Janesville, Bremer County, Iowa Property Taxes

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

Median Janesville, IA effective property tax rate: 1.41%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Janesville, IA home value: $220,460
Median annual Janesville, IA tax bill: $3,030, $630 higher than the national median property tax bill of $2,400.

How are property taxes in Bremer calculated?

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

Last Updated March 1, 2025

Janesville, Bremer County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.41%

Estimate Property Tax Bill

$3,108

$2,885

Ownwell’s Janesville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Janesville with just two data points.

By entering your property's estimated assessed value, our calculator applies Janesville’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 Bremer County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Janesville, Bremer County, Iowa

Local government entities set tax rates, which can vary widely within a state. 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 Janesville’s effective property tax rate to other cities in Iowa and the median property tax rates in Iowa and the U.S. Janesville, located in Bremer County, has an effective property tax rate that stands at 1.41%, which is notably higher than the national median of 1.02%. This rate reflects the county's budgetary needs and the total assessed value of properties. Despite this, Janesville’s rate aligns with the highest and lowest rates within the state, indicating a uniformity in the region. Homeowners here pay more compared to the national median property tax bill of $2400, which can be attributed to the higher rate. Understanding these rates can help property owners make informed decisions about their investments and potential savings through appeals or exemptions.

Property Tax Rates Across Janesville, Bremer County, Iowa

Source: Ownwell

0.94%

1.23%

1.53%

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 Janesville Tax Rate

1.41%

Median Effective Bremer County Tax Rate

1.48%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Janesville, Bremer County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
50647	1.05%	1.15%	1.41%	1.49%	1.57%

Source: Ownwell

Property Tax Assessment Values Across Janesville, Bremer County, Iowa

When examining property taxes in Janesville, Iowa, 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 Bremer 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 Bremer 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 Janesville. For example, the median home price in Janesville is $220,460, with tax bills ranging significantly across the county. 50647 has the highest median home price at $220,460.

Property Tax Assessment Values Across Janesville, Bremer County, Iowa

Source: Ownwell

$58,560

$170,245

$281,930

Median Janesville Market Value

$220,460

Median Bremer County Market Value

$189,165

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Janesville, Bremer County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
50647	$79,820	$146,662	$220,460	$313,518	$377,514

Source: Ownwell

Property Tax Bills Across Janesville, Bremer County, Iowa

Property tax bills in Janesville, Bremer County, Iowa, are calculated based on the assessed value of a property. The local tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Janesville typically see tax bills ranging from $2,046 at the 25th percentile to $4,046 at the 75th percentile, with some reaching as high as $4,921 at the 90th percentile. Compared to the national median property tax bill of $2,400, many homeowners in Janesville face higher tax burdens. This can significantly impact household budgets, making it essential for homeowners to ensure their property is accurately assessed. Ownwell offers a valuable service by helping homeowners appeal their property tax assessments, potentially lowering their tax bills. By leveraging expertise in local tax codes and market trends, Ownwell can identify discrepancies in assessments and guide homeowners through the appeal process, ultimately leading to savings on property taxes.

Property Tax Bills Across Janesville, Bremer County, Iowa

Source: Ownwell

$824

$2,051

$3,278

Median Janesville Tax Bill

$3,030

Median Bremer County Tax Bill

$2,696

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Janesville, Bremer County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
50647	$1,167	$2,046	$3,030	$4,046	$4,921

Source: Ownwell