Durant, Muscatine County, Iowa Property Taxes
Median Durant, IA effective property tax rate: 1.16%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Durant, IA home value: $308,875
Median annual Durant, IA tax bill: $3,622, $1,222 higher than the national median property tax bill of $2,400.
How are property taxes in Muscatine calculated?
Property taxes in Durant, 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 Durant’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Durant, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Durant, Muscatine County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.16%
Estimate Property Tax Bill
$3,583
$3,325
Property Tax Rates Across Durant, Muscatine County, Iowa
Local government entities set tax rates, which can vary widely within a state. This variance occurs because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results 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 Durant’s effective property tax rate to other cities in Iowa and the median property tax rates in Iowa and the U.S.
Durant, located in Muscatine County, has an effective property tax rate of 1.16%. This rate is slightly higher than the national median property tax rate of 1.02%. However, it aligns with Iowa's median rate, reflecting the state's overall property tax landscape. The county's approach ensures that the necessary services are funded while maintaining a competitive tax rate. For homeowners in Durant, understanding these rates can highlight potential savings opportunities through property tax appeals and exemptions. By leveraging these services, property owners can ensure they are not overpaying and can better manage their financial 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 Durant Tax Rate
1.16%
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 Muscatine County Tax Rate
1.67%
Median Effective Iowa Tax Rate
1.54%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Durant, Muscatine County, Iowa
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
52747 | 0.27% | 1.05% | 1.16% | 1.54% | 1.64% |
Source: Ownwell
Property Tax Assessment Values Across Durant, Muscatine County, Iowa
When examining property taxes in Durant, 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 Muscatine 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 Muscatine 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 Durant.
For example, the median home price in Durant is $308,875, with tax bills ranging significantly across the county. Zip code 52747 has the highest median home price at $308,875.
Property Tax Assessment Values Across Durant, Muscatine County, Iowa
Source: Ownwell
$64,010
$186,443
$308,875
Median Durant Market Value
$308,875
Median Muscatine County Market Value
$148,385
Median Iowa Market Value
$167,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Durant, Muscatine County, Iowa
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
52747 | $166,650 | $252,058 | $308,875 | $380,910 | $458,668 |
Source: Ownwell
Property Tax Bills Across Durant, Muscatine County, Iowa
Median Durant Tax Bill
$3,622
Median Muscatine County Tax Bill
$2,396
Median Iowa Tax Bill
$2,508
Median United States Tax Bill
$2,400
Property Tax Bills Across Durant, Muscatine County, Iowa
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
52747 | $826 | $2,402 | $3,622 | $5,354 | $6,675 |
Source: Ownwell