Linn County, Iowa Property Taxes
The median property tax rate in Linn County is 1.84%, significantly higher than both the national median of 0.99% and the Iowa state median of 1.54%. With a median home value of $173,500 in Linn County, the typical annual property tax bill reaches $3,328, surpassing the national median of $2,690. Property taxes in Linn County are calculated based on the tax assessed value, which is generally lower than the actual market value due to various property tax exemptions, such as the primary residence and agricultural exemptions. Understanding Linn 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 Cedar Rapids or another part of Linn County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Linn County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.84%
Estimate Property Tax Bill
$3,192
$2,962
Ownwell’s Linn County Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Linn County with just two data points. Simply enter your property's estimated assessed value, and our calculator applies the median tax rate in Linn County to provide an estimate of your property tax bill. This tool offers valuable insights into your potential tax liabilities. If you’re interested in exploring trends at the city level, scroll down to access more localized information. Your property's assessed value is determined by the county for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Linn County, Iowa
Property taxes in Linn County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Linn County is 1.84%, which is higher than both the Iowa state median and the U.S. national median of 0.99%. Local government entities within Linn County set these rates annually, and they can vary significantly between different areas within the county. Each year, Linn 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 Linn County's effective property tax rate with other counties in Iowa and the national median. For comparison, the city of Marion has one of the higher property tax rates in Iowa at 2.13%, while the city of Viola boasts one of the lowest at 1.33%. Analyzing how Linn County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Linn County Tax Rate
1.84%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Linn County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alburnett | 1.40% | 1.45% | 1.76% | 1.82% | 1.88% |
| Amana | N/A | N/A | N/A | N/A | N/A |
| Anamosa | 1.40% | 1.46% | 1.53% | 1.68% | 1.81% |
| Cedar Rapids | 1.51% | 1.69% | 1.80% | 1.90% | 1.99% |
| Center Point | 1.53% | 1.60% | 2.01% | 2.09% | 2.15% |
| Central City | 1.39% | 1.47% | 1.61% | 1.79% | 1.89% |
| Coggon | 1.28% | 1.37% | 1.60% | 1.76% | 1.86% |
| Ely | 1.51% | 1.78% | 1.87% | 1.90% | 1.93% |
| Fairfax | 1.56% | 1.68% | 1.71% | 1.75% | 1.77% |
| Hiawatha | N/A | N/A | N/A | N/A | N/A |
| Lisbon | 1.81% | 1.91% | 1.95% | 2.04% | 2.04% |
| Marion | 2.01% | 2.08% | 2.13% | 2.22% | 2.22% |
| Martelle | 1.37% | 1.46% | 1.52% | 1.62% | 1.85% |
| Monticello | 1.41% | 1.54% | 1.63% | 1.74% | 1.90% |
| Mount Vernon | 1.51% | 1.57% | 2.00% | 2.04% | 2.10% |
| Palo | 1.35% | 1.47% | 1.83% | 1.88% | 1.94% |
| Prairieburg | 1.51% | 1.59% | 1.68% | 1.82% | 1.82% |
| Robins | 1.45% | 1.47% | 1.48% | 1.62% | 1.67% |
| Shellsburg | N/A | N/A | N/A | N/A | N/A |
| Solon | N/A | N/A | N/A | N/A | N/A |
| Springville | 1.37% | 1.41% | 1.77% | 1.87% | 1.95% |
| Swisher | 1.46% | 1.47% | 1.61% | 1.75% | 1.80% |
| Toddville | 1.33% | 1.37% | 1.39% | 1.43% | 1.49% |
| Viola | 1.26% | 1.30% | 1.33% | 1.42% | 14.80% |
| Walford | 1.68% | 1.70% | 1.71% | 1.72% | 1.77% |
| Walker | 1.33% | 1.46% | 1.73% | 1.80% | 1.87% |
Source: Ownwell
Property Tax Assessment Values Across Linn County, Iowa
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Linn County, IA. 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 Linn 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 Linn 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. For instance, Robins has the highest median tax bill at $4,483, while Prairieburg has the lowest at $1,404. Being aware of these valuation processes in Linn County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Linn County Assessed Value
$173,500
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Linn County, Iowa
