Huxley, Story County, Iowa Property Taxes

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

Median Huxley, IA effective property tax rate: 1.58%, significantly higher than the national median of 1.02%, but slightly higher than the Iowa state median of 1.54%.
Median Huxley, IA home value: $275,300
Median annual Huxley, IA tax bill: $4,250, $1,850 higher than the national median property tax bill of $2,400.

How are property taxes in Story County calculated?

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

Last Updated March 1, 2025

Huxley, Story County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.58%

Estimate Property Tax Bill

$4,350

$4,036

Ownwell’s Huxley Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Huxley with just two data points.

By entering your property's estimated assessed value, our calculator applies Huxley’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 Story County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Huxley, Story 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 Huxley’s effective property tax rate to other cities in Iowa and the median property tax rates in Iowa and the U.S. Huxley, located in Story County, reflects the state’s median tax rate of 1.58%, which is considerably higher than the national median of 1.02%. This rate results in property tax bills that are notably higher than the national average, impacting homeowners' financial planning. Understanding these rates is crucial for property owners looking to manage their expenses effectively. By appealing property taxes, homeowners in Huxley can potentially lower their tax burden, aligning more closely with national figures and easing financial pressures.

Property Tax Rates Across Huxley, Story County, Iowa

Source: Ownwell

1.03%

1.36%

1.69%

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 Huxley Tax Rate

1.58%

Median Effective Story County Tax Rate

1.36%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Huxley, Story County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
50124	1.28%	1.54%	1.58%	1.64%	1.69%

Source: Ownwell

Property Tax Assessment Values Across Huxley, Story County, Iowa

When examining property taxes in Huxley, 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 Story 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 Story 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 Huxley.

For example, the median home price in Huxley is $275,300, with tax bills ranging significantly across the county. Zip code 50124 has the highest median home price at $275,300.

Property Tax Assessment Values Across Huxley, Story County, Iowa

Source: Ownwell

$152,200

$213,750

$275,300

Median Huxley Market Value

$275,300

Median Story County Market Value

$219,000

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Huxley, Story County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
50124	$90,000	$197,200	$275,300	$391,400	$486,380

Source: Ownwell

Property Tax Bills Across Huxley, Story County, Iowa

In Huxley, Story County, IA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in Huxley is $275,300, and property taxes are calculated by applying the local tax rate to this assessed value. Homeowners can expect to pay a tax bill that varies significantly, with the 25th percentile at $2,838 and the 75th percentile at $5,978. This range highlights the variability in tax bills due to factors such as property location, improvements, and exemptions. The highest and lowest median tax bill in Huxley is $4,250, which is above the national median tax bill of $2,400. This can place a financial strain on homeowners, making it essential to explore ways to reduce tax burdens. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions, ensuring that they pay only their fair share. This service can lead to significant savings, providing peace of mind and financial relief.

Property Tax Bills Across Huxley, Story County, Iowa

Source: Ownwell

$1,982

$3,116

$4,250

Median Huxley Tax Bill

$4,250

Median Story County Tax Bill

$2,904

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Huxley, Story County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
50124	$1,118	$2,838	$4,250	$5,978	$7,588

Source: Ownwell