Lohrville, Calhoun County, Iowa Property Taxes
Median Lohrville, IA effective property tax rate: 1.18%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Lohrville, IA home value: $83,095
Median annual Lohrville, IA tax bill: $1,050, $1,350 lower than the national median property tax bill of $2,400.
How are property taxes in Calhoun County calculated?
Property taxes in Lohrville, 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 Lohrville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lohrville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lohrville, Calhoun County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.4%
Estimate Property Tax Bill
$1,175
$1,090
Property Tax Rates Across Lohrville, Calhoun County, Iowa
Local government entities set tax rates, which can vary widely within a state. This variation is due to each county annually estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Lohrville, located in Calhoun County, Iowa, the effective property tax rate reflects the county's budgetary needs and the total assessed property value. Compared to other cities in Iowa, Lohrville's property tax rate aligns closely with the state's median rate. This rate is slightly above the national median property tax rate, which is 1.02%. However, it is important to note that property tax rates can vary even within the same state, influenced by local government decisions and budgetary requirements.
By understanding how these rates are determined, property owners in Lohrville can better anticipate their tax obligations and explore potential appeal or exemption opportunities to manage their property tax bills more effectively.
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 Lohrville Tax Rate
1.40%
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 Calhoun County Tax Rate
1.37%
Median Effective Iowa Tax Rate
1.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lohrville, Calhoun County, Iowa
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
51453 | 1.00% | 1.12% | 1.40% | 1.73% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Lohrville, Calhoun County, Iowa
When examining property taxes in Lohrville, 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 Calhoun County appraisal district 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 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 Calhoun County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Lohrville.
For example, the median home price in Lohrville is $83,095, with tax bills ranging significantly across the county. Zip code 51453 has the highest median home price at $83,095.
Property Tax Assessment Values Across Lohrville, Calhoun County, Iowa
Source: Ownwell
$29,040
$101,930
$174,820
Median Lohrville Market Value
$83,930
Median Calhoun County Market Value
$100,605
Median Iowa Market Value
$169,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lohrville, Calhoun County, Iowa
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
51453 | $20,130 | $46,240 | $83,930 | $165,830 | $271,500 |
Source: Ownwell
Property Tax Bills Across Lohrville, Calhoun County, Iowa
Median Lohrville Tax Bill
$1,262
Median Calhoun County Tax Bill
$1,433
Median Iowa Tax Bill
$2,542
Median United States Tax Bill
$2,400
Property Tax Bills Across Lohrville, Calhoun County, Iowa
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
51453 | $282 | $658 | $1,262 | $2,042 | $3,078 |
Source: Ownwell