West Okoboji, Dickinson County, Iowa Property Taxes

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

Median West Okoboji, IA effective property tax rate: 0.66%, significantly lower than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median West Okoboji, IA home value: $73,100
Median annual West Okoboji, IA tax bill: $545, $1,855 lower than the national median property tax bill of $2,400.

How are property taxes in Dickinson calculated?

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

Last Updated March 1, 2025

West Okoboji, Dickinson County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.66%

Estimate Property Tax Bill

$482

$448

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

Property Tax Rates Across West Okoboji, Dickinson 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 West Okoboji’s effective property tax rate to other cities in Iowa and the median property tax rates in Iowa and the U.S.

West Okoboji, located in Dickinson County, has a median property tax rate that matches the highest and lowest rates observed within the area, standing at 0.66%. This figure is notably lower than the national median property tax rate of 1.02%. Homeowners in West Okoboji benefit from this lower tax rate, potentially translating to considerable savings compared to many other regions across the country. Understanding these local tax dynamics can empower property owners to make informed decisions and explore potential savings through property tax appeals and exemptions.

Property Tax Rates Across West Okoboji, Dickinson County, Iowa

Source: Ownwell

0.66%

0.87%

1.08%

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 West Okoboji Tax Rate

0.66%

Median Effective Dickinson County Tax Rate

0.82%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across West Okoboji, Dickinson County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
51351	0.42%	0.54%	0.66%	0.75%	1.05%

Source: Ownwell

Property Tax Assessment Values Across West Okoboji, Dickinson County, Iowa

When examining property taxes in West Okoboji, 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 Dickinson 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 Dickinson 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 West Okoboji. For example, the median home price in West Okoboji is $73,100, with tax bills ranging significantly across the county. 51351 has the highest median home price at $73,100.

Property Tax Assessment Values Across West Okoboji, Dickinson County, Iowa

Source: Ownwell

$23,300

$182,675

$342,050

Median West Okoboji Market Value

$73,100

Median Dickinson County Market Value

$263,050

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across West Okoboji, Dickinson County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
51351	$5,170	$34,550	$73,100	$273,350	$3,998,500

Source: Ownwell

Property Tax Bills Across West Okoboji, Dickinson County, Iowa

In West Okoboji, located in Dickinson County, IA, property tax bills are calculated based on the assessed value of a home. The median home price in this area is $73,100. Homeowners face a range of tax bills, with the 25th percentile at $231 and the 75th percentile reaching $1,424. At the 90th percentile, tax bills can climb to $2,215, which is close to the national median property tax bill of $2,400. The highest and lowest median tax bills in the area are both reported at $545, indicating a relatively consistent tax burden across the region. Factors influencing these tax bills include the property's assessed value and local tax rates. High property taxes can significantly impact homeowners by increasing annual expenses. This is where Ownwell steps in to assist homeowners. By providing expert property tax appeal and exemption services, Ownwell helps reduce tax burdens, ensuring homeowners pay only their fair share and potentially saving them hundreds of dollars annually.

Property Tax Bills Across West Okoboji, Dickinson County, Iowa

Source: Ownwell

$198

$1,555

$2,912

Median West Okoboji Tax Bill

$545

Median Dickinson County Tax Bill

$2,470

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across West Okoboji, Dickinson County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
51351	$18	$231	$545	$1,424	$2,215

Source: Ownwell