Monona County, Iowa Property Taxes
Census Bureau ACS property tax data for Iowa. Population: 2,974.
The median annual property tax in Monona County is $1,412, which is 35% lower than the Iowa state average and 27% below the national average. The effective tax rate is 1.15% on a median home value of $122,600. Property taxes represent 2.2% of the median household income in this county.
Median Annual Tax
$1,412
-35% vs State
-27% vs US
Median Home Value
$122,600
-24% vs State
-42% vs US
Effective Tax Rate
1.15%
-14% vs State
+21% vs US
With vs Without Mortgage
With Mortgage
$1,629
$136/mo
Without Mortgage
$1,204
$100/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 | $1,412 +8.5% | 1.15% |
| 2022 | $1,301 +4.0% | 1.20% |
| 2021 | $1,251 +9.4% | 1.26% |
| 2020 | $1,143 +3.7% | 1.27% |
| 2019 | $1,102 | 1.27% |
Tax Burden
Tax-to-Income Ratio
2.2%
of median household income
Median Income
$62,944
per year
Monthly Tax
$118
per month
Other Counties in Iowa
Guthrie County
Tax: $2,172/yr Rate: 1.33%
Warren County
Tax: $3,797/yr Rate: 1.50%
Clayton County
Tax: $2,149/yr Rate: 1.38%
Grundy County
Tax: $1,929/yr Rate: 1.07%
Keokuk County
Tax: $1,491/yr Rate: 1.33%
Johnson County
Tax: $4,587/yr Rate: 1.56%
Frequently Asked Questions
What is the average property tax in Monona County, Iowa? ▼
The median annual property tax in Monona County is $1,412 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.15% on a median home value of $122,600.
How does Monona County property tax compare to the national average? ▼
Property taxes in Monona County are 27% below the national average of $1,923. The effective rate of 1.15% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Monona County? ▼
In Monona County, homeowners with a mortgage pay a median of $1,629 in annual property taxes, while homeowners without a mortgage pay $1,204. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Monona County? ▼
Property taxes in Monona County represent approximately 2.2% of the median household income of $62,944. 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.