Stockport, Van Buren County, Iowa Property Taxes

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

Median Stockport, IA effective property tax rate: 1.05%, slightly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Stockport, IA home value: $80,380
Median annual Stockport, IA tax bill: $884, $1,516 lower than the national median property tax bill of $2,400.

How are property taxes in Van Buren calculated?

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

Last Updated March 1, 2025

Stockport, Van Buren County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.05%

Estimate Property Tax Bill

$844

$783

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

Property Tax Rates Across Stockport, Van Buren County, Iowa

Local government entities are responsible for setting tax rates, leading to significant variations within a state. This is because each county annually estimates its budget to provide necessary services and divides this by the total assessed value of all taxable property within its jurisdiction. The result of this calculation is the property tax rate. Although votes and laws play a role in determining tax rates and budgets, this is the fundamental annual process.

Stockport, located in Van Buren County, IA, has an effective property tax rate that can be compared to other cities within the state and the national average. The median property tax rate in Iowa is slightly higher than the national median of 1.02%. This places Iowa property owners in a position where they might pay more compared to the average U.S. property owner. Understanding these differences is crucial for property owners looking to manage their expenses effectively. By comparing Stockport's tax rate to state and national medians, residents can gain insight into how their property taxes stack up, potentially identifying opportunities for tax appeals or exemptions.

Property Tax Rates Across Stockport, Van Buren County, Iowa

Source: Ownwell

0.95%

1.05%

1.15%

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 Stockport Tax Rate

1.05%

Median Effective Van Buren County Tax Rate

1.04%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Stockport, Van Buren County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
52651	0.84%	0.94%	1.05%	1.16%	1.27%

Source: Ownwell

Property Tax Assessment Values Across Stockport, Van Buren County, Iowa

When examining property taxes in Stockport, 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 Van Buren County appraisal district 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.

Assessment notices:

In Van Buren 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 Stockport.

For example, the median home price in Stockport is $80,380, with tax bills ranging significantly across the county. 52651 has the highest median home price at $80,380.

Property Tax Assessment Values Across Stockport, Van Buren County, Iowa

Source: Ownwell

$62,500

$95,930

$129,360

Median Stockport Market Value

$80,380

Median Van Buren County Market Value

$93,400

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Stockport, Van Buren County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
52651	$21,164	$47,710	$80,380	$138,630	$202,738

Source: Ownwell

Property Tax Bills Across Stockport, Van Buren County, Iowa

In Stockport, located in Van Buren County, IA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The median home price in this area is $80,380. Property tax rates are applied to the assessed value to determine the tax bill, which can vary significantly. For example, homeowners at the 25th percentile pay around $468, while those at the 75th percentile face bills closer to $1,419. The highest median tax bill in the area is $884, which is notably lower than the national median property tax bill of $2,400. These variations can significantly impact homeowners, affecting their annual budgets and financial planning. Ownwell offers services to help homeowners reduce their property tax bills by appealing inaccurate assessments and identifying potential exemptions. By leveraging expert knowledge and experience, Ownwell can help ensure homeowners are not overpaying on their property taxes, potentially saving them hundreds of dollars annually.

Property Tax Bills Across Stockport, Van Buren County, Iowa

Source: Ownwell

$720

$1,018

$1,316

Median Stockport Tax Bill

$884

Median Van Buren County Tax Bill

$987

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Stockport, Van Buren County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
52651	$243	$468	$884	$1,419	$2,046

Source: Ownwell