Iowa

Property Tax Rates & Rules

1.47%

Effective Rate

$3,087

Median Annual Tax

$210k

Median Home Value

Available

Homestead Exempt

Full Tax Details

Avg Effective Rate1.47%

Median Home Value$210,000

Median Annual Tax$3,087

Assessment Ratio46.34%

Homestead ExemptionYes

Senior ExemptionYes

Highest Rate CountyPolk

Lowest Rate CountyLyon

Payment ScheduleTwo installments: Sept 30 and March 31.

Assessment Method

Subject to Rollback rate; 2025/26 residential rollback approx 46.34%.

Homestead Exemption Details

Homestead Tax Credit provides a reduction in tax rather than value; approx. $4,850 of value.

Senior Exemption Details

Military Service Exemption and Senior Property Tax Credit/Freeze for qualifying low income.

How to Appeal Your Assessment

Protest to local Board of Review between April 2 and April 30.

Official Source

Iowa Tax Authority

Last verified: 2026-03-31 · Always confirm current rates before making real estate decisions.