Coralville, Johnson County, Iowa Property Taxes
Median Coralville, IA effective property tax rate: 1.79%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Coralville, IA home value: $207,750
Median annual Coralville, IA tax bill: $3,504, $1,104 higher than the national median property tax bill of $2,400.
How are property taxes in Johnson County calculated?
Property taxes in Coralville, 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 Coralville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Coralville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Coralville, Johnson County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.83%
Estimate Property Tax Bill
$3,850
$3,573
Ownwell’s Coralville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Coralville with just two data points.
By entering your property's estimated assessed value, our calculator applies Coralville’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 Johnson County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Coralville, Johnson County, Iowa
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting 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 Coralville’s effective property tax rate to other cities in Iowa and the median property tax rates in Iowa and the U.S.
Coralville, located in Johnson County, boasts a median property tax rate of 1.79%, which is notably higher than the national median of 1.02%. This higher rate reflects the local government's commitment to providing robust services and infrastructure. In comparison, Iowa's median property tax rate aligns with Coralville's, indicating a consistent approach across the state. While this may mean a higher property tax bill for residents, it also signifies a well-funded community with access to quality services. Understanding these rates helps homeowners make informed decisions about property investments and their potential tax obligations.
Our median effective property tax rate (tax bill Ă· 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 Coralville Tax Rate
1.83%
Our median effective property tax rate (tax bill Ă· 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 Johnson County Tax Rate
1.72%
Median Effective Iowa Tax Rate
1.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Coralville, Johnson County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52241 | 1.69% | 1.76% | 1.83% | 1.83% | 1.84% |
Source: Ownwell
Property Tax Assessment Values Across Coralville, Johnson County, Iowa
When examining property taxes in Coralville, 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 Johnson 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 Johnson 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 Coralville.
For example, the median home price in Coralville is $207,750, with tax bills ranging significantly across the county. Zip code 52241 has the highest median home price at $207,750.
Property Tax Assessment Values Across Coralville, Johnson County, Iowa
Source: Ownwell
$168,260
$254,180
$340,100
Median Coralville Market Value
$210,400
Median Johnson County Market Value
$231,800
Median Iowa Market Value
$169,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Coralville, Johnson County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52241 | $78,200 | $124,700 | $210,400 | $347,700 | $485,340 |
Source: Ownwell
Property Tax Bills Across Coralville, Johnson County, Iowa
In Coralville, homeowners face property tax bills influenced by the assessed value of their homes, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. The median home price in Coralville is $207,750, and property tax bills can vary significantly. For instance, the 25th percentile tax bill is $2,298, while the 75th percentile reaches $5,878, and the 90th percentile climbs to $8,372. Compared to the national median property tax bill of $2,400, Coralville residents often encounter higher tax obligations. This can be a significant burden for homeowners, especially those in the highest percentile.
Ownwell offers valuable assistance by providing property tax appeal and exemption services, helping homeowners potentially reduce their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell ensures homeowners pay only their fair share. This can lead to substantial savings, easing the financial burden of property taxes in Coralville.
Median Coralville Tax Bill
$3,670
Median Johnson County Tax Bill
$3,910
Median Iowa Tax Bill
$2,542
Median United States Tax Bill
$2,400
Property Tax Bills Across Coralville, Johnson County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52241 | $1,420 | $2,204 | $3,670 | $6,162 | $8,710 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 30 |
Links | |
|---|---|
| Johnson Tax Assessor | |
| Website | beacon.schneidercorp.com |