Property Tax & Income in Osceola County, Iowa
Osceola County has an effective property tax rate of 1.13%. On the median home value of $122,600, that's roughly $1,387 per year. Median household income is $69,239.
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 | Osceola County | Iowa (state context) |
|---|---|---|
| Effective property tax rate1 | 1.13% | 1.32% |
| Median home value1 | $122,600 | — |
| 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 Osceola County, IA
Osceola County's effective property tax rate of 1.131% sits below Iowa's statewide median of 1.319%, placing it 85th among the state's 99 counties. That ranking signals a lighter tax load than most Iowa counties carry. Against the national median of 0.794%, however, Osceola County homeowners pay a noticeably higher share of their property's value each year. A median home value of $122,600 generates an annual tax bill near $1,387. With median household income at $69,239 and per-capita income of $37,595, that bill amounts to roughly two percent of a household's yearly earnings. Sibley, the county seat, and Ocheyedan are the main communities here. The picture is one of a county that compares favorably within Iowa but still taxes property more heavily than the country as a whole.