La Porte City, Benton County, Iowa Property Taxes
Median LA PORTE CITY, IA effective property tax rate: 1.01%, slightly lower than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median LA PORTE CITY, IA home value: $281,300
Median annual LA PORTE CITY, IA tax bill: $2,989, $589 higher than the national median property tax bill of $2,400.
How are property taxes in Benton County calculated?
Property taxes in LA PORTE CITY, 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 LA PORTE CITY’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in LA PORTE CITY, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
La Porte City, Benton County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.01%
Estimate Property Tax Bill
$2,841
$2,636
Property Tax Rates Across La Porte City, Benton County, Iowa
Local government entities determine property tax rates, leading to significant variations within a state. Each year, counties estimate their budgets for public services and divide this by the total assessed value of all taxable properties in their jurisdiction, resulting in the property tax rate. While votes and legislation influence these rates and budgets, this is the core of the annual process.
In LA PORTE CITY, located in county 19011, IA, the effective property tax rate is a reflection of this process. When comparing LA PORTE CITY's tax rate to other cities in Iowa, it's essential to note that the median property tax rate in Iowa is 1.29%, slightly above the national median of 1.02%. This comparison highlights how property tax rates in Iowa can vary, even when they are close to the national level.
Understanding these differences can help property owners make informed decisions about their investments and potential tax liabilities. By staying informed about local tax rates, property owners can better navigate the complexities of property taxes and potentially reduce their tax burden through appeals and exemptions.
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 La Porte City Tax Rate
1.01%
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 Benton County Tax Rate
1.37%
Median Effective Iowa Tax Rate
1.54%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across La Porte City, Benton County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50651 | 0.96% | 0.98% | 1.01% | 1.17% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across La Porte City, Benton County, Iowa
When examining property taxes in LA PORTE CITY, 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 Benton 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 Benton 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 LA PORTE CITY.
For example, the median home price in LA PORTE CITY is $281,300, with tax bills ranging significantly across the county. Zip code 50651 has the highest median home price at $281,300.
Property Tax Assessment Values Across La Porte City, Benton County, Iowa
Source: Ownwell
$87,000
$236,925
$386,850
Median La Porte City Market Value
$281,300
Median Benton County Market Value
$183,200
Median Iowa Market Value
$167,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across La Porte City, Benton County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50651 | $176,260 | $225,700 | $281,300 | $390,700 | $536,140 |
Source: Ownwell
Property Tax Bills Across La Porte City, Benton County, Iowa
Median La Porte City Tax Bill
$2,989
Median Benton County Tax Bill
$2,460
Median Iowa Tax Bill
$2,508
Median United States Tax Bill
$2,400
Property Tax Bills Across La Porte City, Benton County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50651 | $1,747 | $2,266 | $2,989 | $4,208 | $6,199 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
|---|
Links | |
|---|---|
| Benton Tax Assessor | |
| Website | beacon.schneidercorp.com |