Property Tax & Income in Mitchell County, Iowa
Mitchell County has an effective property tax rate of 1.10%. On the median home value of $175,100, that's roughly $1,919 per year. Median household income is $71,365.
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 | Mitchell County | Iowa (state context) |
|---|---|---|
| Effective property tax rate1 | 1.10% | 1.32% |
| Median home value1 | $175,100 | — |
| 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 Mitchell County, IA
Mitchell County's effective property tax rate of 1.096% sits below Iowa's statewide median of 1.319%, placing it 90th among the state's 99 counties — a ranking that signals one of the lighter tax loads available to Iowa homeowners. Against the national median of 0.794%, however, the county still runs noticeably higher. A median home value of $175,100 produces an annual real-estate tax bill of $1,919, set against a median household income of $71,365 and per-capita income of $41,197. Communities such as Carpenter, Little Cedar, and Mc Intire anchor this rural county, where relatively affordable housing and steady earnings keep the tax obligation from climbing too far relative to what households bring in. Anyone weighing a move here would find a rate that beats most of Iowa but exceeds what many other parts of the country charge.