Rolfe, Pocahontas County, Iowa Property Taxes
Median Rolfe, IA effective property tax rate: 1.40%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Rolfe, IA home value: $37,930
Median annual Rolfe, IA tax bill: $533, $1,867 lower than the national median property tax bill of $2,400.
How are property taxes in Pocahontas County calculated?
Property taxes in Rolfe, 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 Rolfe’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Rolfe, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rolfe, Pocahontas County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.4%
Estimate Property Tax Bill
$531
$493
Property Tax Rates Across Rolfe, Pocahontas 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. Below, you can compare Rolfe’s effective property tax rate to other cities in Iowa and the median property tax rates in Iowa and the U.S.
Rolfe, located in Pocahontas County, has a median property tax rate of 1.40%. This is notably higher than the national median property tax rate of 1.02%. The property tax rate in Rolfe is consistent across the county, indicating uniformity in tax assessment. For residents, this means that the tax burden is evenly distributed, without significant disparities within the area. Understanding these rates is crucial for property owners as it directly impacts their annual financial obligations. By comparing these rates, property owners can better assess their tax liabilities and explore potential appeal options if they believe their property is over-assessed.
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 Rolfe Tax Rate
1.40%
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 Pocahontas County Tax Rate
1.38%
Median Effective Iowa Tax Rate
1.54%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Rolfe, Pocahontas County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50581 | 0.71% | 0.89% | 1.40% | 1.79% | 1.92% |
Source: Ownwell
Property Tax Assessment Values Across Rolfe, Pocahontas County, Iowa
When examining property taxes in Rolfe, 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 Pocahontas 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 Pocahontas 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 Rolfe. For example, the median home price in Rolfe is $37,930, with tax bills ranging significantly across the county. The zip code 50581 has the highest median home price at $37,930.
Property Tax Assessment Values Across Rolfe, Pocahontas County, Iowa
Source: Ownwell
$5,505
$85,579
$165,652
Median Rolfe Market Value
$37,930
Median Pocahontas County Market Value
$72,338
Median Iowa Market Value
$167,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Rolfe, Pocahontas County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50581 | $7,500 | $16,729 | $37,930 | $99,385 | $185,348 |
Source: Ownwell
Property Tax Bills Across Rolfe, Pocahontas County, Iowa
Median Rolfe Tax Bill
$533
Median Pocahontas County Tax Bill
$919
Median Iowa Tax Bill
$2,508
Median United States Tax Bill
$2,400
Property Tax Bills Across Rolfe, Pocahontas County, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 50581 | $85 | $258 | $533 | $1,099 | $1,807 |
Source: Ownwell