Example of Dubuque County Property Tax Calculation
Dubuque County calculates property taxes based on the assessed value of the property. To calculate the property tax, the assessed value is multiplied by the tax rate.
For example, if a property in Dubuque County has an assessed value of $100,000 and the tax rate is 2%, the property tax would be $2,000.
To break it down, you would multiply the assessed value ($100,000) by the tax rate (2% or 0.02). This would give you $2,000.
It's important to note that property tax rates can vary depending on the city or township within Dubuque County. Additionally, there may be additional taxes or fees assessed based on specific circumstances, such as special assessments for road improvements or local school district taxes.
Overall, property taxes are an important source of revenue for Dubuque County and are used to fund essential services such as schools, roads, public safety, and more.
If you want appeal your property tax assessment - contact your local tax assessor.
Dubuque County Property Tax Rates
The following table lists the Dubuque County Property Tax rates per $100 of assessed value:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| Residential | $13.56 |
| Commercial | $19.91 |
| Agricultural | $8.30 |
| Industrial | $18.77 |
Please note that the rates may vary depending on the specific property and its location within Dubuque County. It is recommended to consult with a tax professional for accurate and personalized advice.
Who sets property tax rates in Dubuque County ?
In Dubuque County, property tax rates are set by the County Board of Supervisors annually. The rates are typically set in March, after a public hearing where residents have the opportunity to provide input. The County Board of Supervisors takes into consideration the county's budget for the year and any changes in property values when setting the rates. Property tax rates can vary depending on the location and type of property, and are used to fund local government services such as schools, roads, and public safety.
Homestead exemptions in Dubuque County ?
To help Dubuque County residents navigate their property taxes, here is a breakdown of all county-specific Homestead exemptions and deductions. Below is a table with the columns: exemption, eligibility, amount, and notes.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Homestead | Must be the owner and primary resident of the property | 100% exemption on the first $4,850 of assessed value | Applies to all residential properties |
| Military | Must be a veteran who served during a recognized war period | $1,852 of assessed value | Applies to homestead property only |
| Disabled | Must be disabled or over 65 years old | $2,189 of assessed value | Applies to homestead property only |
| Low-Income | Must meet income requirements based on household size | Varies | Applies to homestead property only |
| Agricultural | Must have a qualifying agricultural property | Varies based on acreage and use | Applies to agricultural properties with different requirements |
It's important to note that some exemptions have limitations or qualifications. For example, the low-income exemption may require proof of income and may only apply to properties with a certain assessed value. Additionally, the agricultural exemption has specific criteria related to the size and use of the property.
Overall, these exemptions and deductions can greatly reduce property taxes for Dubuque County residents. It's recommended to research and apply for any eligible exemptions to ensure you're not overpaying on your property taxes.
When is Dubuque County Property Tax due ?
Dubuque County Property Tax is typically due on September 30th of each year. There are several payment methods available for residents to choose from, including:
-
Online Payment
- Residents can pay their property tax online through the Dubuque County website using a credit or debit card. A convenience fee is added to this payment method.
-
Mail-In Payment
- Residents can also choose to mail in their payment using a check or money order. The payment should be sent to the Dubuque County Treasurer's Office.
-
In-Person Payment
- Residents can make their payment in person at the Dubuque County Treasurer's Office or at any local bank that accepts property tax payments.
It is important to note that failure to pay property taxes on time can result in penalties and interest fees. Therefore, it is recommended that residents choose a payment method that works best for them and make their payment before the deadline.
If you have more questions - contact your local tax collector.
How is Dubuque County Property Tax penalty calculated ?
Dubuque County property tax penalty is calculated based on the amount of unpaid taxes and the length of time they have been outstanding. The penalty is imposed at a rate of 1.5% per month, beginning on July 1st of the year the taxes were due.
To illustrate this, let's take the example of a property owner in Dubuque County who owes $4,000 in property taxes for the year 2020. The due date for these taxes was September 30th, 2020. However, the property owner failed to pay the taxes by that date and now owes the following penalties:
| Month | Penalty Rate | Penalty Amount |
|---|---|---|
| Oct | 1.5% | $60 |
| Nov | 1.5% | $90 |
| Dec | 1.5% | $120 |
| Jan | 1.5% | $150 |
| Feb | 1.5% | $180 |
| Mar | 1.5% | $210 |
| Apr | 1.5% | $240 |
| May | 1.5% | $270 |
| Jun | 1.5% | $300 |
As you can see, the total penalty for this property owner would be $1,320, which is 1.5% of the original $4,000 tax bill for each month the taxes were outstanding.
It is important to note that the penalty will continue to accrue until the taxes are paid in full. Therefore, it is in the best interest of property owners to pay their property taxes on time to avoid unnecessary penalties and fees.
In summary, Dubuque County property tax penalty is calculated at a rate of 1.5% per month based on the amount of unpaid taxes and the length of time they have been outstanding. Property owners should make every effort to pay their property taxes on time to avoid these penalties.
We recommend contacting the Dubuque County Tax Office or a local tax professional for the most up-to-date and accurate information.