Monroe County, Iowa Property Taxes
Census Bureau ACS property tax data for Iowa. Population: 2,507.
The median annual property tax in Monroe County is $2,065, which is 4% lower than the Iowa state average and 7% above the national average. The effective tax rate is 1.52% on a median home value of $135,900. Property taxes represent 2.8% of the median household income in this county.
Median Annual Tax
$2,065
-4% vs State
+7% vs US
Median Home Value
$135,900
-15% vs State
-36% vs US
Effective Tax Rate
1.52%
+13% vs State
+60% vs US
With vs Without Mortgage
With Mortgage
$2,063
$172/mo
Without Mortgage
$2,067
$172/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 | $2,065 -2.2% | 1.52% |
| 2022 | $2,112 +3.1% | 1.65% |
| 2021 | $2,048 +12.9% | 1.78% |
| 2020 | $1,814 +15.3% | 1.59% |
| 2019 | $1,573 | 1.57% |
Tax Burden
Tax-to-Income Ratio
2.8%
of median household income
Median Income
$72,518
per year
Monthly Tax
$172
per month
Other Counties in Iowa
Sioux County
Tax: $2,722/yr Rate: 1.16%
Keokuk County
Tax: $1,491/yr Rate: 1.33%
Davis County
Tax: $2,217/yr Rate: 1.52%
Bremer County
Tax: $2,796/yr Rate: 1.35%
Buchanan County
Tax: $2,286/yr Rate: 1.33%
Jones County
Tax: $2,381/yr Rate: 1.30%
Frequently Asked Questions
What is the average property tax in Monroe County, Iowa? ▼
The median annual property tax in Monroe County is $2,065 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.52% on a median home value of $135,900.
How does Monroe County property tax compare to the national average? ▼
Property taxes in Monroe County are 7% above the national average of $1,923. The effective rate of 1.52% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Monroe County? ▼
In Monroe County, homeowners with a mortgage pay a median of $2,063 in annual property taxes, while homeowners without a mortgage pay $2,067. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Monroe County? ▼
Property taxes in Monroe County represent approximately 2.8% of the median household income of $72,518. 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.