Washington, Washington County, Iowa Property Taxes

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

Median Washington, IA effective property tax rate: 1.73%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median Washington, IA home value: $153,900
Median annual Washington, IA tax bill: $2,600, $200 higher than the national median property tax bill of $2,400.

How are property taxes in Washington calculated?

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

Last Updated March 1, 2025

Washington, Washington County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.73%

Estimate Property Tax Bill

$2,662

$2,471

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

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

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

Property Tax Rates Across Washington, Washington 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 Washington’s effective property tax rate to other cities in Iowa and the median property tax rates in Iowa and the U.S. Washington in Washington County has a median property tax rate of 1.73%, which is significantly higher than the national median of 1.02%. This rate is consistent across the county, as both the highest and lowest median tax rates are the same at 1.73%. Understanding these differences can be crucial for property owners looking to manage their tax liabilities effectively. Whether you're a homeowner or an investor, staying informed about property tax trends can help you make more strategic decisions.

Property Tax Rates Across Washington, Washington County, Iowa

Source: Ownwell

1.03%

1.38%

1.73%

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 Washington Tax Rate

1.73%

Median Effective Washington County Tax Rate

1.51%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Washington, Washington County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
52353	1.28%	1.51%	1.73%	1.85%	1.93%

Source: Ownwell

Property Tax Assessment Values Across Washington, Washington County, Iowa

When examining property taxes in WASHINGTON, 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 Washington 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 Washington 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 WASHINGTON. For example, the median home price in WASHINGTON is $153,900, with tax bills ranging significantly across the county. Zip code 52353 has the highest median home price at $153,900.

Property Tax Assessment Values Across Washington, Washington County, Iowa

Source: Ownwell

$55,400

$147,950

$240,500

Median Washington Market Value

$153,900

Median Washington County Market Value

$175,000

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Washington, Washington County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
52353	$66,300	$101,800	$153,900	$224,050	$316,340

Source: Ownwell

Property Tax Bills Across Washington, Washington County, Iowa

In Washington, IA, property tax bills are determined based on the assessed value of a home, which is a percentage of the property's market value. The median home price in Washington is $153,900, and property tax rates are applied to this assessed value to calculate the tax bill. For homeowners, the tax bill can vary significantly, with the 25th percentile at $1,742 and the 75th percentile reaching $3,566. Notably, the 90th percentile tax bill is as high as $4,896. Compared to the national median property tax bill of $2,400, Washington's figures can be higher, impacting homeowners' finances considerably.

Factors influencing the property tax bill include the local tax rate and any applicable exemptions. Homeowners may benefit from appealing their assessed property value to ensure it accurately reflects the current market conditions. Ownwell offers expertise in property tax appeal and exemption services, helping homeowners potentially lower their tax bills. By analyzing assessment data and identifying discrepancies, Ownwell can assist in reducing the financial burden of property taxes in Washington, IA.

Property Tax Bills Across Washington, Washington County, Iowa

Source: Ownwell

$571

$1,981

$3,390

Median Washington Tax Bill

$2,600

Median Washington County Tax Bill

$2,626

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Washington, Washington County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
52353	$1,158	$1,742	$2,600	$3,566	$4,896

Source: Ownwell