How is my assessment level established?
Once the estimate of market value has been determined, the Assessor calculates a percentage of that value to arrive at assessed value. The percentage is based on the classification, determined by the type of property or how it is used. The percentages are:
  • Agricultural - 12%
  • Commercial and all other - 32%
  • Real estate residential - 19%

As an example, a residence with a market value of $50,000 would be assessed at 19%, which would place its assessed value at $9,500.

Show All Answers

1. What are assessment and reassessment?
2. How often is property reassessed?
3. What happens in the even year?
4. Is all property taxed?
5. Why is reassessment necessary?
6. Who is responsible for reassessing property?
7. What are the Assessor's qualifications?
8. What is market value?
9. How is my assessment level established?
10. How are the real estate classifications determined?
11. How does the assessor value my real property?
12. Will all property values change due to reassessment?
13. How does reassessment affect my taxes?
14. Will I be notified if there is an increase in my assessment?
15. What if I disagree with my assessment?
16. If no improvements have been made to my property, why should the assessed value increase?
17. What if I disagree with my assessment?