Sergeant Bluff, Iowa Property Taxes
The median property tax rate in Sergeant Bluff, IA is 1.35%, which is higher than the national median of 0.99% but lower than the Iowa state median of 1.54%. With the median home value in Sergeant Bluff, the typical annual property tax bill reaches $3,614, surpassing the national median of $2,690. Property taxes in Sergeant Bluff 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 Sergeant Bluff'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 Sergeant Bluff 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
Sergeant Bluff, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.35%
Estimate Property Tax Bill
$3,920
Ownwell’s Sergeant Bluff Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sergeant Bluff with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sergeant Bluff 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 the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Sergeant Bluff, Iowa
Property taxes in Sergeant Bluff, Iowa, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sergeant Bluff is 1.35%, higher than both the Iowa state median and the U.S. national median of 0.99%. Local government entities within Sergeant Bluff set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sergeant Bluff 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 Sergeant Bluff's effective property tax rate to other counties in Iowa and the national median. For comparison, the 51054 zip code has the highest median property tax rate of 1.35%, while the 51054 zip code also has the lowest median tax rate of 1.35%. Understanding how these cities compare with Sergeant Bluff provides valuable insights into the varying tax landscape across Woodbury County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sergeant Bluff Tax Rate
1.35%
Average Woodbury County Tax Rate
1.52%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sergeant Bluff, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 51054 | 0.86% | 1.15% | 1.35% | 1.45% | 1.52% |
Source: Ownwell
Property Tax Assessment Values Across Sergeant Bluff, Iowa
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Sergeant Bluff, Iowa. 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 local appraisal district 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 Sergeant Bluff, 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 Sergeant Bluff helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Sergeant Bluff is $290,360, with tax bills ranging from $2,177 at the 25th percentile to $5,820 at the 90th percentile. The highest and lowest median tax bills are both $3,614, found in the 51054 zip code.
Average Sergeant Bluff Assessed Value
$290,360
Average Woodbury County Assessed Value
$157,600
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sergeant Bluff, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 51054 | $90,454 | $193,775 | $290,360 | $368,482 | $462,421 |
Source: Ownwell
Property Tax Bills Across Sergeant Bluff, Iowa
In Sergeant Bluff, located in Woodbury County, IA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and reflects the property's market value. Homeowners in this region experience varying tax bills, with the 25th percentile paying around $2,177 annually, while those in the 75th percentile see bills closer to $4,876. At the 90th percentile, tax bills can reach up to $5,820. Several factors influence these tax bills, including the property's size, location, and any improvements made. The local tax rate, which is applied to the assessed value, also plays a significant role. For comparison, the national median property tax rate stands at 0.99%, highlighting how local rates can significantly impact homeowners' finances. Understanding these factors is crucial for homeowners as property taxes contribute to community services and infrastructure. By being aware of how property tax bills are determined, homeowners can better anticipate their financial obligations and plan accordingly.
Average Sergeant Bluff Tax Bill
$3,614
Average Woodbury County Tax Bill
$2,352
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Sergeant Bluff, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 51054 | $1,064 | $2,177 | $3,614 | $4,876 | $5,820 |
Source: Ownwell