Property Tax & Income in Marshall County, Iowa
Marshall County has an effective property tax rate of 1.42%. On the median home value of $145,500, that's roughly $2,067 per year. Median household income is $73,315.
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 | Marshall County | Iowa (state context) |
|---|---|---|
| Effective property tax rate1 | 1.42% | 1.32% |
| Median home value1 | $145,500 | — |
| 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 Marshall County, IA
Marshall County's effective property tax rate of 1.421% sits above Iowa's statewide median of 1.319%, placing it 23rd among the state's 99 counties. That ranking puts the county in the upper quarter for tax burden within Iowa, though not at the extreme. Homeowners here face a median annual real-estate tax bill of $2,067 on a median home value of $145,500, set against a median household income of $73,315. Compared with the national median effective rate of 0.794%, Marshall County's rate is nearly double, a gap that reflects broader regional patterns in which Midwest property taxes tend to run higher than the country as a whole. Communities such as Albion, Clemons, and Ferguson fall within the county's boundaries, and the tax figures apply across these areas. The rate signals a meaningful ongoing cost tied to homeownership here, one that shapes affordability alongside mortgage payments.