Seymour, Appanoose County, Iowa Property Taxes

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

Median SEYMOUR, IA effective property tax rate: 1.11%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median SEYMOUR, IA home value: $91,980
Median annual SEYMOUR, IA tax bill: $928, $1,472 lower than the national median property tax bill of $2,400.

How are property taxes in Appanoose calculated?

Property taxes in SEYMOUR, IA 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 SEYMOUR’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in SEYMOUR, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Seymour, Appanoose County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.14%

Estimate Property Tax Bill

$1,049

$973

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

Property Tax Rates Across Seymour, Appanoose County, Iowa

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, 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 Seymour’s effective property tax rate to other cities in Iowa and the median property tax rates in Iowa and the U.S. Seymour, located in Appanoose County, has an effective property tax rate of 1.11%, which aligns with the highest and lowest rates in the state, making it a unique case. This rate is slightly above the national median property tax rate of 1.02%. Despite this, the property tax bill remains competitive when compared to the national median of $2400. Understanding these rates can help property owners in Seymour make informed decisions about property tax appeals and exemptions, ensuring they are not overpaying and are taking advantage of potential savings.

Property Tax Rates Across Seymour, Appanoose County, Iowa

Source: Ownwell

1.14%

1.19%

1.24%

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 Seymour Tax Rate

1.14%

Median Effective Appanoose County Tax Rate

1.64%

Median Effective Iowa Tax Rate

1.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Seymour, Appanoose County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
52590	1.01%	1.09%	1.14%	1.16%	1.23%

Source: Ownwell

Property Tax Assessment Values Across Seymour, Appanoose County, Iowa

When examining property taxes in Seymour, IA, 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 Appanoose 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 Appanoose 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 Seymour. For example, the median home price in Seymour is $91,980, with tax bills ranging significantly across the county. The zip code 52590 has the highest median home price at $91,980.

Property Tax Assessment Values Across Seymour, Appanoose County, Iowa

Source: Ownwell

$41,700

$66,840

$91,980

Median Seymour Market Value

$91,980

Median Appanoose County Market Value

$21,400

Median Iowa Market Value

$169,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Seymour, Appanoose County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
52590	$30,736	$60,000	$91,980	$174,040	$235,178

Source: Ownwell

Property Tax Bills Across Seymour, Appanoose County, Iowa

In Seymour, located in Appanoose County, IA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the tax bill. The median home price in Seymour is $91,980, which results in a median property tax bill of approximately $928. This is significantly lower than the national median property tax bill of $2,400. Homeowners in Seymour may find their tax bills falling between the 25th percentile at $668 and the 90th percentile at $2,562, depending on various factors such as property location and improvements. High property taxes can be a burden, but Ownwell offers services to help homeowners appeal their property tax assessments, potentially reducing their tax bills. By understanding local tax codes and leveraging expertise in property tax appeals, Ownwell can assist homeowners in Seymour in ensuring they are not overpaying on their property taxes, ultimately leading to substantial savings.

Property Tax Bills Across Seymour, Appanoose County, Iowa

Source: Ownwell

$492

$749

$1,006

Median Seymour Tax Bill

$1,006

Median Appanoose County Tax Bill

$332

Median Iowa Tax Bill

$2,542

Median United States Tax Bill

$2,400

Property Tax Bills Across Seymour, Appanoose County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
52590	$297	$636	$1,006	$1,952	$2,646

Source: Ownwell