Property Tax & Income in Calhoun County, Iowa
Calhoun County has an effective property tax rate of 1.32%. On the median home value of $118,800, that's roughly $1,567 per year. Median household income is $64,964.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Calhoun County | Iowa (state context) |
|---|---|---|
| Effective property tax rate1 | 1.32% | 1.32% |
| Median home value1 | $118,800 | — |
| State income tax3 | top rate 3.80% | top rate 3.80% |
| State sales tax3 | 6.94% combined | 6.94% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Calhoun County, IA
In Calhoun County, Iowa, the median home value sits at $118,800, and the annual property tax bill on such a home comes to about $1,567. That works out to an effective rate of 1.319%, which matches the statewide median and lands the county at 50th of Iowa's 99 counties. Compared with the national median rate of 0.794%, buyers here pay a higher share of home value in taxes, though the lower sticker prices keep total bills contained. Household income averages $64,964, with per-capita income at $37,315. Farnhamville, Jolley, and Knierim are among the communities here, with Farnhamville the largest of the three. For anyone weighing a purchase, the combination of inexpensive housing and a mid-pack state ranking may matter more than the gap against national figures.