Huxley, Polk County, Iowa Property Taxes

Name: Property Tax Bills Across Huxley, Polk County, Iowa
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Huxley, IA effective property tax rate: 1.56%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Huxley, IA home value: $274,400
Median annual Huxley, IA tax bill: $4,491, $2,091 higher than the national median property tax bill of $2,400.

How are property taxes in Polk County calculated?

Property taxes in Huxley, IA 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 Huxley’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Huxley, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Huxley, Polk County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.56%

Estimate Property Tax Bill

$4,281

$3,972

Ownwell’s Huxley Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Huxley with just two data points. By entering your property's estimated assessed value, our calculator applies Huxley’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 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 Polk County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Huxley, Polk County, Iowa

Local government entities set tax rates, which can vary widely within a state. Each county, like Polk County, estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting these rates and budgets, this is the essence of the annual process.

In Huxley, located in Polk County, the effective property tax rate stands out when compared to other cities in Iowa. The median property tax rate in Iowa is notably higher than the national median property tax rate of 1.02%. This reflects the varying financial needs and property values within the region. Huxley's rate, in particular, is significant as it matches both the highest and lowest median tax rates in the county, illustrating a unique consistency in property tax assessments within this area. By understanding these nuances, property owners can better navigate the complexities of property taxes and make informed decisions regarding appeals and exemptions.

Property Tax Rates Across Huxley, Polk County, Iowa

Source: Ownwell

1.33%

1.70%

2.06%

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 Huxley Tax Rate

1.56%

Median Effective Polk County Tax Rate

1.69%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Huxley, Polk County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
50124	1.51%	1.53%	1.56%	1.71%	1.98%

Source: Ownwell

Property Tax Assessment Values Across Huxley, Polk County, Iowa

When examining property taxes in Huxley, IA, 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 Polk County Assessor's Office 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.

In Polk County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Huxley. For example, the median home price in Huxley is $274,400, with tax bills ranging significantly across the county. Zip code 50124 has the highest median home price at $274,400.

Property Tax Assessment Values Across Huxley, Polk County, Iowa

Source: Ownwell

$2,050

$223,775

$445,500

Median Huxley Market Value

$274,400

Median Polk County Market Value

$231,500

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Huxley, Polk County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
50124	$136,325	$220,685	$274,400	$359,920	$528,770

Source: Ownwell

Property Tax Bills Across Huxley, Polk County, Iowa

In Huxley, located in Polk County, IA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The median home price in Huxley is $274,400, and the assessed value is typically a percentage of this market value. The property tax rate is applied to this assessed value to calculate the tax bill. Factors such as the home's location, size, and improvements can influence the assessed value, impacting the final tax bill. Homeowners in Huxley face a median property tax bill significantly higher than the national median of $2,400, with the 25th percentile at $4,002 and the 75th percentile reaching $5,498. This can place a substantial financial burden on homeowners. Ownwell offers valuable assistance by helping homeowners appeal their property tax assessments, potentially lowering their tax bills. By leveraging expert knowledge and understanding of local tax regulations, Ownwell can identify discrepancies in assessments and secure savings for homeowners, making property ownership more affordable.

Property Tax Bills Across Huxley, Polk County, Iowa

Source: Ownwell

$28

$3,264

$6,500

Median Huxley Tax Bill

$4,491

Median Polk County Tax Bill

$3,904

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Huxley, Polk County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
50124	$2,346	$4,002	$4,491	$5,498	$8,245

Source: Ownwell