Preston, Clinton County, Iowa Property Taxes

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

Median Preston, IA effective property tax rate: 1.40%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%. Median Preston, IA home value: $249,645. Median annual Preston, IA tax bill: $3,364, $964 higher than the national median property tax bill of $2,400.

How are property taxes in Clinton calculated?

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

Last Updated March 1, 2025

Preston, Clinton County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.3%

Estimate Property Tax Bill

$3,245

$3,012

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

Property Tax Rates Across Preston, Clinton County, Iowa

As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? 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 Preston’s effective property tax rate to other cities in Iowa and the median property tax rates in Iowa and the U.S.

In Preston, located in Clinton County, the effective property tax rate is 1.40%, which is higher than the national median of 1.02%. This means homeowners in Preston might find themselves paying more in property taxes compared to other parts of the country. However, it's important to consider the services and infrastructure supported by these taxes. The rate is consistent throughout the area, reflecting the county's budgetary needs and the total assessed value of properties. For those looking to appeal their property taxes, understanding how these rates are determined can be a crucial first step in navigating potential savings.

Property Tax Rates Across Preston, Clinton County, Iowa

Source: Ownwell

1.12%

1.40%

1.69%

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 Preston Tax Rate

1.30%

Median Effective Clinton County Tax Rate

1.61%

Median Effective Iowa Tax Rate

1.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Preston, Clinton County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
52069	1.17%	1.25%	1.30%	1.38%	1.47%

Source: Ownwell

Property Tax Assessment Values Across Preston, Clinton County, Iowa

When examining property taxes in Preston, 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 Clinton 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 Clinton County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Preston.

For example, the median home price in Preston is $249,645, with tax bills ranging significantly across the county. 52069 has the highest median home price at $249,645.

Property Tax Assessment Values Across Preston, Clinton County, Iowa

Source: Ownwell

$65,710

$157,678

$249,645

Median Preston Market Value

$249,645

Median Clinton County Market Value

$134,330

Median Iowa Market Value

$169,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Preston, Clinton County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
52069	$133,372	$170,132	$249,645	$332,438	$432,081

Source: Ownwell

Property Tax Bills Across Preston, Clinton County, Iowa

In Preston, Clinton County, IA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This value is then multiplied by the local tax rate to compute the tax bill. The median home price in Preston is $249,645, and the median property tax bill is $3,364, which is significantly higher than the national median of $2,400. Homeowners in Preston face tax bills ranging from the 25th percentile at $2,487 to the 90th percentile at $6,098, indicating a substantial variation based on property values and tax rates. For homeowners, these taxes represent a significant financial obligation and can impact overall affordability. Ownwell offers a solution by providing property tax appeal and exemption services, potentially reducing the tax burden for homeowners. By analyzing property assessments and ensuring they are fair and accurate, Ownwell helps homeowners in Preston save money and achieve a more manageable property tax bill.

Property Tax Bills Across Preston, Clinton County, Iowa

Source: Ownwell

$816

$2,079

$3,342

Median Preston Tax Bill

$3,228

Median Clinton County Tax Bill

$2,150

Median Iowa Tax Bill

$2,542

Median United States Tax Bill

$2,400

Property Tax Bills Across Preston, Clinton County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
52069	$1,691	$2,325	$3,228	$4,303	$5,446

Source: Ownwell