Algona, Kossuth County, Iowa Property Taxes

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

Median Algona, IA effective property tax rate: 1.67%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Algona, IA home value: $127,627
Median annual Algona, IA tax bill: $2,102, $298 lower than the national median property tax bill of $2,400.

How are property taxes in Kossuth County calculated?

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

Last Updated March 1, 2025

Algona, Kossuth County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.67%

Estimate Property Tax Bill

$2,131

$1,978

Ownwell’s ALGONA Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in ALGONA with just two data points. By entering your property's estimated assessed value, our calculator applies ALGONA’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 Kossuth County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Algona, Kossuth County, Iowa

Local government entities are responsible for setting tax rates, which can vary significantly within a state due to budgetary needs and property values. Each county calculates its necessary budget to provide services and divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Despite involving votes and legal frameworks, this is the annual process in a nutshell.

In Algona, located in Kossuth County, the effective property tax rate is a key factor for property owners to consider. Algona's tax rate is higher than the national median of 1.02%, reflecting the county's budgetary requirements and property value assessments. Comparing Algona's rate to other cities within Iowa, it stands out due to its consistency across the region. This rate is the highest and lowest in its zip code, indicating a uniform rate throughout the area. While property taxes in Algona may be higher than the national average, they are essential for funding local services and infrastructure, making it crucial for property owners to understand these rates and their implications.

Property Tax Rates Across Algona, Kossuth County, Iowa

Source: Ownwell

1.05%

1.90%

2.76%

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 Algona Tax Rate

1.67%

Median Effective Kossuth County Tax Rate

1.63%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Algona, Kossuth County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
50511	1.02%	1.39%	1.67%	1.79%	1.98%

Source: Ownwell

Property Tax Assessment Values Across Algona, Kossuth County, Iowa

When examining property taxes in Algona, 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 Kossuth 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 Kossuth 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 Algona. For example, the median home price in Algona is $127,627, with tax bills ranging significantly across the county. 50511 has the highest median home price at $127,627.

Property Tax Assessment Values Across Algona, Kossuth County, Iowa

Source: Ownwell

$38,970

$107,571

$176,171

Median Algona Market Value

$127,627

Median Kossuth County Market Value

$85,990

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Algona, Kossuth County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
50511	$40,004	$75,142	$127,627	$210,914	$338,490

Source: Ownwell

Property Tax Bills Across Algona, Kossuth County, Iowa

In ALGONA, located in Kossuth County, IA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property improvements and market conditions influence the assessed value, impacting the overall tax bill. The median home price in ALGONA is $127,627, with tax bills ranging from $1,236 at the 25th percentile to $4,812 at the 90th percentile. The median property tax bill in the city is $2,102, slightly below the national median of $2,400. Despite this, homeowners can still face financial strain due to property taxes. Ownwell offers valuable assistance to homeowners by providing expert property tax appeal and exemption services. By identifying potential savings and navigating the appeals process, Ownwell helps homeowners reduce their property tax burden, ensuring they pay only their fair share and potentially saving them hundreds or even thousands of dollars annually.

Property Tax Bills Across Algona, Kossuth County, Iowa

Source: Ownwell

$512

$1,502

$2,492

Median Algona Tax Bill

$2,102

Median Kossuth County Tax Bill

$1,460

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Algona, Kossuth County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
50511	$728	$1,236	$2,102	$3,156	$4,812

Source: Ownwell