Wheatland, Scott County, Iowa Property Taxes

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

Median Wheatland, IA effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Wheatland, IA home value: $257,950
Median annual Wheatland, IA tax bill: $2,345, $55 lower than the national median property tax bill of $2,400.

How are property taxes in Scott calculated?

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

Last Updated March 1, 2025

Wheatland, Scott County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.04%

Estimate Property Tax Bill

$2,719

$2,523

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

Property Tax Rates Across Wheatland, Scott County, Iowa

Local government entities determine property tax rates, which can differ significantly within a state. This variation occurs because each county, like Scott County, calculates its necessary budget to fund public services, then divides this budget by the total assessed value of all taxable properties in its area. This results in the property tax rate. Although the process involves votes and legislation, this is the core method for determining annual property taxes.

For instance, the effective property tax rate in Wheatland is a reflection of this calculation. When comparing Wheatland's rate to other cities in Iowa, it is essential to note that Iowa's median property tax rate is 0.91%, which is below the national median of 1.02%. This lower rate can translate into savings for property owners in Wheatland compared to the national average. Understanding these differences can help property owners make informed decisions about appealing their property tax assessments and exploring potential exemptions.

Property Tax Rates Across Wheatland, Scott County, Iowa

Source: Ownwell

0.99%

1.36%

1.74%

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 Wheatland Tax Rate

1.04%

Median Effective Scott County Tax Rate

1.56%

Median Effective Iowa Tax Rate

1.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wheatland, Scott County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
52777	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Wheatland, Scott County, Iowa

When examining property taxes in Wheatland, 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 Scott 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 Scott 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 Wheatland. For example, the median home price in Wheatland is $257,950, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Wheatland, Scott County, Iowa

Source: Ownwell

$87,815

$199,858

$311,900

Median Wheatland Market Value

$261,450

Median Scott County Market Value

$187,580

Median Iowa Market Value

$169,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wheatland, Scott County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
52777	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Wheatland, Scott County, Iowa

In Wheatland, Scott County, IA, property tax bills are determined by assessing the property's market value and applying the local tax rate. With a median home price of $257,950, homeowners in Wheatland face a property tax rate that results in bills ranging from $2,220 at the 25th percentile to $2,470 at the 75th percentile, with the 90th percentile reaching $2,546. Compared to the national median property tax bill of $2,400, Wheatland's property tax bills are relatively close to the national average. Factors influencing these bills include changes in property values, local government budgets, and voter-approved measures. For homeowners, these taxes represent a significant financial commitment, impacting their overall housing costs. Ownwell offers a solution by providing professional property tax appeal and exemption services to help homeowners potentially lower their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can assist homeowners in achieving fair tax rates, ultimately leading to substantial savings over time.

Property Tax Bills Across Wheatland, Scott County, Iowa

Source: Ownwell

$1,543

$4,880

$8,216

Median Wheatland Tax Bill

$2,646

Median Scott County Tax Bill

$2,900

Median Iowa Tax Bill

$2,542

Median United States Tax Bill

$2,400

Property Tax Bills Across Wheatland, Scott County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
52777	N/A	N/A	N/A	N/A	N/A

Source: Ownwell