Nashua, Chickasaw County, Iowa Property Taxes

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

Median Nashua, IA effective property tax rate: 1.37%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%. Median Nashua, IA home value: $125,000. Median annual Nashua, IA tax bill: $1,609, $791 lower than the national median property tax bill of $2,400.

How are property taxes in Chickasaw calculated?

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

Last Updated March 1, 2025

Nashua, Chickasaw County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.44%

Estimate Property Tax Bill

$1,804

$1,674

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

Property Tax Rates Across Nashua, Chickasaw County, Iowa

Local government entities set tax rates, which can vary widely within a state. This variation arises because each county annually 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 votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell. In Nashua, located in Chickasaw County, property tax rates are determined similarly. Nashua's effective property tax rate can be compared to other cities in Iowa, as well as the median property tax rates in Iowa and the U.S. Iowa's median property tax rate stands at 1.37%, which is notably higher than the national median of 1.02%. This difference highlights the importance of understanding local tax rates, as they can significantly impact property owners. Whether you're a homeowner or a prospective buyer, being informed about these rates can help you make better financial decisions.

Property Tax Rates Across Nashua, Chickasaw County, Iowa

Source: Ownwell

1.04%

1.24%

1.44%

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 Nashua Tax Rate

1.44%

Median Effective Chickasaw County Tax Rate

1.32%

Median Effective Iowa Tax Rate

1.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Nashua, Chickasaw County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
50658	0.98%	1.05%	1.44%	1.55%	1.62%

Source: Ownwell

Property Tax Assessment Values Across Nashua, Chickasaw County, Iowa

When examining property taxes in Nashua, 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 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 Nashua. For example, the median home price in Nashua is $125,000, with tax bills ranging significantly across the county. 50658 has the highest median home price at $125,000.

Property Tax Assessment Values Across Nashua, Chickasaw County, Iowa

Source: Ownwell

$95,700

$176,200

$256,700

Median Nashua Market Value

$125,300

Median Chickasaw County Market Value

$151,300

Median Iowa Market Value

$169,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Nashua, Chickasaw County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
50658	$34,860	$74,400	$125,300	$203,300	$292,880

Source: Ownwell

Property Tax Bills Across Nashua, Chickasaw County, Iowa

In Nashua, IA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Factors such as location, property size, and market trends influence the assessed value. Homeowners in Nashua face a median tax bill of $1,609, which is below the national median of $2,400, indicating relatively lower property tax burdens compared to many areas across the country. However, tax bills can vary significantly, with the 25th percentile at $1,014 and the 90th percentile reaching $3,735.

Ownwell assists homeowners by providing expert property tax appeal services, potentially lowering their tax bills. By analyzing property assessments and market conditions, Ownwell identifies opportunities for tax reductions and manages the appeal process on behalf of homeowners. This service can lead to significant savings, ensuring that homeowners in Nashua pay only their fair share in property taxes.

Property Tax Bills Across Nashua, Chickasaw County, Iowa

Source: Ownwell

$1,467

$2,231

$2,994

Median Nashua Tax Bill

$1,712

Median Chickasaw County Tax Bill

$1,922

Median Iowa Tax Bill

$2,542

Median United States Tax Bill

$2,400

Property Tax Bills Across Nashua, Chickasaw County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
50658	$447	$1,043	$1,712	$2,704	$3,739

Source: Ownwell