Cedar Falls, Butler County, Iowa Property Taxes

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

Median Cedar Falls, IA effective property tax rate: 1.14%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Cedar Falls, IA home value: $244,620
Median annual Cedar Falls, IA tax bill: $2,954, $554 higher than the national median property tax bill of $2,400.

How are property taxes in Butler County calculated?

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

Last Updated March 1, 2025

Cedar Falls, Butler 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

$2,789

$2,588

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

By entering your property's estimated assessed value, our calculator applies Cedar Falls' 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 Butler County.

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

Property Tax Rates Across Cedar Falls, Butler County, Iowa

Local government entities set tax rates, which can vary widely within a state. 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. Cedar Falls in Butler County, Iowa, has an effective property tax rate of 1.14%, which is above the national median of 1.02%. This rate is consistent across the city, as both the highest and lowest median tax rates are 1.14% within the 50613 ZIP code. The property tax rate in Cedar Falls is higher than the national average, but it aligns with Iowa's median tax rate. Understanding these rates can help property owners in Cedar Falls make informed decisions about their property tax obligations.

Property Tax Rates Across Cedar Falls, Butler County, Iowa

Source: Ownwell

0.97%

1.29%

1.61%

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 Cedar Falls Tax Rate

1.14%

Median Effective Butler County Tax Rate

1.42%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cedar Falls, Butler County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
50613	1.07%	1.10%	1.14%	1.18%	1.41%

Source: Ownwell

Property Tax Assessment Values Across Cedar Falls, Butler County, Iowa

When examining property taxes in Cedar Falls, 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 Butler 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 Butler 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 Cedar Falls.

For example, the median home price in Cedar Falls is $244,620, with tax bills ranging significantly across the county. Zip code 50613 has the highest median home price at $244,620.

Property Tax Assessment Values Across Cedar Falls, Butler County, Iowa

Source: Ownwell

$29,770

$185,580

$341,390

Median Cedar Falls Market Value

$244,620

Median Butler County Market Value

$143,820

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cedar Falls, Butler County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
50613	$66,420	$156,850	$244,620	$359,220	$462,448

Source: Ownwell

Property Tax Bills Across Cedar Falls, Butler County, Iowa

In Cedar Falls, located in Butler County, IA, property tax bills are determined by assessing the value of a home and applying the local property tax rate. The assessed value is based on the property's market value, which is influenced by factors such as location, size, and improvements. Homeowners in Cedar Falls face a median property tax bill of $2,954, which is notably higher than the national median of $2,400. This discrepancy highlights the importance of understanding how property taxes are calculated and what influences them. For instance, a homeowner in the 25th percentile may pay around $1,914, while those in the 75th percentile could see bills as high as $4,126. Ownwell offers valuable services to homeowners in Cedar Falls by providing property tax appeal and exemption assistance. By leveraging their expertise, homeowners can potentially reduce their tax liabilities, ensuring they pay only what is fair and accurate. This service not only provides financial relief but also peace of mind, knowing that their property taxes are being managed effectively.

Property Tax Bills Across Cedar Falls, Butler County, Iowa

Source: Ownwell

$416

$2,169

$3,922

Median Cedar Falls Tax Bill

$2,954

Median Butler County Tax Bill

$1,964

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Cedar Falls, Butler County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
50613	$1,048	$1,914	$2,954	$4,126	$5,131

Source: Ownwell