Leclaire, Iowa Property Taxes
The median property tax rate in LeClaire, IA is 0.84%, which is notably lower than both the national median of 0.99% and the Iowa state median of 1.54%. With the median home value in LeClaire at $126,650, the typical annual property tax bill reaches $4,514, significantly surpassing the national median of $2,690. Property taxes in LeClaire 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 LeClaire'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 LeClaire or another part of Scott County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Leclaire, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.84%
Estimate Property Tax Bill
$1,064
Ownwell’s LeClaire Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in LeClaire with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in LeClaire 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 Scott County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Leclaire, Iowa
Property taxes in LeClaire, Iowa, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in LeClaire is 0.84%, which is lower than the U.S. national median of 0.99%. Local government entities within LeClaire set these rates annually, and they can vary significantly across different neighborhoods. Each year, LeClaire 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 LeClaire's effective property tax rate to other counties in Iowa and the national median. For comparison, the zip code 52753 has both the highest and lowest median property tax rate of 0.84%. Understanding how these areas compare with LeClaire provides valuable insights into the varying tax landscape across Scott County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Leclaire Tax Rate
0.84%
Average Scott County Tax Rate
1.63%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Leclaire, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52753 | 0.20% | 0.44% | 0.84% | 1.24% | 1.48% |
Source: Ownwell
Property Tax Assessment Values Across Leclaire, Iowa
In LeClaire, 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 Scott 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 LeClaire, 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. Being aware of these valuation processes in LeClaire helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. LeClaire's median home price stands at $126,650, with tax bills ranging from $2,300 at the 25th percentile to $8,056 at the 90th percentile. The highest and lowest median tax bills are both found in zip code 52753, amounting to $4,514.
Average Leclaire Assessed Value
$126,650
Average Scott County Assessed Value
$184,110
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Leclaire, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52753 | $7,210 | $123,775 | $126,650 | $212,050 | $253,350 |
Source: Ownwell
Property Tax Bills Across Leclaire, Iowa
In LeClaire, located in Scott 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. Several factors influence the assessed value, including the property's market value, location, and any improvements or renovations made to the home. For homeowners in LeClaire, the median home price stands at $126,650. Property tax bills can vary significantly, with the 25th percentile tax bill being $2,300 and the 75th percentile reaching $6,728. At the higher end, the 90th percentile tax bill is $8,056. Comparatively, the highest median tax bill in the area is $4,514 in the 52753 zip code. These property taxes play a crucial role in funding local services such as schools, public safety, and infrastructure. Understanding how these taxes are calculated can help homeowners better manage their finances and anticipate annual expenses.
Average Leclaire Tax Bill
$4,514
Average Scott County Tax Bill
$2,966
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Leclaire, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52753 | $972 | $2,300 | $4,514 | $6,728 | $8,056 |
Source: Ownwell