Lyon County, Iowa Property Taxes
Median Lyon County effective property tax rate: 1.03%, slightly higher than the national median of 1.02%.
Median Lyon County home value: $190,560
Median annual Lyon County tax bill: $1,868, $532 lower than the national median property tax bill of $2,400.
How are property taxes in Lyon County calculated?
Property taxes in Lyon County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Rock Rapids or another part of Lyon County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lyon County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.03%
Estimate Property Tax Bill
$1,963
$1,821
Ownwell’s Lyon County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lyon County with just two data points.
By entering your property's estimated assessed value, our calculator applies Lyon County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Lyon County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Lyon County, Iowa
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Lyon County Tax Rate
1.03%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Iowa Tax Rate
1.54%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lyon County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alvord | 0.74% | 0.79% | 0.91% | 1.01% | 1.11% |
| Ashton | 0.81% | 0.83% | 0.87% | 1.01% | 1.15% |
| Boyden | N/A | N/A | N/A | N/A | N/A |
| Doon | 0.79% | 0.86% | 1.03% | 1.07% | 1.12% |
| George | 0.80% | 0.88% | 1.01% | 1.09% | 1.19% |
| Hull | 0.81% | 0.97% | 1.01% | 1.09% | 1.16% |
| Inwood | 0.77% | 0.82% | 0.98% | 1.04% | 1.09% |
| Larchwood | 0.75% | 0.79% | 0.96% | 1.13% | 1.16% |
| Lester | 0.80% | 0.85% | 0.87% | 0.92% | 0.96% |
| Little Rock | 0.84% | 0.91% | 1.12% | 1.28% | 1.37% |
| Rock Rapids | 0.80% | 0.91% | 1.21% | 1.28% | 1.37% |
| Rock Valley | 0.86% | 0.88% | 0.90% | 0.93% | 1.06% |
| Sheldon | N/A | N/A | N/A | N/A | N/A |
| Sibley | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Lyon County, Iowa
When examining property taxes in Lyon County, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Lyon County Assessor estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Lyon County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Lyon County.
For example, the median tax bill in Lyon County is $2,400, with tax bills ranging significantly across the county. Rock Valley has the highest median home price at $429,340.
Median Lyon County Market Value
$190,560
Median Iowa Market Value
$167,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lyon County, Iowa
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alvord | $65,430 | $91,552 | $165,660 | $319,475 | $511,865 |
| Ashton | $107,032 | $150,720 | $209,930 | $273,290 | $411,106 |
| Boyden | N/A | N/A | N/A | N/A | N/A |
| Doon | $83,475 | $131,902 | $217,620 | $311,488 | $429,500 |
| George | $45,042 | $76,330 | $136,270 | $230,010 | $376,252 |
| Hull | $175,706 | $266,500 | $415,660 | $544,080 | $687,116 |
| Inwood | $81,000 | $137,155 | $201,985 | $316,435 | $495,939 |
| Larchwood | $109,020 | $176,900 | $262,175 | $398,680 | $530,002 |
| Lester | $71,468 | $138,155 | $196,600 | $309,530 | $457,496 |
| Little Rock | $24,689 | $49,995 | $107,995 | $212,652 | $374,750 |
| Rock Rapids | $64,311 | $106,582 | $185,990 | $307,110 | $460,380 |
| Rock Valley | $171,084 | $300,205 | $429,340 | $623,640 | $727,770 |
| Sheldon | N/A | N/A | N/A | N/A | N/A |
| Sibley | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Lyon County, Iowa
In Lyon County, IA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in the county is $190,560, and property tax rates are applied to this value to determine the annual tax bill. Homeowners in Lyon County experience a range of tax bills, with the 25th percentile at $1,129 and the 75th percentile reaching $3,015. The 90th percentile sees tax bills as high as $4,328.
Factors influencing these bills include the property's market value, location, and any applicable exemptions or deductions. For instance, Rock Valley boasts the highest median tax bill in the county at $3,604, while Little Rock has the lowest at $1,162. Compared to the national median property tax bill of $2,400, Lyon County's rates can vary significantly, impacting homeowners differently across the region. Understanding these factors is crucial for homeowners to anticipate their financial obligations and plan accordingly.
Median Lyon County Tax Bill
$1,868
Median Iowa Tax Bill
$2,508
Median United States Tax Bill
$2,400
Property Tax Bills Across Lyon County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alvord | $597 | $898 | $1,470 | $2,664 | $4,376 |
| Ashton | $1,018 | $1,357 | $1,736 | $2,500 | $4,629 |
| Boyden | N/A | N/A | N/A | N/A | N/A |
| Doon | $808 | $1,342 | $2,044 | $3,035 | $4,008 |
| George | $472 | $764 | $1,265 | $2,048 | $3,584 |
| Hull | $1,502 | $2,766 | $3,290 | $6,049 | $7,476 |
| Inwood | $766 | $1,280 | $1,900 | $2,946 | $4,280 |
| Larchwood | $1,028 | $1,742 | $2,476 | $3,525 | $4,365 |
| Lester | $755 | $1,182 | $1,682 | $2,690 | $3,899 |
| Little Rock | $262 | $538 | $1,162 | $2,268 | $3,799 |
| Rock Rapids | $756 | $1,224 | $2,026 | $3,126 | $4,772 |
| Rock Valley | $1,265 | $2,608 | $3,604 | $4,478 | $7,463 |
| Sheldon | N/A | N/A | N/A | N/A | N/A |
| Sibley | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell