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Iowa · County property tax · ACS 2024

Montgomery County Property Taxes

The median homeowner in Montgomery County pays $2,007 a year, an effective rate of 1.65%, roughly in line with the U.S. average.

$2,007
Median tax / yr · Above-median bill
1.65%
Effective rate · Highest-decile rate
+1%
vs U.S. average
#4 of 99
rank in IA

The verdict

Homeowners in Montgomery County pay a median $2,007 a year in property tax, an effective rate of 1.65%, more affordable than 7% of U.S. counties (Census ACS 2024).

$2,007
Median annual tax bill, 2024
1.65%
Effective rate on median home
#2914 of 3135
U.S. counties by tax burden
+1%
vs the national average bill

Effective rate is the median property tax bill divided by the median home value ($121,400). U.S. Census Bureau, ACS 5-Year Estimates · 2024.

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Census Bureau ACS property tax data for Iowa. Population: 10,214. Owner-occupied homes: 3,170.

The median annual property tax in Montgomery County is $2,007, which is 31% lower than the Iowa state average and 1% above the national average. The effective tax rate is 1.65% on a median home value of $121,400. Property taxes represent 3.2% of the median household income in this county.

Montgomery County's rate standing among U.S. counties

Primary signal

The effective rate is a national headwind

Montgomery County's 1.65% effective rate is among the highest of 3,135 tracked counties: only about 93% pay more.

Decision signal 2

Low among Iowa counties by effective rate

Montgomery County ranks #4 of 99 counties in Iowa by effective rate (96% of in-state counties pay a lower rate).

Decision signal 3

The bill sits below the Iowa median

Homeowners in Montgomery County pay a median annual property tax of $2,007, roughly in line with the national median and well below the Iowa state median. On a $121,400 median home, that works out to an effective rate of 1.65% once the local assessment base and millage are combined.

Decision signal 4

Income and the tax bill sit in the middle band

Property taxes in Montgomery County run within the commonly cited 2%-4% national benchmark, at about 3.2% of the $63,666 median household income.

Decision signal 5

The latest release held the bill roughly steady

Since 2023, the published ACS median estimate has held roughly steady, up 2.0%, from $1,968 to $2,007. This compares two release estimates; it does not identify a local policy, assessment, exemption, or household-bill cause.

Informational notice

Figures describe the median homeowner household in Montgomery County as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.

Median Annual Tax
$2,007
Above-median bill
-31% vs State +1% vs US
Median Home Value
$121,400
-42% vs State -47% vs US
Effective Tax Rate
1.65%
Highest-decile rate
+19% vs State +79% vs US

How to read this county's bill

The bill here climbed steeply over 2020-2024, up 33% from $1,508 to $2,007. These ACS medians describe the reported change; they do not identify whether a levy, assessment, home value, or change in the responding households caused it.

The heaviest band is also the fullest one here: 926 of 3,170 owner-occupied homes (29.2%) report annual real-estate taxes above $3,000. That band has no upper edge in the source, so the county median understates the burden carried by the plurality rather than describing it.

A top-quartile rate meets below-median earnings here, and the median bill reaches 3.2% of median household income. A rate ranking places this county by the rate alone; the ratio above is the figure that accounts for what is earned here.

The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.

What Montgomery County Homeowners Actually Pay

The single largest group of Montgomery County homeowners, 926 of 3,170 owner-occupied homes (29.2%), pays $3,000 or more a year. The median is one point in this spread, not a typical bill.

  • Less than $800 11.4% (360)
  • $800 to $1,499 18.8% (595)
  • $1,500 to $1,999 17.9% (569)
  • $2,000 to $2,999 19.1% (607)
  • $3,000 or more 29.2% (926)

Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.

113 homes here (3.6%) report no real estate tax at all. Exemptions are set by state: how Iowa handles assessments and appeals.

With vs Without Mortgage

With Mortgage
$2,023
$169/mo
Without Mortgage
$1,993
$166/mo

Mortgaged and non-mortgaged homeowners in Montgomery County pay about the same bill, a 2% gap.

Montgomery County's effective rate vs peers

Effective property tax rate (median tax ÷ median home value), ACS 2024.

Montgomery County 1.65%
Iowa average 1.39%
U.S. average 0.92%

Montgomery County's effective rate is higher than 96% of the 99 counties in Iowa - ranking #4 of 99.

