Lee County, Iowa Property Taxes
Census Bureau ACS property tax data for Iowa. Population: 10,800.
The median annual property tax in Lee County is $1,855, which is 14% lower than the Iowa state average and 4% below the national average. The effective tax rate is 1.50% on a median home value of $123,600. Property taxes represent 3.1% of the median household income in this county.
Median Annual Tax
$1,855
-14% vs State
-4% vs US
Median Home Value
$123,600
-23% vs State
-42% vs US
Effective Tax Rate
1.50%
+12% vs State
+58% vs US
With vs Without Mortgage
With Mortgage
$1,988
$166/mo
Without Mortgage
$1,660
$138/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 | $1,855 +2.7% | 1.50% |
| 2022 | $1,806 +9.7% | 1.49% |
| 2021 | $1,646 +6.5% | 1.60% |
| 2020 | $1,546 +5.0% | 1.57% |
| 2019 | $1,473 | 1.56% |
Tax Burden
Tax-to-Income Ratio
3.1%
of median household income
Median Income
$59,803
per year
Monthly Tax
$155
per month
Other Counties in Iowa
Madison County
Tax: $3,681/yr Rate: 1.55%
Dallas County
Tax: $4,849/yr Rate: 1.45%
Hancock County
Tax: $1,541/yr Rate: 1.19%
Black Hawk County
Tax: $2,790/yr Rate: 1.53%
Warren County
Tax: $3,797/yr Rate: 1.50%
Tama County
Tax: $1,945/yr Rate: 1.39%
Frequently Asked Questions
What is the average property tax in Lee County, Iowa? ▼
The median annual property tax in Lee County is $1,855 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.50% on a median home value of $123,600.
How does Lee County property tax compare to the national average? ▼
Property taxes in Lee County are 4% below 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 Lee County? ▼
In Lee County, homeowners with a mortgage pay a median of $1,988 in annual property taxes, while homeowners without a mortgage pay $1,660. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Lee County? ▼
Property taxes in Lee County represent approximately 3.1% of the median household income of $59,803. 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.