Webster City, Hamilton County, Iowa Property Taxes

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

Median Webster City, IA effective property tax rate: 1.80%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Webster City, IA home value: $116,410
Median annual Webster City, IA tax bill: $2,040, $360 lower than the national median property tax bill of $2,400.

How are property taxes in Hamilton County calculated?

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

Last Updated March 1, 2025

Webster City, Hamilton County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.8%

Estimate Property Tax Bill

$2,095

$1,944

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

Property Tax Rates Across Webster City, Hamilton County, Iowa

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services, then divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process. Webster City in Hamilton County, Iowa, exemplifies this with its effective property tax rate. When comparing Webster City's rate to other cities in Iowa, it's noteworthy that the median property tax rate in the state is 1.80%, which is significantly higher than the national median of 1.02%. This difference highlights the importance of understanding local tax rates and how they impact property owners. With such a high median tax rate, property owners in Iowa, particularly those in Webster City, may benefit from exploring property tax appeal and exemption services to potentially reduce their tax burden.

Property Tax Rates Across Webster City, Hamilton County, Iowa

Source: Ownwell

1.17%

1.49%

1.80%

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 Webster City Tax Rate

1.80%

Median Effective Hamilton County Tax Rate

1.61%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Webster City, Hamilton County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
50595	1.19%	1.68%	1.80%	1.95%	2.10%

Source: Ownwell

Property Tax Assessment Values Across Webster City, Hamilton County, Iowa

When examining property taxes in Webster City, 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 Hamilton 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 Hamilton 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 Webster City.

For example, the median home price in Webster City is $116,410, with tax bills ranging significantly across the county. Zip code 50595 has the highest median home price at $116,410.

Property Tax Assessment Values Across Webster City, Hamilton County, Iowa

Source: Ownwell

$86,690

$159,338

$231,985

Median Webster City Market Value

$116,410

Median Hamilton County Market Value

$127,340

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Webster City, Hamilton County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
50595	$47,393	$74,172	$116,410	$184,850	$282,170

Source: Ownwell

Property Tax Bills Across Webster City, Hamilton County, Iowa

In Webster City, located in Hamilton County, IA, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in the area is $116,410, which contributes to the calculation of property taxes. The tax bill varies significantly, with the 25th percentile at $1,330 and the 75th percentile reaching $3,058. The highest median tax bill in the region is $2,040, which is notably lower than the national median property tax bill of $2,400. Homeowners in Webster City can face financial strain if their property taxes rise unexpectedly, impacting their overall budget and financial planning.

Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By analyzing individual property assessments and identifying discrepancies, Ownwell helps homeowners potentially reduce their tax liabilities. This service is particularly beneficial in ensuring that homeowners are not overpaying on their property taxes, allowing them to allocate their financial resources more effectively. With Ownwell's expertise, homeowners can confidently navigate the complexities of property tax regulations and secure potential savings.

Property Tax Bills Across Webster City, Hamilton County, Iowa

Source: Ownwell

$1,089

$1,915

$2,741

Median Webster City Tax Bill

$2,040

Median Hamilton County Tax Bill

$1,946

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Webster City, Hamilton County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
50595	$859	$1,330	$2,040	$3,058	$4,620

Source: Ownwell