Delhi, Delaware County, Iowa Property Taxes

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

Median Delhi, IA effective property tax rate: 1.22%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Delhi, IA home value: $202,550
Median annual Delhi, IA tax bill: $2,685, $285 higher than the national median property tax bill of $2,400.

How are property taxes in Delaware calculated?

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

Last Updated March 1, 2025

Delhi, Delaware County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.22%

Estimate Property Tax Bill

$2,471

$2,293

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

Property Tax Rates Across Delhi, Delaware County, Iowa

Local government entities are responsible for setting tax rates, and these can vary significantly within a state. This variation is due to each county estimating its required budget annually to provide essential services, which is then divided by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws are involved in the process of setting tax rates and budgets, this is the fundamental mechanism.

Below, you can compare Delhi’s effective property tax rate to other cities in Iowa and the median property tax rates in Iowa and the U.S.

Property Tax Rates Across Delhi, Delaware County, Iowa

Source: Ownwell

1.12%

1.42%

1.71%

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 Delhi Tax Rate

1.22%

Median Effective Delaware County Tax Rate

1.30%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Delhi, Delaware County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
52223	0.97%	1.11%	1.22%	1.28%	1.42%

Source: Ownwell

Property Tax Assessment Values Across Delhi, Delaware County, Iowa

When examining property taxes in Delhi, 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 Delaware 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 Delaware 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 Delhi. For example, the median home price in Delhi is $202,550, with tax bills ranging significantly across the county. Zip code 52223 has the highest median home price at $202,550.

Property Tax Assessment Values Across Delhi, Delaware County, Iowa

Source: Ownwell

$89,650

$190,725

$291,800

Median Delhi Market Value

$202,550

Median Delaware County Market Value

$182,000

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Delhi, Delaware County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
52223	$16,490	$91,500	$202,550	$383,600	$540,640

Source: Ownwell

Property Tax Bills Across Delhi, Delaware County, Iowa

In Delhi, Delaware County, IA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as the home's location, size, and condition can influence its assessed value. For homeowners in Delhi, the median home price is $202,550, with property tax bills varying widely. The 25th percentile tax bill is $1,358, while the 75th percentile reaches $4,713, and the 90th percentile is as high as $6,636. This variation can significantly impact homeowners' finances, particularly when compared to the national median property tax bill of $2,400. Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By leveraging their expertise, Ownwell can help homeowners potentially reduce their property tax bills, ensuring they only pay their fair share. This can lead to substantial savings, offering financial relief to homeowners burdened by high property taxes.

Property Tax Bills Across Delhi, Delaware County, Iowa

Source: Ownwell

$1,078

$2,385

$3,692

Median Delhi Tax Bill

$2,685

Median Delaware County Tax Bill

$2,420

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Delhi, Delaware County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
52223	$442	$1,358	$2,685	$4,713	$6,636

Source: Ownwell