Where Montgomery County sits among every U.S. county

Effective property tax rate (median tax ÷ median home value)

1.65% more affordable than 7% of 3,135 U.S. counties

Show national distribution This county 0.00% 4.00% every U.S. county, bucketed by value

Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2024

A high rate, a smaller bill

Montgomery County taxes property at 1.65%, about 19% above the Iowa average, yet its median bill of $2,007 lands roughly 31% below it. The effective rate is the bill divided by the home's value, so a county can only sit on opposite sides of the state average this way when its homes are worth materially less than the state norm. The rate is the policy; the bill is what the housing market does with it.

Montgomery County vs Benchmarks

Metric Montgomery County Iowa Avg U.S. Avg
Median Annual Tax Above-median bill $2,007 $2,897 $1,993
Effective Tax Rate Highest-decile rate 1.65% 1.39% 0.92%
Median Home Value $121,400 $208,000 $227,791
Tax as % of income Above-median income burden 3.2% - -

Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.

Montgomery County's STEEP · MID lane - is an appeal worth running?

On Montgomery County's published figures (STEEP · MID), a $121,400 median home carries a $2,007 median bill, so every 10% off an assessed value is worth about $201 a year at the same rate. Appeal Savings Estimator · appeal guide for Iowa.

Montgomery County rate trail · STEEP

$1,400$1,600$1,800$2,000$2,200 20202021202220232024 $2,007
Montgomery County ACS median tax 2020–2024: +33% ($1,508 → $2,007).
Year Median Tax (vs prior release) Effective Rate
2024 $2,007 +2.0% 1.65%
2023 $1,968 +5.9% 1.79%
2022 $1,858 +8.8% 1.87%
2021 $1,708 +13.3% 1.94%
2020 $1,508 1.77%

Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.

Montgomery County: tax-to-income at 3.2%

Tax-to-Income Ratio
3.2%
of median household income
Median Income
$63,666
per year
Monthly Tax
$167
per month

Counties near Montgomery County's effective rate

On effective rate, Montgomery County sits nearest Cowley County (KS), Labette County (KS), Scott County (KS).

On published median-tax change, the nearest matches are Long County (GA), Pine County (MN), Pittsburg County (OK).

How peers are chosen

These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.

Montgomery County: only 3% of returns show Schedule A real-estate tax

Tax year 2022: 130 of 4,690 returns from Montgomery County reported real estate taxes, averaging $3,715 - 38% of those reporters sat in the $50-75k AGI band.

What this IRS county file does not say

Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.

Other Counties in Iowa

View all counties in Iowa →

Montgomery County rate FAQs

What is the tax affordability score for Montgomery County?
Montgomery County, Iowa scores F (39/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is housing pressure at A+ (1.91×). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
What is the average property tax in Montgomery County, Iowa?
The median annual property tax in Montgomery County is $2,007, an effective rate of 1.65% on a $121,400 median home (Census ACS, 2024).
How does Montgomery County property tax compare to the national average?
Property taxes in Montgomery County run roughly in line with the national median of $1,993, an effective rate of 1.65% versus 0.92% nationally.
Are property taxes increasing in Montgomery County?
The ACS median property-tax bill for Montgomery County is recorded at $2,007 in the 2024 5-year release against $1,508 in 2020. That is a large swing, and it should be read as movement in a survey estimate rather than as a tax change: the median here rests on about 3,170 owner-occupied homes, and swings above 50% are roughly twelve times more common in the smallest counties than in the largest. Treat the two figures as imprecise and check the county assessor for actual rate changes.
What percentage of income goes to property taxes in Montgomery County?
Property taxes in Montgomery County run within the commonly cited 2%-4% national benchmark, at about 3.2% of the $63,666 median household income.

What to do with Montgomery County's STEEP rate

Inside Iowa, Montgomery County's $2,007 median bill runs low versus the state median - check peer counties before assuming the lowest bill is the best move. Iowa overview →

Montgomery County ranks #4 of 99 Iowa counties by effective rate - on the higher-burden half of the state ACS set. Iowa overview →

Nationwide peers by effective rate (then bill)

Rate-first peers for Montgomery County's STEEP effective rate, then a disjoint out-of-state bill set so the two neighborhoods stay distinct.

Similar effective rate

Nearest out-of-state counties by ACS effective rate. This county: 1.65%.

Similar median bill

Nearest out-of-state counties by ACS median annual tax. This county: $2,007/yr. Rate peers are excluded so the two link sets stay distinct.

Read with Montgomery County

Nearest ABS(median_tax) ACS peers for Montgomery County (STEEP · MID), replacing the old fixed Keep exploring strip.

STEEP MID

Data vintage and method

Data as of 2024. 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.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Montgomery County (STEEP · MID) - ACS medians, not a parcel bill.