Property Tax & Income in Grundy County, Iowa
Grundy County has an effective property tax rate of 1.14%. On the median home value of $198,800, that's roughly $2,273 per year. Median household income is $87,205.
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 | Grundy County | Iowa (state context) |
|---|---|---|
| Effective property tax rate1 | 1.14% | 1.32% |
| Median home value1 | $198,800 | — |
| 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 Grundy County, IA
Grundy County's 1.143% effective property tax rate sits below Iowa's statewide median of 1.319%, placing it 83rd among the state's 99 counties. That gap matters less than it might seem, though, since the national median rate is just 0.794% — so even a comparatively restrained Iowa county still taxes property more heavily than the country as a whole. On a median home value of $198,800, owners here pay about $2,273 a year, set against a median household income of $87,205 and per-capita income of $42,005. Communities like Dike, Conrad, and Beaman anchor a county where the tax bill, while lower than much of Iowa, remains well above what a homeowner elsewhere in the U.S. might expect to owe.