Oxford Junction, Jones County, Iowa Property Taxes

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

Median OXFORD JUNCTION, IA effective property tax rate: 1.69%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median OXFORD JUNCTION, IA home value: $60,890
Median annual OXFORD JUNCTION, IA tax bill: $1,024, $1,376 lower than the national median property tax bill of $2,400.

How are property taxes in Jones County calculated?

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

Last Updated March 1, 2025

Oxford Junction, Jones County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.69%

Estimate Property Tax Bill

$1,029

$955

Ownwell’s Oxford Junction Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Oxford Junction with just two data points.

By entering your property's estimated assessed value, our calculator applies Oxford Junction’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 Jones County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Oxford Junction, Jones County, Iowa

Local government entities determine property tax rates, which can differ significantly across the state. This variation is due to each county annually estimating its budgetary needs for services and then dividing this by the total value of all taxable properties within its area. This process establishes the property tax rate. Although the setting of tax rates and budgets involves various votes and laws, this is essentially the yearly procedure.

In Oxford Junction, located in Jones County, the effective property tax rate stands out when compared to other cities in Iowa. The median property tax rate in Iowa is higher than the national median, which is 1.02%. Oxford Junction's rate is reflective of the broader trend in the state, where property tax rates generally exceed the national average. This means that property owners in Oxford Junction may face higher tax bills compared to those in many other parts of the country. Understanding these rates can help property owners plan their finances and consider appealing their property taxes if they believe their assessed value is too high.

Property Tax Rates Across Oxford Junction, Jones County, Iowa

Source: Ownwell

0.94%

1.31%

1.69%

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 Oxford Junction Tax Rate

1.69%

Median Effective Jones County Tax Rate

1.38%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Oxford Junction, Jones County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
52323	1.02%	1.21%	1.69%	2.09%	2.18%

Source: Ownwell

Property Tax Assessment Values Across Oxford Junction, Jones County, Iowa

When examining property taxes in Oxford Junction, 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 Jones County Assessor's Office 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 Jones 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 Oxford Junction. For example, the median home price in Oxford Junction is $60,890, with tax bills ranging significantly across the county. Zip code 52323 has the highest median home price at $60,890.

Property Tax Assessment Values Across Oxford Junction, Jones County, Iowa

Source: Ownwell

$43,030

$140,770

$238,510

Median Oxford Junction Market Value

$60,890

Median Jones County Market Value

$156,350

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Oxford Junction, Jones County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
52323	$6,608	$27,785	$60,890	$102,325	$195,948

Source: Ownwell

Property Tax Bills Across Oxford Junction, Jones County, Iowa

In Oxford Junction, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $60,890, homeowners in Jones County face a property tax bill that can range significantly. For example, the 25th percentile tax bill is $404, while the 75th percentile reaches $1,616, and the 90th percentile climbs to $2,360. This variance indicates the impact of different property values and tax rates on homeowners. The median property tax bill in this area is $1,024, which is below the national median of $2,400, offering some relief to local homeowners. However, understanding the intricacies of property tax assessments can be challenging. Here, Ownwell steps in to assist homeowners by offering expert property tax appeal and exemption services. By leveraging their expertise, homeowners can potentially lower their tax burdens, ensuring they only pay their fair share. This proactive approach can result in significant savings, making homeownership more affordable in Oxford Junction.

Property Tax Bills Across Oxford Junction, Jones County, Iowa

Source: Ownwell

$529

$1,638

$2,746

Median Oxford Junction Tax Bill

$1,024

Median Jones County Tax Bill

$2,222

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Oxford Junction, Jones County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
52323	$121	$404	$1,024	$1,616	$2,360

Source: Ownwell