Urbandale, Polk County, Iowa Property Taxes
The median property tax rate in Urbandale, IA is 1.65%, considerably higher than both the national median of 0.99% and the Iowa state median of 1.54%. With the median home value in Urbandale at $278,800, the typical annual property tax bill reaches $4,518, exceeding the national median of $2,690. Property taxes in Urbandale are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Urbandale's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Urbandale 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
Urbandale, Polk County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.65%
Estimate Property Tax Bill
$4,600
$4,269
Ownwell’s Urbandale Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Urbandale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Urbandale to provide an estimated property tax bill. This insightful tool helps you understand potential tax liabilities. For those interested in seeing trends on a neighborhood level, more localized information is available just below. Your property’s assessed value is determined by Polk County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Urbandale, Polk County, Iowa
Property taxes in Urbandale, Iowa, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Urbandale is 1.65%, significantly higher than both the Iowa state median and the U.S. national median of 0.99%. Local government entities within Urbandale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Urbandale 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 Urbandale's effective property tax rate to other areas in Polk County and the national median. For comparison, the 50323 zip code has the highest median property tax rate of 1.65%, while the 50322 zip code has the lowest median tax rate of 1.64%. Understanding how these areas compare with Urbandale provides valuable insights into the varying tax landscape across Polk County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Urbandale Tax Rate
1.65%
Average Polk County Tax Rate
1.69%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Urbandale, Polk County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50322 | 1.46% | 1.51% | 1.64% | 1.72% | 1.78% |
| 50323 | 1.45% | 1.63% | 1.65% | 1.70% | 1.75% |
Source: Ownwell
Property Tax Assessment Values Across Urbandale, Polk County, Iowa
In Urbandale, Iowa, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 Polk County Assessor 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 Urbandale, 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. For instance, the highest median tax bill in Urbandale is $6,358 in the 50323 zip code, while the lowest is $4,322 in the 50322 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Urbandale, Polk County, Iowa
Source: Ownwell
$2,050
$223,775
$445,500
Average Urbandale Assessed Value
$278,800
Average Polk County Assessed Value
$231,500
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Urbandale, Polk County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50322 | $163,400 | $217,400 | $265,000 | $326,800 | $386,000 |
| 50323 | $280,260 | $330,800 | $393,100 | $497,775 | $676,450 |
Source: Ownwell
Property Tax Bills Across Urbandale, Polk County, Iowa
In Urbandale, property tax bills are calculated based on the assessed value of a home, which reflects its market value. The local tax rate in Polk County is applied to this assessed value to determine the final tax bill. For instance, with a median home price of $278,800, homeowners can expect a tax bill that varies significantly depending on their property's value and location within the city. Several factors influence the tax bill, including the specific zip code. For instance, homes in the 50323 zip code have the highest median tax bill at $6,358, while those in the 50322 zip code have a lower median tax bill at $4,322. Additionally, tax bills can vary within percentiles, with the 25th percentile at $3,770 and the 75th percentile at $5,580. The 90th percentile tax bill can go up to $6,854. These variations impact homeowners by affecting their annual expenses and potentially influencing property values and resale opportunities. Understanding these factors is crucial for financial planning and long-term investment decisions.
Average Urbandale Tax Bill
$4,518
Average Polk County Tax Bill
$3,904
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Urbandale, Polk County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50322 | $2,744 | $3,656 | $4,322 | $5,164 | $6,186 |
| 50323 | $4,697 | $5,477 | $6,358 | $8,078 | $11,040 |
Source: Ownwell