Property Tax in Iowa County
via TaxByCounty
Iowa County's rate aligns with national patterns
Iowa County's effective tax rate of 1.349% moderately exceeds the national median of roughly 0.85%, placing it in the mainstream nationally. The median property tax of $2,560 represents 95% of the national median of $2,690, making Iowa County one of the closest to typical U.S. property tax burdens in this group.
Iowa County slightly exceeds the state average rate
At 1.349%, Iowa County's effective rate marginally trails Iowa's average of 1.344%, making it essentially aligned with statewide norms. The median property tax of $2,560 exceeds Iowa's average of $2,160 by about $400, reflecting Iowa County's higher home values.
Higher taxes offset by stronger home values
Iowa County's 1.349% rate is higher than five of its eight-county peers, exceeded only by Henry (1.611%) and Hardin (1.427%). However, with a median home value of $189,800, Iowa County boasts the strongest property values in the group, justifying its modest tax premium.
A $189,800 median home costs $2,560 yearly
Iowa County homeowners with the median-valued property of $189,800 pay roughly $2,560 in annual property taxes, the second-highest median bill among the eight counties. Over three decades, this amounts to more than $76,800 in cumulative tax payments.
Challenge overassessments to cut your bill
Iowa County homeowners with higher-value properties should closely monitor their assessments, as overvaluation becomes especially costly at elevated price points. Comparing your assessed value to recent comparable sales can identify appeal opportunities worth hundreds of dollars annually.