Muscatine County, Iowa Property Taxes
The median property tax rate in Muscatine County is 1.67%, 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 Muscatine County, the typical annual property tax bill reaches $2,396, which is below the national median of $2,690. Property taxes in Muscatine 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 Muscatine 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 Muscatine or another part of Muscatine County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Muscatine County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$2,478
$2,300
Ownwell’s Muscatine Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Muscatine with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Muscatine 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 Muscatine County, Iowa
Property taxes in Muscatine play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Muscatine is 1.67%, which is higher than both the Iowa state median and the U.S. national median of 0.99%. Local government entities within Muscatine set these rates annually, and they can vary significantly between different areas within the county. Each year, Muscatine 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. For comparison, the city of Muscatine has one of the higher property tax rates in Iowa at 1.72%, while the city of Durant boasts one of the lowest at 1.16%. Analyzing how Muscatine's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Muscatine County Tax Rate
1.67%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Muscatine County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atalissa | 1.15% | 1.22% | 1.31% | 1.38% | 1.46% |
| Blue Grass | 1.23% | 1.32% | 1.37% | 1.47% | 1.60% |
| Conesville | 1.05% | 1.15% | 1.24% | 1.27% | 1.35% |
| Davenport | N/A | N/A | N/A | N/A | N/A |
| Durant | 0.27% | 1.05% | 1.16% | 1.54% | 1.64% |
| Fruitland | 1.21% | 1.23% | 1.25% | 1.29% | 1.31% |
| Letts | 0.94% | 1.08% | 1.21% | 1.32% | 1.39% |
| Montpelier | 1.05% | 1.16% | 1.22% | 1.30% | 1.41% |
| Moscow | 1.08% | 1.13% | 1.17% | 1.24% | 1.30% |
| Muscatine | 1.20% | 1.45% | 1.72% | 1.84% | 1.95% |
| Nichols | 1.07% | 1.13% | 1.29% | 1.55% | 1.67% |
| Stockton | 1.05% | 1.10% | 1.28% | 1.44% | 1.55% |
| Walcott | N/A | N/A | N/A | N/A | N/A |
| West Liberty | 1.19% | 1.33% | 1.59% | 1.69% | 1.71% |
| Wilton | 1.27% | 1.64% | 1.69% | 1.77% | 1.79% |
Source: Ownwell
Property Tax Assessment Values Across Muscatine County, Iowa
In Muscatine 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 Muscatine 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 Muscatine 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. Muscatine County's median home price is $148,385, with tax bills ranging significantly. For instance, Walcott has the highest median tax bill at $3,934, while Conesville has the lowest at $804. Being aware of these valuation processes in Muscatine County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Muscatine County Assessed Value
$148,385
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Muscatine County, Iowa
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atalissa | $18,952 | $43,100 | $115,270 | $177,840 | $252,366 |
| Blue Grass | $104,320 | $202,480 | $280,140 | $356,790 | $445,816 |
| Conesville | $15,600 | $29,140 | $64,010 | $106,570 | $148,098 |
| Davenport | N/A | N/A | N/A | N/A | N/A |
| Durant | $166,650 | $252,058 | $308,875 | $380,910 | $458,668 |
| Fruitland | $132,226 | $186,262 | $239,435 | $285,232 | $331,047 |
| Letts | $46,665 | $117,630 | $173,235 | $238,942 | $322,026 |
| Montpelier | $42,618 | $58,600 | $81,830 | $110,555 | $149,242 |
| Moscow | $52,640 | $88,070 | $156,610 | $244,375 | $339,820 |
| Muscatine | $61,340 | $91,748 | $138,810 | $224,602 | $325,718 |
| Nichols | $46,938 | $87,262 | $135,910 | $219,080 | $308,403 |
| Stockton | $48,788 | $93,608 | $162,260 | $248,122 | $337,551 |
| Walcott | N/A | N/A | N/A | N/A | N/A |
| West Liberty | $79,056 | $126,200 | $174,740 | $249,110 | $342,176 |
| Wilton | $71,529 | $123,925 | $164,360 | $217,285 | $284,467 |
Source: Ownwell
Property Tax Bills Across Muscatine County, Iowa
Property tax bills in Muscatine County, Iowa, are calculated based on the assessed value of a property, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the assessed value, including the property’s market value, location, and any improvements or modifications made to the property. Homeowners in Muscatine County experience varying tax bills depending on these factors. For instance, the tax bill at the 25th percentile is $1,614, while at the 75th percentile, it rises to $3,414. At the 90th percentile, homeowners can expect to pay around $4,584. In comparison, the national median property tax rate is 0.99%. Cities within the county also show significant variation. Walcott has the highest median tax bill at $3,934, whereas Conesville has the lowest at $804. These disparities can significantly impact homeowners, influencing decisions on property investments and overall financial planning.
Average Muscatine County Tax Bill
$2,396
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Muscatine County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atalissa | $262 | $618 | $1,446 | $2,235 | $3,237 |
| Blue Grass | $1,304 | $2,736 | $3,824 | $5,006 | $6,086 |
| Conesville | $206 | $380 | $804 | $1,338 | $1,834 |
| Davenport | N/A | N/A | N/A | N/A | N/A |
| Durant | $826 | $2,402 | $3,622 | $5,354 | $6,675 |
| Fruitland | $1,564 | $2,270 | $2,986 | $3,592 | $4,198 |
| Letts | $830 | $1,353 | $2,088 | $2,904 | $3,903 |
| Montpelier | $513 | $753 | $956 | $1,391 | $1,936 |
| Moscow | $702 | $1,128 | $1,840 | $2,926 | $3,799 |
| Muscatine | $1,134 | $1,638 | $2,354 | $3,410 | $4,638 |
| Nichols | $670 | $1,206 | $1,813 | $2,596 | $3,674 |
| Stockton | $733 | $1,304 | $1,914 | $2,864 | $4,226 |
| Walcott | N/A | N/A | N/A | N/A | N/A |
| West Liberty | $1,248 | $1,985 | $2,720 | $3,591 | $4,682 |
| Wilton | $1,134 | $2,034 | $2,706 | $3,498 | $4,425 |
Source: Ownwell