Property Tax Rates & Rules
Iowa has an average effective property tax rate of 1.47%, making it a mid-range property tax state. On a median-valued home of $210,000, the typical annual property tax bill is $3,087. Homeowners may qualify for a homestead exemption, which can reduce the taxable value of a primary residence. Homestead Tax Credit provides a reduction in tax rather than value; approx. $4,850 of value. Senior citizens may qualify for additional exemptions or tax relief programs. If you believe your property is over-assessed, you have the right to appeal.
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.
What is the property tax rate in Iowa?
Iowa has an average effective property tax rate of 1.47%. On a home valued at $210,000, the typical annual property tax bill is approximately $3,087. Rates vary by county — Polk has the highest rates while Lyon has the lowest.
Does Iowa have a homestead exemption?
Yes. Iowa offers a homestead exemption for primary residences. Homestead Tax Credit provides a reduction in tax rather than value; approx. $4,850 of value.
How is property assessed in Iowa?
Iowa assesses property at 46.34%. Subject to Rollback rate; 2025/26 residential rollback approx 46.34%. The assessed value is then multiplied by the local mill rate to determine your property tax bill.
How do I appeal my property tax assessment in Iowa?
Protest to local Board of Review between April 2 and April 30.
Are there senior property tax exemptions in Iowa?
Yes. Iowa offers property tax relief for senior citizens. Military Service Exemption and Senior Property Tax Credit/Freeze for qualifying low income.
When are property taxes due in Iowa?
Iowa property taxes are paid on a Two installments: Sept 30 and March 31.. Contact your county tax collector for exact due dates and payment options for your area.
How does Iowa property tax compare to neighboring states?
Iowa's average effective rate of 1.47% is close to the national average of approximately 1.1%. Use the comparison table above to see how neighboring states compare.
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Official Source
Iowa Tax Authority
Last verified: 2026-03-31 · Always confirm current rates before making real estate decisions.