Mitchellville, Polk County, Iowa Property Taxes

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

Median Mitchellville, IA effective property tax rate: 1.45%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%. Median Mitchellville, IA home value: $198,500. Median annual Mitchellville, IA tax bill: $2,960, $560 higher than the national median property tax bill of $2,400.

How are property taxes in Polk County calculated?

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

Last Updated March 1, 2025

Mitchellville, Polk County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.45%

Estimate Property Tax Bill

$2,878

$2,671

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

Property Tax Rates Across Mitchellville, Polk County, Iowa

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its budget needs annually to provide services, then dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the essence of the annual process. In Mitchellville, located in Polk County, the effective property tax rate is a reflection of these local budgetary requirements. When comparing Mitchellville's rate to other cities in Iowa, it's essential to consider how these rates stack up against the median property tax rates in Iowa and the national average. With the national median property tax rate at 1.02% and a median bill of $2,400, understanding how local rates compare can offer valuable insights for property owners.

Property Tax Rates Across Mitchellville, Polk County, Iowa

Source: Ownwell

1.33%

1.70%

2.06%

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 Mitchellville Tax Rate

1.45%

Median Effective Polk County Tax Rate

1.69%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mitchellville, Polk County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
50169	1.35%	1.40%	1.45%	1.50%	1.56%

Source: Ownwell

Property Tax Assessment Values Across Mitchellville, Polk County, Iowa

When examining property taxes in Mitchellville, 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 Polk 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 Polk 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 Mitchellville.

For example, the median home price in Mitchellville is $198,500, with tax bills ranging significantly across the county. Zip code 50169 has the highest median home price at $198,500.

Property Tax Assessment Values Across Mitchellville, Polk County, Iowa

Source: Ownwell

$2,050

$223,775

$445,500

Median Mitchellville Market Value

$198,500

Median Polk County Market Value

$231,500

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mitchellville, Polk County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
50169	$85,950	$145,500	$198,500	$289,900	$410,100

Source: Ownwell

Property Tax Bills Across Mitchellville, Polk County, Iowa

In Mitchellville, IA, property tax bills are calculated based on the assessed value of a home, which is determined by the Polk County Assessor's office. The median home price in Mitchellville is approximately $198,500. Property tax rates are applied to this assessed value to calculate the tax bill. Several factors influence the assessed value, including the property's location, size, and condition. In Mitchellville, the property tax bill can vary significantly, with the 25th percentile at $2,308 and the 90th percentile reaching $5,925. The median property tax bill stands at $2,960, slightly above the national median of $2,400. This can pose a financial burden on homeowners. Ownwell offers valuable assistance by identifying potential tax exemptions and appealing over-assessed property values, which could lead to substantial savings on property tax bills. By leveraging their expertise, homeowners in Mitchellville can ensure that they are not overpaying on their property taxes, potentially saving hundreds or even thousands of dollars annually.

Property Tax Bills Across Mitchellville, Polk County, Iowa

Source: Ownwell

$28

$3,264

$6,500

Median Mitchellville Tax Bill

$2,960

Median Polk County Tax Bill

$3,904

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Mitchellville, Polk County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
50169	$1,657	$2,308	$2,960	$4,246	$5,925

Source: Ownwell