Le Mars, Plymouth County, Iowa Property Taxes
Median Le Mars, IA effective property tax rate: 1.15%, slightly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%. Median Le Mars, IA home value: $208,060. Median annual Le Mars, IA tax bill: $2,325, $75 lower than the national median property tax bill of $2,400.
How are property taxes in Plymouth County calculated? Property taxes in Le Mars, 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 Le Mars’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Le Mars, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Le Mars, Plymouth County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.15%
Estimate Property Tax Bill
$2,393
$2,220
Property Tax Rates Across Le Mars, Plymouth County, Iowa
Local government entities set tax rates, which can vary widely within a state. 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.
Le Mars in Plymouth County, Iowa, has a median property tax rate that stands out when compared to other cities in the state. With a rate of 1.15%, it surpasses the national median property tax rate of 1.02%. This means homeowners in Le Mars may find themselves paying higher property taxes than the average American homeowner. However, the property tax rate in Le Mars aligns with the highest and lowest median tax rates in the same zip code, indicating a level of consistency within the area. Comparing Le Mars to other cities in Iowa and to national figures gives a clear picture of how property taxes vary and the potential impact on homeowners.
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 Le Mars Tax Rate
1.15%
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 Plymouth County Tax Rate
1.13%
Median Effective Iowa Tax Rate
1.54%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Le Mars, Plymouth County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 51031 | 0.82% | 1.06% | 1.15% | 1.19% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Le Mars, Plymouth County, Iowa
When examining property taxes in Le Mars, 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 Plymouth 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 Plymouth 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 Le Mars. For example, the median home price in Le Mars is $208,060, with tax bills ranging significantly across the county. Zip code 51031 has the highest median home price at $208,060.
Property Tax Assessment Values Across Le Mars, Plymouth County, Iowa
Source: Ownwell
$124,210
$242,833
$361,455
Median Le Mars Market Value
$208,060
Median Plymouth County Market Value
$198,050
Median Iowa Market Value
$167,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Le Mars, Plymouth County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 51031 | $77,030 | $140,900 | $208,060 | $306,115 | $426,800 |
Source: Ownwell
Property Tax Bills Across Le Mars, Plymouth County, Iowa
Median Le Mars Tax Bill
$2,325
Median Plymouth County Tax Bill
$2,246
Median Iowa Tax Bill
$2,508
Median United States Tax Bill
$2,400
Property Tax Bills Across Le Mars, Plymouth County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 51031 | $1,044 | $1,616 | $2,325 | $3,290 | $4,584 |
Source: Ownwell