Property Tax & Income in Poweshiek County, Iowa
Poweshiek County has an effective property tax rate of 1.23%. On the median home value of $209,300, that's roughly $2,563 per year. Median household income is $67,391.
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 | Poweshiek County | Iowa (state context) |
|---|---|---|
| Effective property tax rate1 | 1.23% | 1.32% |
| Median home value1 | $209,300 | — |
| 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 Poweshiek County, IA
Someone shopping for a home in Poweshiek County, Iowa, will find prices well below what many metro areas command: the median home value sits at $209,300, and the annual property tax bill on that home comes to about $2,563. That works out to an effective rate of 1.225%, which is lower than Iowa's statewide median of 1.319% and ranks the county 70th of 99 in the state. Nationally, though, the picture flips — the U.S. median effective rate is 0.794%, so buyers here should expect to pay a larger share of home value in taxes than the average American. Households in the county earn a median of $67,391, with per-capita income of $38,109. Communities like Brooklyn, Malcom, and Searsboro anchor the county, and combined with the below-state tax rate, the overall cost of owning a home here stays within reach for many budgets.