Stockport, Jefferson County, Iowa Property Taxes
Median Stockport, IA effective property tax rate: 1.00%, slightly lower than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Stockport, IA home value: $165,100
Median annual Stockport, IA tax bill: $1,551, $849 lower than the national median property tax bill of $2,400.
How are property taxes in Jefferson calculated?
Property taxes in Stockport, 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 Stockport’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Stockport, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Stockport, Jefferson County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1%
Estimate Property Tax Bill
$1,651
$1,532
Property Tax Rates Across Stockport, Jefferson County, Iowa
Local government entities set tax rates, and these can vary widely even within a single state. This variation occurs because each county annually estimates the budget required to provide essential services and then divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Stockport, Jefferson County, Iowa, the effective property tax rate is a crucial factor for property owners and potential buyers to consider. Comparing Stockport's rates to other cities in Iowa and the median property tax rates in both the state and the U.S. can provide valuable insights. The median property tax rate in Iowa is 1.00%, which aligns with the highest and lowest rates within the state, both recorded at 1.00% in the same zip code. This is slightly below the national median property tax rate of 1.02%. Understanding these differences can help property owners make informed decisions about property investments and financial planning.
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 Stockport Tax Rate
1.00%
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 Jefferson County Tax Rate
1.39%
Median Effective Iowa Tax Rate
1.54%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Stockport, Jefferson County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52651 | 0.92% | 0.95% | 1.00% | 1.03% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Stockport, Jefferson County, Iowa
When examining property taxes in Stockport, 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 Jefferson 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 Jefferson 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 Stockport. For example, the median home price in Stockport is $165,100, with tax bills ranging significantly across the county. Zip code 52651 has the highest median home price at $165,100.
Property Tax Assessment Values Across Stockport, Jefferson County, Iowa
Source: Ownwell
$102,800
$151,891
$200,982
Median Stockport Market Value
$165,100
Median Jefferson County Market Value
$132,500
Median Iowa Market Value
$167,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Stockport, Jefferson County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52651 | $40,900 | $119,900 | $165,100 | $195,500 | $234,900 |
Source: Ownwell
Property Tax Bills Across Stockport, Jefferson County, Iowa
Median Stockport Tax Bill
$1,551
Median Jefferson County Tax Bill
$1,806
Median Iowa Tax Bill
$2,508
Median United States Tax Bill
$2,400
Property Tax Bills Across Stockport, Jefferson County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52651 | $776 | $1,202 | $1,551 | $1,882 | $2,392 |
Source: Ownwell