Lohrville, Greene County, Iowa Property Taxes

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

Median Lohrville, IA effective property tax rate: 1.08%, slightly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Lohrville, IA home value: $166,550
Median annual Lohrville, IA tax bill: $1,768, $632 lower than the national median property tax bill of $2,400.

How are property taxes in Greene County calculated?

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

Last Updated March 1, 2025

Lohrville, Greene County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.08%

Estimate Property Tax Bill

$1,799

$1,669

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

Property Tax Rates Across Lohrville, Greene County, Iowa

Local government entities determine tax rates, which can vary significantly within a state. Each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the core of the annual process. In Lohrville, located in Greene County, Iowa, property tax rates are influenced by the same factors. When compared to the national median property tax rate of 1.02%, Lohrville's rates reflect the unique budgetary needs and property values within the area. Iowa's median property tax rate stands at 1.08%, slightly higher than the national average, illustrating the state's approach to funding local services. Understanding these differences can be crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Lohrville, Greene County, Iowa

Source: Ownwell

0.98%

1.21%

1.44%

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 Lohrville Tax Rate

1.08%

Median Effective Greene County Tax Rate

1.35%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lohrville, Greene County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
51453	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Lohrville, Greene County, Iowa

When examining property taxes in Lohrville, 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 Greene County Assessor's Office 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 Greene County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Lohrville. For example, the median home price in Lohrville is $166,550, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Lohrville, Greene County, Iowa

Source: Ownwell

$24,800

$110,000

$195,200

Median Lohrville Market Value

$166,550

Median Greene County Market Value

$113,750

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lohrville, Greene County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
51453	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Lohrville, Greene County, Iowa

In Lohrville, located in Greene County, IA, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is a percentage of the market value, which is influenced by factors such as property size, location, and condition. Homeowners in Lohrville face a median property tax bill of $1,664, which is below the national median of $2,400. However, tax bills can vary, with those in the 75th percentile paying around $1,872 and those in the 90th percentile paying approximately $1,934. These variations can significantly impact homeowners' financial planning.

Ownwell assists homeowners in reducing their property tax bills by offering expert property tax appeal and exemption services. By thoroughly analyzing each property’s assessed value and comparing it to similar properties, Ownwell identifies opportunities for tax reductions. This tailored approach ensures that homeowners in Lohrville pay only their fair share, potentially leading to significant savings and providing peace of mind in managing property-related expenses.

Property Tax Bills Across Lohrville, Greene County, Iowa

Source: Ownwell

$264

$1,257

$2,250

Median Lohrville Tax Bill

$1,768

Median Greene County Tax Bill

$1,434

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Lohrville, Greene County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
51453	N/A	N/A	N/A	N/A	N/A

Source: Ownwell