Sumner, Chickasaw County, Iowa Property Taxes

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

Median Sumner, IA effective property tax rate: 1.19%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Sumner, IA home value: $208,200
Median annual Sumner, IA tax bill: $2,360, $40 lower than the national median property tax bill of $2,400.

How are property taxes in Chickasaw calculated?

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

Last Updated March 1, 2025

Sumner, Chickasaw County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.19%

Estimate Property Tax Bill

$2,478

$2,299

Ownwell’s Sumner Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sumner with just two data points. By entering your property's estimated assessed value, our calculator applies Sumner’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 Sumner, Chickasaw County, Iowa

Local government entities set tax rates, which can vary widely within a state. This is because annually, each county 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 there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Sumner’s effective property tax rate to other cities in Iowa and the median property tax rates in Iowa and the U.S.

Sumner, located in Chickasaw County, has a median property tax rate of 1.19%. This rate is notably higher than the national median property tax rate of 1.02%. Comparing it to the national average, property owners in Sumner face a relatively higher tax burden. However, within Iowa, this rate is consistent with the highest and lowest rates recorded in the state, both standing at 1.19%. Understanding these figures can help property owners in Sumner make informed decisions regarding their property tax appeals and exemptions.

Property Tax Rates Across Sumner, Chickasaw County, Iowa

Source: Ownwell

1.09%

1.23%

1.37%

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 Sumner Tax Rate

1.19%

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 Sumner, Chickasaw County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
50674	1.05%	1.09%	1.19%	1.34%	1.42%

Source: Ownwell

Property Tax Assessment Values Across Sumner, Chickasaw County, Iowa

When examining property taxes in Sumner, 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 Chickasaw 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 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 Sumner. For example, the median home price in Sumner is $208,200, with tax bills ranging significantly across the county. Zip code 50674 has the highest median home price at $208,200.

Property Tax Assessment Values Across Sumner, Chickasaw County, Iowa

Source: Ownwell

$95,100

$178,500

$261,900

Median Sumner Market Value

$208,200

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 Sumner, Chickasaw County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
50674	$79,680	$117,600	$208,200	$292,800	$402,840

Source: Ownwell

Property Tax Bills Across Sumner, Chickasaw County, Iowa

In Sumner, located in Chickasaw County, IA, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in Sumner is $208,200, and homeowners generally face a property tax rate that aligns closely with the national median rate of 1.02%. This results in a range of tax bills, with the 25th percentile at $1,284 and the 75th percentile reaching $3,524. At the 90th percentile, tax bills can climb to $5,526, reflecting the variability in property values and tax rates across the region. The highest and lowest median tax bills in the area both stand at $2,360, indicating a consistent tax assessment within this zip code. Homeowners in Sumner can find themselves burdened by these costs, making it crucial to explore potential savings. Ownwell offers expertise in property tax appeals and exemptions, helping homeowners navigate the complexities of the tax system to potentially lower their tax obligations and ease their financial burden.

Property Tax Bills Across Sumner, Chickasaw County, Iowa

Source: Ownwell

$1,134

$2,000

$2,865

Median Sumner Tax Bill

$2,360

Median Chickasaw County Tax Bill

$1,710

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Sumner, Chickasaw County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
50674	$995	$1,284	$2,360	$3,524	$5,526

Source: Ownwell