Fort Atkinson, Chickasaw County, Iowa Property Taxes
Median FORT ATKINSON, IA effective property tax rate: 1.08%, slightly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median FORT ATKINSON, IA home value: $349,400
Median annual FORT ATKINSON, IA tax bill: $3,824, $1,424 higher than the national median property tax bill of $2,400.
How are property taxes in Chickasaw County calculated?
Property taxes in FORT ATKINSON, 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 FORT ATKINSON’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in FORT ATKINSON, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fort Atkinson, Chickasaw County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.08%
Estimate Property Tax Bill
$3,774
$3,502
Property Tax Rates Across Fort Atkinson, Chickasaw County, Iowa
Local government entities are responsible for setting property tax rates, which can differ significantly even within the same state. This variation is because each county annually estimates its budgetary needs to fund local services and divides this by the total value of taxable property in its area, determining the property tax rate. Although the process involves votes and legislation, this is the core of how tax rates are set each year.
In Fort Atkinson, located in Chickasaw County, Iowa, the effective property tax rate is a reflection of this process. When comparing Fort Atkinson's property tax rate with other cities in Iowa, it's important to note that Iowa's median property tax rate is slightly above the national median of 1.02%. This comparison provides insight into how Fort Atkinson's rates align with both state and national figures. Understanding these rates helps property owners make informed decisions and highlights the importance of property tax appeals and exemptions in managing financial responsibilities.
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 Fort Atkinson Tax Rate
1.08%
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 Chickasaw County Tax Rate
1.19%
Median Effective Iowa Tax Rate
1.54%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fort Atkinson, Chickasaw County, Iowa
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
52144 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Fort Atkinson, Chickasaw County, Iowa
When examining property taxes in Fort Atkinson, 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 Chickasaw County Assessor's Office 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.
Assessment notices: In Chickasaw 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 Fort Atkinson. For example, the median home price in Fort Atkinson is $349,400, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Fort Atkinson, Chickasaw County, Iowa
Source: Ownwell
$95,100
$178,500
$261,900
Median Fort Atkinson Market Value
$349,400
Median Chickasaw County Market Value
$150,300
Median Iowa Market Value
$167,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fort Atkinson, Chickasaw County, Iowa
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
52144 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Fort Atkinson, Chickasaw County, Iowa
Median Fort Atkinson Tax Bill
$3,824
Median Chickasaw County Tax Bill
$1,710
Median Iowa Tax Bill
$2,508
Median United States Tax Bill
$2,400
Property Tax Bills Across Fort Atkinson, Chickasaw County, Iowa
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
52144 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell