Property Tax & Income in Jefferson County, Iowa
Jefferson County has an effective property tax rate of 1.41%. On the median home value of $163,400, that's roughly $2,311 per year. Median household income is $61,620.
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 | Jefferson County | Iowa (state context) |
|---|---|---|
| Effective property tax rate1 | 1.41% | 1.32% |
| Median home value1 | $163,400 | — |
| 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 Jefferson County, IA
In Jefferson County, Iowa, homes sell for a median of $163,400, and the annual property tax bill on such a home comes to about $2,311. That works out to an effective rate of 1.414%, which sits above Iowa's statewide median of 1.319% and ranks 24th among the state's 99 counties. Buyers weighing a move to Fairfield or the smaller communities of Batavia and Libertyville will find that the area's comparatively affordable home prices help offset the higher tax rate; the median household income of $61,620 covers that $2,311 bill with room to spare, and per-capita income stands at $36,823. Nationally, the picture shifts, since the U.S. median effective rate is just 0.794%, meaning Iowans here pay a noticeably larger share of home value in taxes than the average American. Even so, the low entry price keeps overall ownership costs within reach for many budgets.