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alburnett | $99,360 | $135,950 | $189,700 | $259,050 | $332,800 |
| Amana | N/A | N/A | N/A | N/A | N/A |
| Anamosa | $105,220 | $139,200 | $202,800 | $278,850 | $341,460 |
| Cedar Rapids | $70,900 | $117,700 | $166,900 | $240,300 | $333,200 |
| Center Point | $89,620 | $132,600 | $192,100 | $254,700 | $342,200 |
| Central City | $59,600 | $106,800 | $163,700 | $235,100 | $325,380 |
| Coggon | $41,100 | $81,900 | $131,250 | $185,750 | $266,410 |
| Ely | $97,650 | $164,175 | $244,300 | $311,800 | $386,450 |
| Fairfax | $128,400 | $173,000 | $233,100 | $299,900 | $353,080 |
| Hiawatha | N/A | N/A | N/A | N/A | N/A |
| Lisbon | $104,040 | $134,800 | $183,800 | $249,300 | $314,240 |
| Marion | $69,100 | $129,400 | $179,700 | $257,100 | $336,740 |
| Martelle | $145,730 | $165,425 | $226,100 | $287,300 | $358,990 |
| Monticello | $147,350 | $171,575 | $210,800 | $239,175 | $315,180 |
| Mount Vernon | $75,750 | $157,775 | $221,550 | $299,350 | $372,950 |
| Palo | $105,980 | $166,300 | $228,950 | $291,775 | $398,960 |
| Prairieburg | $18,480 | $55,900 | $80,400 | $104,700 | $136,200 |
| Robins | $174,980 | $222,775 | $296,800 | $370,700 | $463,150 |
| Shellsburg | N/A | N/A | N/A | N/A | N/A |
| Solon | N/A | N/A | N/A | N/A | N/A |
| Springville | $47,700 | $111,900 | $163,900 | $243,850 | $336,100 |
| Swisher | $204,420 | $213,900 | $245,600 | $295,800 | $407,600 |
| Toddville | $88,700 | $160,100 | $255,000 | $345,500 | $443,240 |
| Viola | $58,740 | $80,725 | $114,500 | $146,575 | $178,150 |
| Walford | $209,800 | $228,325 | $255,150 | $290,150 | $321,500 |
| Walker | $55,680 | $111,175 | $167,600 | $236,125 | $326,930 |
Source: Ownwell
Property Tax Bills Across Linn County, Iowa
In Linn County, IA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The tax rate is applied to this assessed value to calculate the annual tax bill. Several factors influence this calculation, including the property's market value, local tax rates, and any applicable exemptions or deductions. Homeowners in Linn County experience varied tax bills. For instance, the 25th percentile tax bill is around $2,366, while the 75th percentile reaches about $5,014. At the higher end, the 90th percentile tax bill can be as much as $7,243. The city of Robins has the highest median tax bill in the county at $4,483, whereas Prairieburg has the lowest at $1,404. Compared to the national median property tax rate of 0.99%, Linn County's tax bills reflect the local economic and market conditions, impacting homeowners differently based on their property's assessed value and location within the county.
Average Linn County Tax Bill
$3,328
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Linn County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alburnett | $1,721 | $2,390 | $3,213 | $4,311 | $5,501 |
| Amana | N/A | N/A | N/A | N/A | N/A |
| Anamosa | $1,731 | $2,337 | $3,097 | $4,310 | $5,612 |
| Cedar Rapids | $1,330 | $2,166 | $3,070 | $4,552 | $6,534 |
| Center Point | $1,868 | $2,643 | $3,600 | $4,976 | $6,768 |
| Central City | $1,036 | $1,874 | $2,772 | $3,864 | $5,284 |
| Coggon | $700 | $1,360 | $2,148 | $3,057 | $4,199 |
| Ely | $1,780 | $2,916 | $4,451 | $5,784 | $7,119 |
| Fairfax | $2,185 | $2,904 | $3,942 | $5,190 | $6,232 |
| Hiawatha | N/A | N/A | N/A | N/A | N/A |
| Lisbon | $2,138 | $2,681 | $3,632 | $4,895 | $6,415 |
| Marion | $2,117 | $2,938 | $4,134 | $5,996 | $9,009 |
| Martelle | $2,248 | $2,948 | $3,424 | $4,269 | $5,480 |
| Monticello | $2,491 | $2,771 | $3,278 | $3,903 | $4,782 |
| Mount Vernon | $2,224 | $3,242 | $4,348 | $5,990 | $8,423 |
| Palo | $1,800 | $2,898 | $3,852 | $5,234 | $6,630 |
| Prairieburg | $305 | $1,001 | $1,404 | $1,891 | $2,734 |
| Robins | $2,596 | $3,364 | $4,483 | $5,760 | $7,577 |
| Shellsburg | N/A | N/A | N/A | N/A | N/A |
| Solon | N/A | N/A | N/A | N/A | N/A |
| Springville | $1,389 | $2,200 | $3,008 | $4,314 | $7,800 |
| Swisher | $3,519 | $3,695 | $4,314 | $4,986 | $6,147 |
| Toddville | $1,438 | $2,388 | $3,635 | $5,023 | $6,559 |
| Viola | $839 | $1,114 | $1,549 | $2,123 | $4,231 |
| Walford | $3,620 | $3,915 | $4,396 | $5,038 | $5,583 |
| Walker | $1,087 | $2,031 | $2,882 | $3,863 | $5,563 |
Source: Ownwell