Manning, Shelby County, Iowa Property Taxes

Local government entities determine tax rates, which can differ significantly within a state. This variation occurs because each county annually calculates its necessary budget to deliver services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, the process essentially follows this annual cycle.

In Manning, located in Shelby County, Iowa, the effective property tax rate provides an interesting comparison to other cities in the state and across the nation. Iowa's median property tax rate of 1.06% is slightly above the national median of 1.02%. This indicates that property owners in Manning might experience higher property tax bills compared to the national median. However, understanding these rates in the context of local services and budget requirements can offer valuable insights into what residents are paying for. By comparing Manning's effective rate to other cities in Iowa and the broader U.S., property owners can better understand their tax obligations and explore potential savings through appeals or exemptions.

In Manning, located in Shelby County, IA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. With a median home price of $220,850, many homeowners in Manning find their property tax bills can vary significantly. For instance, the 25th percentile tax bill is $2,126, while the 75th percentile reaches $2,573, and the 90th percentile can be as high as $3,857. These figures illustrate the potential financial burden on homeowners, especially when compared to the national median property tax bill of $2,400.

Ownwell can help homeowners in Manning reduce their property tax bills by providing expert property tax appeal and exemption services. By analyzing your property's assessed value and comparing it to market trends, Ownwell can identify opportunities to appeal your tax assessment, potentially lowering your annual tax bill and ensuring you're not overpaying. Let Ownwell guide you in navigating the complexities of property tax assessments to help you save money.