Saint Ansgar, Iowa Property Taxes
The median property tax rate in Saint Ansgar, IA is 0.97%, which is slightly lower than the national median of 0.99% but significantly below the Iowa state median of 1.54%. With a median home value of $199,944 in Saint Ansgar, the typical annual property tax bill amounts to $1,909, falling well under the national median of $2,690. Property taxes in Saint Ansgar are determined based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Gaining a thorough understanding of Saint Ansgar’s property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether residing in the heart of Saint Ansgar or its surrounding areas, mastering the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Saint Ansgar, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.97%
Estimate Property Tax Bill
$1,939
Ownwell’s Saint Ansgar Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Ansgar with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Ansgar 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 Saint Ansgar, Iowa
Property taxes in Saint Ansgar, Iowa, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Ansgar is 0.97%, slightly below the U.S. national median of 0.99%. Local government entities within Saint Ansgar set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Ansgar 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 Saint Ansgar's effective property tax rate to other areas in Worth County and the national median. For comparison, the zip code 50472 has the highest median property tax rate of 0.97%, while the same zip code also has the lowest median tax rate of 0.97%. Understanding how these areas compare with Saint Ansgar provides valuable insights into the varying tax landscape across Worth County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Ansgar Tax Rate
0.97%
Average Worth County Tax Rate
1.17%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Ansgar, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50472 | 0.79% | 0.85% | 0.97% | 1.16% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Saint Ansgar, Iowa
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in SAINT ANSGAR, IA. 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 SAINT ANSGAR, 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 SAINT ANSGAR helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1909, specifically in the 50472 zip code, providing a benchmark for local property tax expectations.
Average Saint Ansgar Assessed Value
$199,944
Average Worth County Assessed Value
$133,156
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Ansgar, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50472 | $106,304 | $149,340 | $199,944 | $235,432 | $290,862 |
Source: Ownwell
Property Tax Bills Across Saint Ansgar, Iowa
In Saint Ansgar, 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 this area is $199,944. Property taxes are then derived by applying the local tax rate to this assessed value. Several factors influence the final tax bill, including the property's market value, any applicable exemptions, and the specific tax rate set by local authorities. For homeowners in Saint Ansgar, the tax bill can vary significantly. At the 25th percentile, the tax bill is approximately $1,524, while at the 75th percentile, it rises to around $2,576. For those at the higher end, in the 90th percentile, the tax bill can reach up to $2,933. Comparatively, the national median property tax rate is 0.99%, which can help homeowners gauge how their local rates stack up against the broader national landscape. Understanding these factors can help homeowners anticipate their annual property tax obligations and budget accordingly.
Average Saint Ansgar Tax Bill
$1,909
Average Worth County Tax Bill
$1,502
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Ansgar, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50472 | $1,051 | $1,524 | $1,909 | $2,576 | $2,933 |
Source: Ownwell