Adair, Guthrie County, Iowa Property Taxes

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

Median Adair, IA effective property tax rate: 1.04%, slightly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Adair, IA home value: $181,600
Median annual Adair, IA tax bill: $1,876, $524 lower than the national median property tax bill of $2,400.

How are property taxes in Guthrie calculated?

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

Last Updated March 1, 2025

Adair, Guthrie County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.04%

Estimate Property Tax Bill

$1,889

$1,753

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

Property Tax Rates Across Adair, Guthrie County, Iowa

Local government entities set tax rates, which can vary widely within a state. 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 Adair’s effective property tax rate to other cities in Iowa and the median property tax rates in Iowa and the U.S. The median property tax rate in Iowa is 1.04%, slightly above the national median of 1.02%. In Adair, located in Guthrie County, the median property tax rate is also 1.04%. This rate aligns with the state median, suggesting a balanced approach to property taxation in this region. When compared to the national context, Adair's rate is marginally higher, indicating a slightly greater contribution to local services and infrastructure. Understanding these nuances can help property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across Adair, Guthrie County, Iowa

Source: Ownwell

1.02%

1.30%

1.58%

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 Adair Tax Rate

1.04%

Median Effective Guthrie County Tax Rate

1.18%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Adair, Guthrie County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
50002	0.88%	0.97%	1.04%	1.19%	1.36%

Source: Ownwell

Property Tax Assessment Values Across Adair, Guthrie County, Iowa

When examining property taxes in Adair, 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 Guthrie 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.

In Guthrie 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 Adair.

For example, the median home price in Adair is $181,600, with tax bills ranging significantly across the county. Zip code 50002 has the highest median home price at $181,600.

Property Tax Assessment Values Across Adair, Guthrie County, Iowa

Source: Ownwell

$55,000

$227,000

$399,000

Median Adair Market Value

$181,600

Median Guthrie County Market Value

$152,050

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Adair, Guthrie County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
50002	$97,380	$133,100	$181,600	$245,500	$313,060

Source: Ownwell

Property Tax Bills Across Adair, Guthrie County, Iowa

In Adair, located in Guthrie County, IA, property tax bills are determined by the assessed value of a home and the local tax rate. The median home price in Adair is $181,600, which, when combined with local tax rates, results in a median property tax bill of $1,876. This figure is notably lower than the national median property tax bill of $2,400. Homeowners in Adair can expect tax bills ranging from the 25th percentile at $1,458 to the 90th percentile at $3,560, depending on their property's assessed value and any applicable exemptions. These bills can have a significant impact on homeowners, influencing their annual budgets and financial planning. Ownwell offers services to help homeowners in Adair potentially reduce their property tax bills. By leveraging expert knowledge in property tax appeals and exemptions, Ownwell can identify opportunities for savings, ensuring homeowners are not overpaying. This assistance can lead to substantial financial relief, making homeownership more affordable and manageable.

Property Tax Bills Across Adair, Guthrie County, Iowa

Source: Ownwell

$766

$2,629

$4,491

Median Adair Tax Bill

$1,876

Median Guthrie County Tax Bill

$1,994

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Adair, Guthrie County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
50002	$942	$1,458	$1,876	$2,654	$3,560

Source: Ownwell