Carroll, Carroll County, Iowa Property Taxes

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

Median Carroll, IA effective property tax rate: 1.22%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Carroll, IA home value: $174,345
Median annual Carroll, IA tax bill: $2,052, $348 lower than the national median property tax bill of $2,400.

How are property taxes in Carroll calculated?

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

Last Updated March 1, 2025

Carroll, Carroll County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.22%

Estimate Property Tax Bill

$2,127

$1,974

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

Property Tax Rates Across Carroll, Carroll County, Iowa

Local government entities in Carroll County, Iowa, set property tax rates, which can vary significantly within the state. Each year, the county estimates its budgetary needs to provide essential services and divides this by the total assessed value of all taxable properties within its jurisdiction. This process determines the property tax rate. While votes and regulations play a role in setting these rates and budgets, this is essentially the annual procedure. In Carroll, the effective property tax rate aligns with the highest and lowest median rates in the area, standing at 1.22%. This rate is notably higher than the national median property tax rate of 1.02%. Homeowners in Carroll can expect their tax bills to reflect this rate, which surpasses the national median property tax bill of $2,400. Comparing Carroll’s property tax rate to other cities in Iowa and national figures highlights the importance of understanding local tax dynamics and seeking opportunities for potential savings through appeals or exemptions.

Property Tax Rates Across Carroll, Carroll County, Iowa

Source: Ownwell

0.68%

0.95%

1.23%

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 Carroll Tax Rate

1.22%

Median Effective Carroll County Tax Rate

1.15%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Carroll, Carroll County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
51401	0.93%	1.06%	1.22%	1.33%	1.45%

Source: Ownwell

Property Tax Assessment Values Across Carroll, Carroll County, Iowa

When examining property taxes in Carroll, 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 Carroll 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 Carroll 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 Carroll. For example, the median home price in Carroll is $174,345, with tax bills ranging significantly across the county. 51401 has the highest median home price at $174,345.

Property Tax Assessment Values Across Carroll, Carroll County, Iowa

Source: Ownwell

$33,445

$121,328

$209,210

Median Carroll Market Value

$174,345

Median Carroll County Market Value

$153,990

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Carroll, Carroll County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
51401	$77,770	$119,658	$174,345	$264,695	$378,825

Source: Ownwell

Property Tax Bills Across Carroll, Carroll County, Iowa

In Carroll, IA, property tax bills are determined based on the assessed value of a home, which is a percentage of the property's market value. The local tax rate, set by various taxing authorities, is then applied to this assessed value. Homeowners in Carroll typically see tax bills around $2,052, which is slightly below the national median of $2,400. However, tax bills can vary significantly, ranging from $1,394 at the 25th percentile to $4,394 at the 90th percentile. Factors influencing these variations include the property's location within the county and the specific services funded by property taxes, such as schools and infrastructure.

Homeowners may find these taxes burdensome, especially if their property's assessed value increases. This is where Ownwell can assist. By providing expert property tax appeal services, Ownwell helps homeowners potentially reduce their tax burden. Our team analyzes your property's assessment for discrepancies and advocates on your behalf, ensuring you pay only your fair share. With Ownwell, you can navigate the complexities of property taxes with confidence and potentially save significantly on your tax bill.

Property Tax Bills Across Carroll, Carroll County, Iowa

Source: Ownwell

$213

$1,144

$2,074

Median Carroll Tax Bill

$2,052

Median Carroll County Tax Bill

$1,746

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Carroll, Carroll County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
51401	$907	$1,394	$2,052	$3,047	$4,394

Source: Ownwell