Taylor County, Iowa Property Taxes

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

Median Taylor County effective property tax rate: 1.27%, significantly higher than the national median of 1.02%.
Median Taylor County home value: $80,810
Median annual Taylor County tax bill: $1,036, $1,364 lower than the national median property tax bill of $2,400.

How are property taxes in Taylor County calculated?

Property taxes in Taylor County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Bedford or another part of Taylor County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Taylor County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.27%

Estimate Property Tax Bill

$1,026

$952

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

Property Tax Rates Across Taylor County, Iowa

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Taylor County's effective property tax rate to other counties in Iowa or the U.S. median property tax rate. Taylor County has a median property tax rate of 1.27%, which is higher than the national median of 1.02%. Within the county, Lenox has the highest median tax rate at 1.46%, while Corning boasts the lowest at 1.06%. This variability highlights the importance of understanding local tax rates, as they can significantly impact property tax bills. The national median property tax bill is $2400, and comparing this to local figures can provide insight into potential savings through property tax appeals. Understanding these nuances can empower property owners to make informed decisions about their property taxes.

Property Tax Rates Across Taylor County, Iowa

Source: Ownwell

1.06%

1.26%

1.46%

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 Taylor County Tax Rate

1.27%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Taylor County, Iowa

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bedford	0.93%	1.05%	1.25%	1.42%	1.61%
Blockton	0.65%	0.99%	1.20%	1.62%	1.88%
Clarinda	N/A	N/A	N/A	N/A	N/A
Clearfield	0.92%	1.12%	1.32%	1.55%	1.70%
Corning	0.92%	0.94%	1.06%	1.24%	1.56%
Gravity	0.70%	0.96%	1.12%	1.43%	1.61%
Lenox	1.13%	1.29%	1.46%	1.57%	1.70%
New Market	0.84%	0.98%	1.10%	1.29%	1.46%
Nodaway	0.77%	1.02%	1.13%	1.24%	1.73%
Sharpsburg	0.94%	1.12%	1.43%	1.82%	2.12%
Villisca	0.93%	1.02%	1.12%	1.20%	1.49%

Source: Ownwell

Property Tax Assessment Values Across Taylor County, Iowa

When examining property taxes in Taylor County, 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 Taylor 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. Assessment notices: In Taylor County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Taylor County. For example, the median tax bill in Taylor County is $1,888, with tax bills ranging significantly across the county. Villisca has the highest median home price at $172,510.

Property Tax Assessment Values Across Taylor County, Iowa

Source: Ownwell

$25,575

$99,043

$172,510

Median Taylor County Market Value

$80,810

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Taylor County, Iowa

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bedford	$9,800	$36,815	$84,490	$153,910	$265,060
Blockton	$1,672	$6,828	$25,575	$82,838	$252,197
Clarinda	N/A	N/A	N/A	N/A	N/A
Clearfield	$8,210	$24,500	$62,790	$119,535	$199,970
Corning	$42,536	$95,475	$137,440	$206,945	$319,018
Gravity	$1,626	$7,688	$32,935	$97,122	$197,311
Lenox	$31,644	$60,300	$101,880	$165,490	$246,598
New Market	$19,978	$44,815	$91,115	$154,548	$259,334
Nodaway	$23,056	$41,825	$77,470	$176,105	$387,314
Sharpsburg	$7,778	$12,760	$33,530	$106,160	$187,242
Villisca	$46,790	$115,940	$172,510	$210,050	$306,522

Source: Ownwell

Property Tax Bills Across Taylor County, Iowa

In Taylor County, IA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in the area is $80,810, and the property tax rate is applied to this assessed value to determine the tax bill. Homeowners in Taylor County experience a range of property tax bills. For example, the 25th percentile tax bill is $403, while the 75th percentile reaches $1,883. At the upper end, the 90th percentile tax bill can be as high as $3,024. These figures highlight the variation in tax bills across different properties. In the city of Villisca, the highest median tax bill is $1,888, whereas Blockton has the lowest median tax bill at $324. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Taylor County's tax bills can be considered relatively moderate. Understanding these factors helps homeowners anticipate their annual financial obligations and manage their budgets effectively.

Property Tax Bills Across Taylor County, Iowa

Source: Ownwell

$324

$1,106

$1,888

Median Taylor County Tax Bill

$1,036

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Taylor County, Iowa

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bedford	$123	$426	$1,018	$1,852	$2,988
Blockton	$22	$62	$324	$1,122	$2,662
Clarinda	N/A	N/A	N/A	N/A	N/A
Clearfield	$113	$292	$870	$1,616	$2,727
Corning	$719	$998	$1,486	$2,362	$3,418
Gravity	$14	$78	$324	$1,138	$2,135
Lenox	$454	$874	$1,484	$2,402	$3,621
New Market	$178	$487	$1,068	$1,812	$2,708
Nodaway	$160	$490	$909	$1,936	$3,596
Sharpsburg	$102	$184	$490	$1,480	$2,494
Villisca	$553	$1,409	$1,888	$2,375	$3,356

Source: Ownwell