Plover, Iowa Property Taxes
The median property tax rate in Plover, IA is 1.14%, slightly higher than the national median of 0.99% but below the Iowa state median of 1.54%. With the median home value in Plover, the typical annual property tax bill is $47, which is significantly lower than the national median of $2,690. Property taxes in Plover are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Plover's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Plover or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Plover, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$63
Ownwell’s Plover Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Plover with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Plover to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Plover, Iowa
Property taxes in Plover, Iowa, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Plover is 1.14%, higher than both the Iowa state median and the U.S. national median of 0.99%. Local government entities within Plover set these rates annually, and they can vary significantly across different neighborhoods. Each year, Plover estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Plover's effective property tax rate to other counties in Iowa and the national median. For comparison, the 50573 zip code has both the highest and lowest median property tax rate of 1.14%. Understanding how these cities compare with Plover provides valuable insights into the varying tax landscape across Pocahontas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Plover Tax Rate
1.14%
Average Pocahontas County Tax Rate
1.38%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Plover, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50573 | 0.69% | 1.01% | 1.14% | 1.32% | 1.42% |
Source: Ownwell
Property Tax Assessment Values Across Plover, Iowa
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Plover, Iowa. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Pocahontas County Appraisal District for tax purposes. In contrast, the assessed value 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. In Plover, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For instance, properties in the 25th percentile have tax bills around $20, while those in the 75th percentile face bills closer to $156, and the 90th percentile sees bills up to $294. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Plover helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Plover Assessed Value
$5,505
Average Pocahontas County Assessed Value
$72,338
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Plover, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50573 | $1,320 | $2,208 | $5,505 | $12,236 | $30,636 |
Source: Ownwell
Property Tax Bills Across Plover, Iowa
In Plover, Pocahontas County, IA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is a percentage of the market value of the property. Once the assessed value is established, the local tax rate is applied to calculate the annual property tax bill. For example, with a median home price of $5,505, homeowners in Plover can expect a range of tax bills. The 25th percentile tax bill is around $20, while the 75th percentile tax bill reaches $156, and the 90th percentile tax bill can be as high as $294. Several factors influence the tax bill, including property size, location, and improvements. These taxes fund essential community services like schools, emergency services, and infrastructure. Homeowners in Plover should be aware of these factors as they can significantly impact their annual expenses. Comparing this to the national median property tax rate of 0.99%, Plover's property tax rates offer a unique perspective on local property taxation.
Average Plover Tax Bill
$47
Average Pocahontas County Tax Bill
$919
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Plover, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50573 | $14 | $20 | $47 | $156 | $294 |
Source: Ownwell