Keota, Keokuk County, Iowa Property Taxes
Median Keota, IA effective property tax rate: 1.35%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Keota, IA home value: $127,280
Median annual Keota, IA tax bill: $1,640, $760 lower than the national median property tax bill of $2,400.
How are property taxes in Keokuk calculated?
Property taxes in Keota, 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 Keota’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Keota, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Keota, Keokuk County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.35%
Estimate Property Tax Bill
$1,718
$1,595
Property Tax Rates Across Keota, Keokuk County, Iowa
Local government entities are responsible for setting property tax rates, and these can differ significantly across Iowa. This variation occurs because each county annually determines its budgetary needs to fund local services and divides this amount by the total assessed value of all taxable properties within its area. The result is the property tax rate applied to properties in that jurisdiction. Although the process involves voting and legislation, this is the core method used each year.
In Keota, located in Keokuk County, the effective property tax rate is a crucial aspect for property owners to consider. When comparing Keota's tax rate to other cities across Iowa, it aligns with the state's median property tax rate. This is slightly above the national median, reflecting Iowa's position in the broader context of property taxation. For homeowners, understanding these rates is essential, as they directly impact annual property tax bills. By staying informed and considering potential appeals or exemptions, property owners in Keota can effectively manage their property 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 Keota Tax Rate
1.35%
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 Keokuk County Tax Rate
1.25%
Median Effective Iowa Tax Rate
1.54%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Keota, Keokuk County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52248 | 0.99% | 1.20% | 1.35% | 1.50% | 1.68% |
Source: Ownwell
Property Tax Assessment Values Across Keota, Keokuk County, Iowa
When examining property taxes in Keota, 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 Keokuk 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 Keokuk County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Keota.
For example, the median home price in Keota is $127,280, with tax bills ranging significantly across the county. Zip code 52248 has the highest median home price at $127,280.
Property Tax Assessment Values Across Keota, Keokuk County, Iowa
Source: Ownwell
$33,460
$97,585
$161,710
Median Keota Market Value
$127,280
Median Keokuk County Market Value
$102,671
Median Iowa Market Value
$167,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Keota, Keokuk County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52248 | $44,422 | $80,630 | $127,280 | $186,460 | $260,625 |
Source: Ownwell
Property Tax Bills Across Keota, Keokuk County, Iowa
In Keota, located in Keokuk County, Iowa, property tax bills are determined by the assessed value of a home multiplied by the local tax rate. The assessed value is typically a percentage of the market value, which is determined by local assessors. In Keota, the median home price is $127,280, with property tax bills ranging from the 25th percentile at $1,028 to the 90th percentile at $3,441. The median tax bill is $1,640, which is below the national median of $2,400, offering a relatively affordable tax environment compared to other regions.
Factors influencing property tax bills include changes in market value, local budget needs, and any applicable exemptions or deductions. Homeowners may find their tax bills fluctuating based on these variables. To alleviate the financial burden, Ownwell provides expert property tax appeal and exemption services. By reviewing your property's assessed value and ensuring it aligns with current market conditions, Ownwell can help you secure potential savings, reducing your tax bill and optimizing your financial well-being.
Median Keota Tax Bill
$1,640
Median Keokuk County Tax Bill
$1,284
Median Iowa Tax Bill
$2,508
Median United States Tax Bill
$2,400
Property Tax Bills Across Keota, Keokuk County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 52248 | $593 | $1,028 | $1,640 | $2,420 | $3,441 |
Source: Ownwell