Cerro Gordo County, Iowa Property Taxes
Census Bureau ACS property tax data for Iowa. Population: 13,915.
The median annual property tax in Cerro Gordo County is $2,305, which is 7% higher than the Iowa state average and 20% above the national average. The effective tax rate is 1.50% on a median home value of $154,100. Property taxes represent 3.5% of the median household income in this county.
Median Annual Tax
$2,305
+7% vs State
+20% vs US
Median Home Value
$154,100
-4% vs State
-27% vs US
Effective Tax Rate
1.50%
+12% vs State
+58% vs US
With vs Without Mortgage
With Mortgage
$2,391
$199/mo
Without Mortgage
$2,185
$182/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $2,305 +5.6% | 1.50% |
| 2022 | $2,182 +11.9% | 1.50% |
| 2021 | $1,950 +4.7% | 1.46% |
| 2020 | $1,863 +3.9% | 1.43% |
| 2019 | $1,793 | 1.39% |
Tax Burden
Tax-to-Income Ratio
3.5%
of median household income
Median Income
$65,537
per year
Monthly Tax
$192
per month
Other Counties in Iowa
Fremont County
Tax: $1,918/yr Rate: 1.30%
Cedar County
Tax: $2,433/yr Rate: 1.22%
Palo Alto County
Tax: $1,471/yr Rate: 1.23%
Henry County
Tax: $2,394/yr Rate: 1.61%
Jasper County
Tax: $2,518/yr Rate: 1.42%
Lucas County
Tax: $1,732/yr Rate: 1.48%
Frequently Asked Questions
What is the average property tax in Cerro Gordo County, Iowa? ▼
The median annual property tax in Cerro Gordo County is $2,305 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.50% on a median home value of $154,100.
How does Cerro Gordo County property tax compare to the national average? ▼
Property taxes in Cerro Gordo County are 20% above the national average of $1,923. The effective rate of 1.50% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Cerro Gordo County? ▼
In Cerro Gordo County, homeowners with a mortgage pay a median of $2,391 in annual property taxes, while homeowners without a mortgage pay $2,185. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Cerro Gordo County? ▼
Property taxes in Cerro Gordo County represent approximately 3.5% of the median household income of $65,537. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.