 1.13% | 1.41% | 1.64% | 1.86% |
| Thurman | 0.49% | 0.90% | 1.16% | 1.70% | 2.20% |
Source: Ownwell
Property Tax Assessment Values Across Fremont County, Iowa
In Fremont 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 Fremont 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 Fremont 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. Fremont County's highest median tax bill is found in Malvern at $2,716, while Riverton has the lowest at $988. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Fremont County Assessed Value
$118,270
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fremont County, Iowa
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Farragut | $40,090 | $78,635 | $121,980 | $191,570 | $279,678 |
| Hamburg | $6,393 | $35,070 | $87,130 | $151,062 | $244,203 |
| Imogene | $12,426 | $51,910 | $127,490 | $212,635 | $269,914 |
| Malvern | N/A | N/A | N/A | N/A | N/A |
| Nebraska City | N/A | N/A | N/A | N/A | N/A |
| Northboro | $70,387 | $104,150 | $169,955 | $199,338 | $209,677 |
| Percival | $8,888 | $41,618 | $99,870 | $174,110 | $271,402 |
| Randolph | $34,000 | $63,058 | $110,800 | $210,282 | $301,580 |
| Riverton | $13,182 | $32,360 | $72,320 | $123,890 | $190,446 |
| Shenandoah | $84,448 | $119,485 | $180,510 | $244,680 | $339,294 |
| Sidney | $48,348 | $76,940 | $127,910 | $198,000 | $321,858 |
| Tabor | $70,102 | $110,460 | $165,530 | $232,420 | $332,104 |
| Thurman | $13,140 | $32,085 | $80,650 | $202,518 | $356,636 |
Source: Ownwell
Property Tax Bills Across Fremont County, Iowa
In Fremont County, IA, property tax bills are calculated based on the assessed value of a home. The county assessor determines this value, which is then used to calculate the tax bill. Several factors influence the assessed value, including the home's market value, size, location, and any improvements made to the property. Once the assessed value is established, local tax rates are applied to determine the final tax bill. Homeowners in Fremont County can expect a range of property tax bills. The 25th percentile tax bill stands at $798, while the 75th percentile reaches $2,484, and the 90th percentile peaks at $3,653. These variations reflect differences in property values and local tax rates. For instance, Malvern has the highest median tax bill at $2,716, whereas Riverton has the lowest at $988. Compared to the national median property tax rate of 0.99%, Fremont County's tax rates can significantly impact homeowners, influencing their financial planning and long-term investment decisions.
Average Fremont County Tax Bill
$1,562
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Fremont County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Farragut | $508 | $908 | $1,572 | $2,428 | $3,260 |
| Hamburg | $59 | $354 | $1,136 | $1,771 | $2,816 |
| Imogene | $245 | $934 | $1,739 | $2,582 | $3,369 |
| Malvern | N/A | N/A | N/A | N/A | N/A |
| Nebraska City | N/A | N/A | N/A | N/A | N/A |
| Northboro | $893 | $1,056 | $2,075 | $2,466 | $2,729 |
| Percival | $74 | $298 | $1,196 | $1,954 | $2,934 |
| Randolph | $381 | $926 | $1,477 | $2,370 | $3,345 |
| Riverton | $142 | $400 | $988 | $1,719 | $2,428 |
| Shenandoah | $857 | $1,278 | $1,919 | $2,726 | $3,519 |
| Sidney | $694 | $1,246 | $1,986 | $2,760 | $3,938 |
| Tabor | $918 | $1,504 | $2,331 | $3,280 | $4,515 |
| Thurman | $86 | $390 | $1,008 | $2,302 | $3,768 |
Source: Ownwell