Sac County, Iowa Property Taxes
The median property tax rate in Sac County is 1.14%, which is higher than the national median of 0.99% but below the Iowa state median of 1.54%. With a median home value of $117,660 in Sac County, the typical annual property tax bill amounts to $1,376, which is notably lower than the national median of $2,690. Property taxes in Sac County are calculated based on the tax assessed value, which is often less than the actual market value due to various property tax exemptions such as those for primary residences and agricultural properties. Understanding Sac County's unique property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to significant annual savings. Whether you reside in Sac City or another part of Sac County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sac County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$1,341
$1,245
Ownwell’s Sac County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Sac County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Sac County 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 Sac County, Iowa
Property taxes in Sac County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Sac County is 1.14%, which is higher than both the Iowa state median and the U.S. national median of 0.99%. Local government entities within Sac County set these rates annually, and they can vary significantly between different areas within the county. Each year, Sac County 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. The following data compares Sac County's effective property tax rate with other counties in Iowa and the national median. For comparison, the city of Sac City has one of the higher property tax rates in Iowa at 1.47%, while the city of Newell boasts one of the lowest at 0.95%. Analyzing how Sac County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Sac County Tax Rate
1.14%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sac County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arthur | N/A | N/A | N/A | N/A | N/A |
| Auburn | 0.92% | 0.99% | 1.23% | 1.46% | 1.50% |
| Breda | 0.87% | 0.93% | 0.97% | 0.99% | 1.07% |
| Carnarvon | N/A | N/A | N/A | N/A | N/A |
| Early | 0.86% | 0.93% | 1.15% | 1.32% | 1.37% |
| Fonda | N/A | N/A | N/A | N/A | N/A |
| Galva | 0.72% | 0.91% | 0.97% | 1.11% | 1.20% |
| Kiron | 0.94% | 0.98% | 1.06% | 1.20% | 1.24% |
| Lake View | 0.89% | 0.98% | 1.05% | 1.12% | 1.25% |
| Lytton | 0.85% | 0.94% | 1.04% | 1.21% | 1.26% |
| Nemaha | 0.86% | 0.90% | 1.04% | 1.32% | 1.50% |
| Newell | 0.86% | 0.88% | 0.95% | 1.10% | 1.21% |
| Odebolt | 0.99% | 1.11% | 1.26% | 1.42% | 1.46% |
| Sac City | 0.93% | 1.15% | 1.47% | 1.61% | 1.68% |
| Schaller | 0.86% | 0.94% | 1.10% | 1.24% | 1.30% |
| Storm Lake | N/A | N/A | N/A | N/A | N/A |
| Vail | N/A | N/A | N/A | N/A | N/A |
| Wall Lake | 0.92% | 1.01% | 1.09% | 1.19% | 1.23% |
Source: Ownwell
Property Tax Assessment Values Across Sac County, Iowa
In Sac 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 Sac 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 Sac 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. For instance, Arthur has the highest median tax bill at $2,978, while Carnarvon has the lowest at $368. Being aware of these valuation processes in Sac County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Sac County Assessed Value
$117,660
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sac County, Iowa
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arthur | N/A | N/A | N/A | N/A | N/A |
| Auburn | $23,383 | $55,478 | $98,800 | $188,482 | $302,432 |
| Breda | $127,330 | $146,920 | $213,570 | $331,140 | $463,820 |
| Carnarvon | N/A | N/A | N/A | N/A | N/A |
| Early | $25,966 | $59,625 | $105,690 | $172,050 | $243,668 |
| Fonda | N/A | N/A | N/A | N/A | N/A |
| Galva | $150,044 | $161,152 | $234,575 | $318,535 | $352,636 |
| Kiron | $78,084 | $128,340 | $199,620 | $291,670 | $410,282 |
| Lake View | $28,674 | $88,070 | $168,190 | $291,185 | $481,032 |
| Lytton | $16,840 | $42,520 | $73,140 | $150,260 | $222,730 |
| Nemaha | $7,845 | $41,820 | $132,430 | $256,352 | $353,224 |
| Newell | $104,586 | $119,800 | $173,430 | $235,080 | $348,620 |
| Odebolt | $21,766 | $53,410 | $98,580 | $169,060 | $283,672 |
| Sac City | $23,138 | $54,890 | $109,250 | $177,930 | $261,854 |
| Schaller | $30,132 | $57,240 | $105,690 | $182,440 | $292,010 |
| Storm Lake | N/A | N/A | N/A | N/A | N/A |
| Vail | N/A | N/A | N/A | N/A | N/A |
| Wall Lake | $11,108 | $57,475 | $110,160 | $198,790 | $315,176 |
Source: Ownwell
Property Tax Bills Across Sac County, Iowa
In Sac County, IA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and market conditions are considered in the assessment process. For example, the median home price in Sac County is $117,660. Property tax bills can vary significantly, with the 25th percentile tax bill at $709 and the 75th percentile reaching $2,324. Homeowners in the 90th percentile face tax bills as high as $3,556. The city of Arthur has the highest median tax bill at $2,978, while Carnarvon has the lowest at $368. These variations illustrate how local factors and property values impact tax bills, affecting homeowners differently across the county. Compared to the national median property tax rate of 0.99%, Sac County's rates can lead to diverse financial implications for its residents.
Average Sac County Tax Bill
$1,376
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Sac County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arthur | N/A | N/A | N/A | N/A | N/A |
| Auburn | $340 | $750 | $1,248 | $2,044 | $2,968 |
| Breda | $1,224 | $1,542 | $2,050 | $3,140 | $4,520 |
| Carnarvon | N/A | N/A | N/A | N/A | N/A |
| Early | $321 | $665 | $1,178 | $1,838 | $2,545 |
| Fonda | N/A | N/A | N/A | N/A | N/A |
| Galva | $1,105 | $1,568 | $2,384 | $2,926 | $3,829 |
| Kiron | $883 | $1,192 | $2,210 | $3,238 | $4,137 |
| Lake View | $273 | $908 | $1,712 | $3,068 | $5,032 |
| Lytton | $146 | $381 | $754 | $1,471 | $2,329 |
| Nemaha | $82 | $462 | $1,288 | $2,448 | $3,494 |
| Newell | $1,114 | $1,220 | $1,526 | $2,342 | $3,818 |
| Odebolt | $271 | $649 | $1,258 | $2,125 | $3,172 |
| Sac City | $298 | $764 | $1,472 | $2,346 | $3,396 |
| Schaller | $331 | $634 | $1,186 | $1,998 | $2,956 |
| Storm Lake | N/A | N/A | N/A | N/A | N/A |
| Vail | N/A | N/A | N/A | N/A | N/A |
| Wall Lake | $129 | $586 | $1,191 | $2,192 | $3,309 |
Source: Ownwell