Van Buren County, Iowa Property Taxes
Median Van Buren County effective property tax rate: 1.04%, slightly higher than the national median of 1.02%.
Median Van Buren County home value: $93,400
Median annual Van Buren County tax bill: $987, $1,413 lower than the national median property tax bill of $2,400.
How are property taxes in Van Buren County calculated?
Property taxes in Van Buren 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 Keosauqua or another part of Van Buren County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Van Buren County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.04%
Estimate Property Tax Bill
$971
$901
Ownwell’s Van Buren County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Van Buren County with just two data points.
By entering your property's estimated assessed value, our calculator applies Van Buren 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 Van Buren County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Van Buren County, Iowa
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 Van Buren County Tax Rate
1.04%
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 Iowa Tax Rate
1.54%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Van Buren County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Birmingham | 0.82% | 0.93% | 1.03% | 1.17% | 1.30% |
| Bonaparte | 0.84% | 0.93% | 1.01% | 1.15% | 1.28% |
| Cantril | 0.88% | 1.01% | 1.10% | 1.25% | 1.36% |
| Douds | 0.75% | 0.87% | 0.95% | 1.05% | 1.22% |
| Eldon | N/A | N/A | N/A | N/A | N/A |
| Farmington | 0.84% | 0.99% | 1.13% | 1.32% | 1.38% |
| Hillsboro | 0.85% | 0.90% | 0.95% | 1.06% | 1.16% |
| Keosauqua | 0.82% | 0.93% | 1.03% | 1.14% | 1.25% |
| Libertyville | 0.94% | 0.98% | 1.13% | 1.21% | 1.33% |
| Milton | 0.86% | 0.98% | 1.10% | 1.21% | 1.32% |
| Mount Sterling | 0.75% | 0.89% | 0.97% | 1.09% | 1.22% |
| Selma | 0.96% | 1.05% | 1.15% | 1.23% | 1.32% |
| Stockport | 0.84% | 0.94% | 1.05% | 1.16% | 1.27% |
Source: Ownwell
Property Tax Assessment Values Across Van Buren County, Iowa
When examining property taxes in Van Buren 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 Van Buren County Assessor 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 Van Buren 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 Van Buren County.
For example, the median tax bill in Van Buren County is $1,316, with tax bills ranging significantly across the county. Hillsboro has the highest median home price at $129,360.
Median Van Buren County Market Value
$93,400
Median Iowa Market Value
$167,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Van Buren County, Iowa
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Birmingham | $22,440 | $53,245 | $92,390 | $143,510 | $222,430 |
| Bonaparte | $20,708 | $44,660 | $91,445 | $159,130 | $234,160 |
| Cantril | $25,154 | $54,590 | $94,090 | $145,300 | $221,600 |
| Douds | $14,228 | $47,308 | $88,580 | $154,295 | $211,434 |
| Eldon | N/A | N/A | N/A | N/A | N/A |
| Farmington | $22,934 | $43,010 | $70,555 | $112,038 | $177,768 |
| Hillsboro | $72,126 | $103,970 | $129,360 | $161,985 | $207,714 |
| Keosauqua | $36,116 | $67,845 | $118,640 | $183,585 | $257,020 |
| Libertyville | $51,265 | $70,575 | $114,500 | $179,318 | $192,745 |
| Milton | $14,697 | $34,000 | $73,545 | $138,290 | $211,538 |
| Mount Sterling | $13,424 | $41,375 | $79,710 | $157,158 | $239,680 |
| Selma | $9,762 | $18,045 | $62,500 | $116,155 | $172,164 |
| Stockport | $21,164 | $47,710 | $80,380 | $138,630 | $202,738 |
Source: Ownwell
Property Tax Bills Across Van Buren County, Iowa
In Van Buren County, IA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This value is then multiplied by the local tax rate to calculate the annual tax bill. Various factors influence the assessed value, including the property's location, size, and any improvements made. The tax rate is set by local taxing authorities and is used to fund essential services such as education, infrastructure, and public safety.
Homeowners in Van Buren County experience varying tax bills. The 25th percentile tax bill is $522, while the 75th percentile reaches $1,602, and the 90th percentile peaks at $2,314. The median property tax bill is considerably lower than the national median of $2,400, reflecting the county's more affordable real estate market. Libertyville has the highest median tax bill in the county at $1,316, while Selma has the lowest at $720. These differences highlight how location and property characteristics can significantly impact the financial responsibilities of homeowners.
Median Van Buren County Tax Bill
$987
Median Iowa Tax Bill
$2,508
Median United States Tax Bill
$2,400
Property Tax Bills Across Van Buren County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Birmingham | $238 | $545 | $964 | $1,448 | $2,220 |
| Bonaparte | $209 | $488 | $994 | $1,619 | $2,272 |
| Cantril | $299 | $619 | $1,005 | $1,572 | $2,172 |
| Douds | $152 | $426 | $877 | $1,550 | $2,121 |
| Eldon | N/A | N/A | N/A | N/A | N/A |
| Farmington | $240 | $468 | $802 | $1,240 | $1,750 |
| Hillsboro | $678 | $950 | $1,232 | $1,607 | $1,977 |
| Keosauqua | $316 | $691 | $1,234 | $1,881 | $2,646 |
| Libertyville | $634 | $782 | $1,316 | $1,808 | $2,136 |
| Milton | $172 | $344 | $780 | $1,438 | $2,277 |
| Mount Sterling | $125 | $413 | $734 | $1,587 | $2,305 |
| Selma | $134 | $221 | $720 | $1,419 | $2,180 |
| Stockport | $243 | $468 | $884 | $1,419 | $2,046 |
Source: Ownwell