Story County, Iowa Property Taxes
Census Bureau ACS property tax data for Iowa. Population: 21,668.
The median annual property tax in Story County is $3,586, which is 66% higher than the Iowa state average and 86% above the national average. The effective tax rate is 1.47% on a median home value of $243,600. Property taxes represent 5.2% of the median household income in this county.
Median Annual Tax
$3,586
+66% vs State
+86% vs US
Median Home Value
$243,600
+52% vs State
+15% vs US
Effective Tax Rate
1.47%
+10% vs State
+55% vs US
With vs Without Mortgage
With Mortgage
$3,740
$312/mo
Without Mortgage
$3,394
$283/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 | $3,586 +3.9% | 1.47% |
| 2022 | $3,453 +9.4% | 1.51% |
| 2021 | $3,157 +4.8% | 1.54% |
| 2020 | $3,011 +4.5% | 1.54% |
| 2019 | $2,880 | 1.55% |
Tax Burden
Tax-to-Income Ratio
5.2%
of median household income
Median Income
$69,006
per year
Monthly Tax
$299
per month
Other Counties in Iowa
Linn County
Tax: $3,396/yr Rate: 1.66%
Dubuque County
Tax: $2,848/yr Rate: 1.26%
Montgomery County
Tax: $1,968/yr Rate: 1.79%
Monroe County
Tax: $2,065/yr Rate: 1.52%
Iowa County
Tax: $2,560/yr Rate: 1.35%
Mahaska County
Tax: $1,956/yr Rate: 1.39%
Frequently Asked Questions
What is the average property tax in Story County, Iowa? ▼
The median annual property tax in Story County is $3,586 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.47% on a median home value of $243,600.
How does Story County property tax compare to the national average? ▼
Property taxes in Story County are 86% above the national average of $1,923. The effective rate of 1.47% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Story County? ▼
In Story County, homeowners with a mortgage pay a median of $3,740 in annual property taxes, while homeowners without a mortgage pay $3,394. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Story County? ▼
Property taxes in Story County represent approximately 5.2% of the median household income of $69,006. 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.