Property Tax & Income in Greene County, Iowa
Greene County has an effective property tax rate of 1.15%. On the median home value of $155,400, that's roughly $1,783 per year. Median household income is $63,409.
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 | Greene County | Iowa (state context) |
|---|---|---|
| Effective property tax rate1 | 1.15% | 1.32% |
| Median home value1 | $155,400 | — |
| 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 Greene County, IA
Someone shopping for a home in Greene County, Iowa, will find median values around $155,400, with the median annual property tax bill landing near $1,783. That works out to an effective rate of 1.147%, which sits below Iowa's statewide median of 1.319% and ranks the county 82nd out of 99 in the state. Compared with the national median rate of 0.794%, taxes here run higher, though the lower home prices offset some of that difference. Households earning the median income of $63,409 would owe roughly 2.8% of that in annual property taxes. Jefferson, the largest community among Jefferson, Bagley, and Bayard, anchors the county. Buyers weighing affordability against ongoing tax costs will find a market where entry prices stay below many parts of Iowa.