Tipton, Cedar County, Iowa Property Taxes

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

Median Tipton, IA effective property tax rate: 1.47%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Tipton, IA home value: $178,830
Median annual Tipton, IA tax bill: $2,478, $78 higher than the national median property tax bill of $2,400.

How are property taxes in Cedar calculated?

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

Last Updated March 1, 2025

Tipton, Cedar County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.47%

Estimate Property Tax Bill

$2,629

$2,439

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

Property Tax Rates Across Tipton, Cedar 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, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell. In Tipton, located in Cedar County, Iowa, the effective property tax rate stands at 1.47%. This rate is notably higher than the national median property tax rate of 1.02%. Iowa's property tax rates can differ significantly from one city to another, but Tipton's rate is consistent with the highest and lowest median tax rates in the state, both recorded at 1.47%. Comparing this to the national landscape, Tipton's rate indicates a relatively higher tax burden for property owners. Understanding these variations is crucial for property owners seeking to manage their tax liabilities effectively.

Property Tax Rates Across Tipton, Cedar County, Iowa

Source: Ownwell

1.03%

1.27%

1.51%

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 Tipton Tax Rate

1.47%

Median Effective Cedar County Tax Rate

1.28%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Tipton, Cedar County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
52772	0.97%	1.07%	1.47%	1.60%	1.63%

Source: Ownwell

Property Tax Assessment Values Across Tipton, Cedar County, Iowa

When examining property taxes in Tipton, 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 Cedar 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 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 Cedar 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 Tipton.

For example, the median home price in Tipton is $178,830, with tax bills ranging significantly across the county. Zip code 52772 has the highest median home price at $178,830.

Property Tax Assessment Values Across Tipton, Cedar County, Iowa

Source: Ownwell

$107,830

$208,235

$308,640

Median Tipton Market Value

$178,830

Median Cedar County Market Value

$186,910

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Tipton, Cedar County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
52772	$72,578	$119,370	$178,830	$264,540	$386,112

Source: Ownwell

Property Tax Bills Across Tipton, Cedar County, Iowa

In Tipton, IA, property tax bills are calculated based on the assessed value of a home, which is determined by the Cedar County assessor. This value is multiplied by the local tax rate to determine the annual tax bill. Homeowners in Tipton face a median property tax bill of $2,478, which is slightly above the national median of $2,400. Factors such as property location, size, and improvements can influence the assessed value, impacting the overall tax bill. For example, tax bills in the 25th percentile are $1,738, while those in the 75th percentile reach $3,422, and the 90th percentile can go as high as $4,551. These variations highlight the importance of ensuring your property is fairly assessed. Ownwell offers services to help homeowners in Tipton appeal their property taxes, potentially reducing their tax burden. By analyzing your assessment and identifying discrepancies, Ownwell can guide you through the appeal process, helping to secure a fair and equitable tax bill.

Property Tax Bills Across Tipton, Cedar County, Iowa

Source: Ownwell

$1,324

$2,686

$4,048

Median Tipton Tax Bill

$2,478

Median Cedar County Tax Bill

$2,390

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Tipton, Cedar County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
52772	$1,077	$1,738	$2,478	$3,422	$4,551

Source: Ownwell