West Branch, Johnson County, Iowa Property Taxes
Median West Branch, IA effective property tax rate: 1.31%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median West Branch, IA home value: $309,800
Median annual West Branch, IA tax bill: $3,964, $1,564 higher than the national median property tax bill of $2,400.
How are property taxes in Johnson County calculated?
Property taxes in West Branch, 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 West Branch’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in West Branch, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
West Branch, Johnson County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.31%
Estimate Property Tax Bill
$4,058
$3,766
Property Tax Rates Across West Branch, Johnson County, Iowa
Local government entities are responsible for setting property tax rates, which can differ significantly within a state. Each year, counties estimate the budget needed to provide essential services and divide it by the total value of all taxable properties in their area, resulting in the property tax rate. While voting and legislation play roles in determining tax rates and budgets, this is the core of the annual process.
In West Branch, located in Johnson County, Iowa, the effective property tax rate offers an interesting comparison to other cities within the state. With a median tax rate of 1.31%, West Branch aligns with the highest and lowest rates in the area, highlighting the consistency within this particular region. This rate is notably higher than the national median property tax rate of 1.02%, which may influence property owners' decisions. Understanding these differences is crucial for property owners seeking to manage their tax liabilities effectively. Comparing local rates to state and national figures can provide valuable insights for those considering property investments or evaluating their current tax obligations.
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 West Branch Tax Rate
1.31%
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 Johnson County Tax Rate
1.71%
Median Effective Iowa Tax Rate
1.54%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across West Branch, Johnson County, Iowa
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
52358 | 1.14% | 1.20% | 1.31% | 1.52% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across West Branch, Johnson County, Iowa
When examining property taxes in West Branch, 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.
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 West Branch.
For example, the median home price in West Branch is $309,800, with tax bills ranging significantly across the county. Zip code 52358 has the highest median home price at $309,800.
Property Tax Assessment Values Across West Branch, Johnson County, Iowa
Source: Ownwell
$170,805
$254,753
$338,700
Median West Branch Market Value
$309,800
Median Johnson County Market Value
$229,790
Median Iowa Market Value
$167,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across West Branch, Johnson County, Iowa
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
52358 | $161,320 | $227,500 | $309,800 | $389,100 | $464,060 |
Source: Ownwell
Property Tax Bills Across West Branch, Johnson County, Iowa
Median West Branch Tax Bill
$3,964
Median Johnson County Tax Bill
$3,786
Median Iowa Tax Bill
$2,508
Median United States Tax Bill
$2,400
Property Tax Bills Across West Branch, Johnson County, Iowa
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
52358 | $2,140 | $2,843 | $3,964 | $5,328 | $6,336 |
Source: Ownwell