Floyd County, Iowa Property Taxes
Census Bureau ACS property tax data for Iowa. Population: 4,922.
The median annual property tax in Floyd County is $1,854, which is 14% lower than the Iowa state average and 4% below the national average. The effective tax rate is 1.39% on a median home value of $133,300. Property taxes represent 2.9% of the median household income in this county.
Median Annual Tax
$1,854
-14% vs State
-4% vs US
Median Home Value
$133,300
-17% vs State
-37% vs US
Effective Tax Rate
1.39%
+4% vs State
+46% vs US
With vs Without Mortgage
With Mortgage
$2,029
$169/mo
Without Mortgage
$1,663
$139/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 | $1,854 +5.6% | 1.39% |
| 2022 | $1,756 +10.7% | 1.36% |
| 2021 | $1,586 +4.1% | 1.46% |
| 2020 | $1,523 +3.1% | 1.41% |
| 2019 | $1,477 | 1.39% |
Tax Burden
Tax-to-Income Ratio
2.9%
of median household income
Median Income
$64,500
per year
Monthly Tax
$155
per month
Other Counties in Iowa
Van Buren County
Tax: $1,427/yr Rate: 1.20%
Cedar County
Tax: $2,433/yr Rate: 1.22%
Hancock County
Tax: $1,541/yr Rate: 1.19%
Montgomery County
Tax: $1,968/yr Rate: 1.79%
Clinton County
Tax: $2,382/yr Rate: 1.55%
Jackson County
Tax: $2,129/yr Rate: 1.25%
Frequently Asked Questions
What is the average property tax in Floyd County, Iowa? ▼
The median annual property tax in Floyd County is $1,854 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.39% on a median home value of $133,300.
How does Floyd County property tax compare to the national average? ▼
Property taxes in Floyd County are 4% below the national average of $1,923. The effective rate of 1.39% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Floyd County? ▼
In Floyd County, homeowners with a mortgage pay a median of $2,029 in annual property taxes, while homeowners without a mortgage pay $1,663. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Floyd County? ▼
Property taxes in Floyd County represent approximately 2.9% of the median household income of $64,500. 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.