Floris, Davis County, Iowa Property Taxes
Median Floris, IA effective property tax rate: 1.50%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Floris, IA home value: $87,280
Median annual Floris, IA tax bill: $1,180, $1,220 lower than the national median property tax bill of $2,400.
How are property taxes in Davis County calculated?
Property taxes in Floris, 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 Floris’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Floris, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Floris, Davis County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.5%
Estimate Property Tax Bill
$1,309
$1,215
Ownwell’s Floris Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Floris with just two data points.
By entering your property's estimated assessed value, our calculator applies Floris’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 Davis County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Floris, Davis County, Iowa
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 Floris Tax Rate
1.50%
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 Davis County Tax Rate
1.75%
Median Effective Iowa Tax Rate
1.54%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Floris, Davis County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52560 | 0.89% | 1.23% | 1.50% | 1.72% | 1.86% |
Source: Ownwell
Property Tax Assessment Values Across Floris, Davis County, Iowa
When examining property taxes in Floris, 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 Davis 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 Davis 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 Floris.
For example, the median home price in Floris is $87,280, with tax bills ranging significantly across the county. Zip code 52560 has the highest median home price at $87,280.
Property Tax Assessment Values Across Floris, Davis County, Iowa
Source: Ownwell
$80,650
$122,165
$163,680
Median Floris Market Value
$87,280
Median Davis County Market Value
$127,685
Median Iowa Market Value
$167,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Floris, Davis County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52560 | $15,776 | $44,970 | $87,280 | $160,450 | $236,040 |
Source: Ownwell
Property Tax Bills Across Floris, Davis County, Iowa
In Floris, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The Davis County assessor determines this value, considering factors such as location, size, and property condition. Homeowners in Floris face a median property tax bill of $1,180, which is below the national median of $2,400, reflecting the region's lower median home price of $87,280. However, tax bills can vary significantly, with the 25th percentile at $636 and the 90th percentile reaching $3,344.
High property tax bills can strain homeowners' finances, but appealing the assessed value can lead to significant savings. Ownwell offers expertise in property tax appeals, helping homeowners navigate the appeal process to potentially lower their tax bills. By leveraging local market data and understanding the nuances of property assessments, Ownwell can assist homeowners in Floris in reducing their property tax burden, ensuring they only pay their fair share.
Median Floris Tax Bill
$1,180
Median Davis County Tax Bill
$2,254
Median Iowa Tax Bill
$2,508
Median United States Tax Bill
$2,400
Property Tax Bills Across Floris, Davis County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52560 | $198 | $636 | $1,180 | $2,214 | $3,344 |
Source: Ownwell