Property Tax & Income in Taylor County, Iowa
Taylor County has an effective property tax rate of 1.26%. On the median home value of $117,200, that's roughly $1,482 per year. Median household income is $67,740.
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 | Taylor County | Iowa (state context) |
|---|---|---|
| Effective property tax rate1 | 1.26% | 1.32% |
| Median home value1 | $117,200 | — |
| 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 Taylor County, IA
In Taylor County, Iowa, the median home value sits at $117,200, and the annual property tax bill on that home comes to about $1,482 — an effective rate of 1.265%. That rate lands below Iowa's statewide median of 1.319%, and the county ranks 63rd out of 99 counties for property tax rate. Buyers weighing a move to Bedford, Gravity, Sharpsburg, or elsewhere in the county will find home prices well under many national figures, with the median household earning $67,740 and per-capita income at $35,477. Compared with the national median effective rate of 0.794%, taxes here run higher, though the lower home values keep the dollar amount owed each year below what many buyers pay elsewhere.