Rinard, Calhoun County, Iowa Property Taxes

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

Median Rinard, IA effective property tax rate: 0.86%, significantly lower than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Rinard, IA home value: $28,785
Median annual Rinard, IA tax bill: $248, $2,152 lower than the national median property tax bill of $2,400.

How are property taxes in Calhoun calculated?

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

Last Updated March 1, 2025

Rinard, Calhoun County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.86%

Estimate Property Tax Bill

$248

$230

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

Property Tax Rates Across Rinard, Calhoun 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 Rinard’s effective property tax rate to other cities in Iowa and the median property tax rates in Iowa and the U.S.

The effective property tax rate in Rinard, located in Calhoun County, is 0.86%. This is slightly below the national median rate of 1.02%, making it an attractive area for property owners looking to reduce their tax burden. Compared to the rest of Iowa, Rinard's rate is aligned with the state's median, offering a competitive rate within the region. Property owners in Rinard can benefit from lower tax bills while still enjoying the services funded by these taxes.

Property Tax Rates Across Rinard, Calhoun County, Iowa

Source: Ownwell

0.86%

1.25%

1.65%

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 Rinard Tax Rate

0.86%

Median Effective Calhoun County Tax Rate

1.32%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Rinard, Calhoun County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
50538	0.53%	0.64%	0.86%	1.24%	1.57%

Source: Ownwell

Property Tax Assessment Values Across Rinard, Calhoun County, Iowa

When examining property taxes in Rinard, 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 Calhoun 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 Calhoun 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 Rinard. For example, the median home price in Rinard is $28,785, with tax bills ranging significantly across the county. Zip code 50538 has the highest median home price at $28,785.

Property Tax Assessment Values Across Rinard, Calhoun County, Iowa

Source: Ownwell

$28,785

$101,168

$173,550

Median Rinard Market Value

$28,785

Median Calhoun County Market Value

$99,020

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Rinard, Calhoun County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
50538	$8,805	$9,842	$28,785	$37,945	$45,732

Source: Ownwell

Property Tax Bills Across Rinard, Calhoun County, Iowa

In Rinard, located in Calhoun County, Iowa, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For Rinard homeowners, the median property tax bill is $248, significantly lower than the national median of $2,400. This lower tax bill can be attributed to the median home price in the area, which stands at $28,785. Factors such as property location, improvements, and market conditions influence the assessed value. While the tax bill might seem manageable, there are opportunities for homeowners to save even more. Ownwell offers property tax appeal and exemption services to help homeowners ensure their property is not over-assessed. By reviewing assessments and identifying potential savings, Ownwell can assist homeowners in reducing their tax liabilities, providing peace of mind and financial relief.

Property Tax Bills Across Rinard, Calhoun County, Iowa

Source: Ownwell

$248

$1,139

$2,030

Median Rinard Tax Bill

$248

Median Calhoun County Tax Bill

$1,396

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Rinard, Calhoun County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
50538	$96	$167	$248	$311	$392

Source: Ownwell