Atlantic, Cass County, Iowa Property Taxes

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

Median Atlantic, IA effective property tax rate: 1.58%, significantly higher than the national median of 1.02%, but slightly higher than the Iowa state median of 1.54%.
Median Atlantic, IA home value: $123,060
Median annual Atlantic, IA tax bill: $1,889, $511 lower than the national median property tax bill of $2,400.

How are property taxes in Cass County calculated?

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

Last Updated March 1, 2025

Atlantic, Cass County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.58%

Estimate Property Tax Bill

$1,944

$1,804

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

Property Tax Rates Across Atlantic, Cass County, Iowa

Local government entities determine tax rates, and these can differ significantly within a state. This variation occurs because each county, such as Cass, estimates its required budget annually to fund services. The county then divides this budget by the total assessed value of all taxable property within its jurisdiction to determine the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process followed.

In Atlantic, located in Cass County, the effective property tax rate stands at 1.58%. This rate is notably higher than the national median property tax rate of 1.02%. Interestingly, Atlantic’s tax rate is consistent across the county, suggesting a uniform approach to property taxation within the region. When compared to the national median property tax bill of $2400, property owners in Atlantic may find themselves paying a higher amount due to the elevated tax rate. Understanding these differences can be crucial for property owners seeking to manage their tax liabilities effectively.

Property Tax Rates Across Atlantic, Cass County, Iowa

Source: Ownwell

1.07%

1.33%

1.58%

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 Atlantic Tax Rate

1.58%

Median Effective Cass County Tax Rate

1.47%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Atlantic, Cass County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
50022	1.14%	1.41%	1.58%	1.73%	1.91%

Source: Ownwell

Property Tax Assessment Values Across Atlantic, Cass County, Iowa

When examining property taxes in Atlantic, 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 Cass 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 Cass 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 Atlantic. For example, the median home price in Atlantic is $123,060, with tax bills ranging significantly across the county. Zip code 50022 has the highest median home price at $123,060.

Property Tax Assessment Values Across Atlantic, Cass County, Iowa

Source: Ownwell

$88,965

$156,180

$223,395

Median Atlantic Market Value

$123,060

Median Cass County Market Value

$121,160

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Atlantic, Cass County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
50022	$42,720	$73,865	$123,060	$201,510	$315,004

Source: Ownwell

Property Tax Bills Across Atlantic, Cass County, Iowa

In Atlantic, located in Cass County, Iowa, property tax bills are calculated based on the assessed value of a property, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to calculate the tax bill. With a median home price of $123,060, the tax bill can vary significantly. For instance, the 25th percentile tax bill is $1,196, while those in the 75th percentile pay around $2,932, and the 90th percentile reaches $4,405. Interestingly, the highest and lowest median tax bills in Atlantic share the same value of $1,889, which is below the national median property tax bill of $2,400. Homeowners can be affected by these bills as they impact the overall cost of owning a home. Ownwell offers property tax appeal services to help homeowners potentially lower their tax bills. By reviewing assessments and identifying discrepancies, Ownwell can assist homeowners in Atlantic in saving on their property taxes, ensuring they only pay their fair share.

Property Tax Bills Across Atlantic, Cass County, Iowa

Source: Ownwell

$1,373

$2,000

$2,626

Median Atlantic Tax Bill

$1,889

Median Cass County Tax Bill

$1,732

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Atlantic, Cass County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
50022	$712	$1,196	$1,889	$2,932	$4,405

Source: Ownwell