Ida County, Iowa Property Taxes
The median property tax rate in Ida County is 1.68%, 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 Ida County, the typical annual property tax bill reaches $1,560, which is below the national median of $2,690. Property taxes in Ida 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 Ida 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 Ida Grove or another part of Ida County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ida County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.68%
Estimate Property Tax Bill
$1,571
$1,458
Ownwell’s Ida County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Ida County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Ida 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 Ida County, Iowa
Property taxes in Ida County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Ida County is 1.68%, which is higher than the U.S. national median of 0.99%. Local government entities within Ida County set these rates annually, and they can vary significantly between different areas within the county. Each year, Ida 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 Ida County's effective property tax rate with other counties and the national median. For comparison, the city of Arthur has one of the higher property tax rates in the region at 1.72%, while the city of Washta boasts one of the lowest at 1.23%. Analyzing how Ida County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Ida County Tax Rate
1.68%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ida County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arthur | 1.20% | 1.42% | 1.72% | 2.02% | 2.03% |
| Battle Creek | 1.18% | 1.39% | 1.54% | 1.69% | 1.80% |
| Correctionville | 1.01% | 1.13% | 1.65% | 2.42% | 3.82% |
| Cushing | 1.01% | 1.12% | 1.38% | 1.97% | 6.45% |
| Danbury | 1.11% | 1.19% | 1.61% | 1.93% | 3.24% |
| Galva | 1.13% | 1.37% | 1.52% | 1.61% | 1.75% |
| Holstein | 1.26% | 1.59% | 1.69% | 1.78% | 1.79% |
| Ida Grove | 1.18% | 1.57% | 1.72% | 1.85% | 1.85% |
| Kiron | 1.11% | 1.28% | 1.42% | 1.75% | 2.29% |
| Odebolt | N/A | N/A | N/A | N/A | N/A |
| Schaller | 0.98% | 1.07% | 1.30% | 1.81% | 2.16% |
| Schleswig | 1.07% | 1.23% | 1.53% | 1.84% | 2.08% |
| Washta | 1.05% | 1.08% | 1.23% | 2.06% | 2.95% |
Source: Ownwell
Property Tax Assessment Values Across Ida County, Iowa
In Ida 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 Ida 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 Ida 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. Being aware of these valuation processes in Ida County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Ida County, Schleswig has the highest median tax bill at $3,009, while Battle Creek has the lowest at $1,002.
Average Ida County Assessed Value
$93,540
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ida County, Iowa
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arthur | $25,006 | $39,165 | $63,630 | $130,795 | $213,732 |
| Battle Creek | $24,868 | $42,915 | $66,370 | $102,055 | $160,378 |
| Correctionville | $30,710 | $66,040 | $98,870 | $176,440 | $221,530 |
| Cushing | $30,520 | $89,940 | $118,050 | $165,880 | $269,482 |
| Danbury | $41,490 | $84,015 | $143,580 | $240,612 | $282,110 |
| Galva | $29,622 | $47,060 | $72,450 | $117,710 | $207,420 |
| Holstein | $48,650 | $78,740 | $115,490 | $168,480 | $248,532 |
| Ida Grove | $32,634 | $56,060 | $93,790 | $152,370 | $239,102 |
| Kiron | $71,987 | $81,120 | $134,590 | $183,255 | $248,807 |
| Odebolt | N/A | N/A | N/A | N/A | N/A |
| Schaller | $79,423 | $123,600 | $171,730 | $226,360 | $349,104 |
| Schleswig | $103,235 | $120,818 | $160,720 | $205,502 | $451,122 |
| Washta | $65,380 | $117,970 | $156,000 | $243,550 | $323,890 |
Source: Ownwell
Property Tax Bills Across Ida County, Iowa
In Ida County, IA, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. Various factors, such as property size, location, and improvements, influence this assessment. Homeowners in Ida County experience varying tax bills depending on their property's assessed value and the specific tax rate applied. For instance, the median home price in the county is $93,540, and tax bills can range significantly. The 25th percentile tax bill is approximately $936, while the 75th percentile reaches $2,476, and the 90th percentile soars to $3,692. Comparatively, the national median property tax rate is 0.99%, making Ida County's property tax landscape relatively moderate. However, within the county, there are notable differences. For example, Schleswig has the highest median tax bill at $3,009, whereas Battle Creek has the lowest at $1,002. These variations highlight how local factors and property values can significantly impact property tax obligations for homeowners.
Average Ida County Tax Bill
$1,560
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Ida County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arthur | $398 | $693 | $1,208 | $2,074 | $3,249 |
| Battle Creek | $374 | $632 | $1,002 | $1,653 | $2,535 |
| Correctionville | $1,116 | $1,424 | $1,822 | $2,576 | $3,260 |
| Cushing | $953 | $1,330 | $1,642 | $2,284 | $3,421 |
| Danbury | $1,095 | $1,542 | $2,122 | $3,309 | $4,094 |
| Galva | $379 | $652 | $1,094 | $1,866 | $3,294 |
| Holstein | $827 | $1,344 | $1,927 | $2,768 | $3,992 |
| Ida Grove | $537 | $954 | $1,579 | $2,540 | $3,863 |
| Kiron | $925 | $1,230 | $2,013 | $3,056 | $4,094 |
| Odebolt | N/A | N/A | N/A | N/A | N/A |
| Schaller | $1,340 | $1,548 | $1,870 | $3,324 | $4,460 |
| Schleswig | $1,283 | $1,684 | $3,009 | $3,414 | $5,314 |
| Washta | $1,136 | $1,591 | $2,226 | $2,979 | $3,884 |
Source: Ownwell