Property Tax & Income in Van Buren County, Iowa
Van Buren County has an effective property tax rate of 1.18%. On the median home value of $114,600, that's roughly $1,355 per year. Median household income is $61,161.
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 | Van Buren County | Iowa (state context) |
|---|---|---|
| Effective property tax rate1 | 1.18% | 1.32% |
| Median home value1 | $114,600 | — |
| 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 Van Buren County, IA
In Van Buren County, Iowa, homes sell for a median of $114,600, and the annual property tax bill on such a home averages $1,355. That works out to an effective rate of 1.182%, which sits below Iowa's statewide median of 1.319% and places the county 78th among the state's 99 counties for property tax rate. Compared with the national median effective rate of 0.794%, though, buyers here pay a higher share of home value in taxes. Households earning the median income of $61,161 would owe roughly two percent of that in real-estate taxes. Keosauqua, the county seat, anchors a housing market that includes Cantril and Mount Sterling. Low purchase prices keep the dollar amount owed each year smaller than in many places, even though the rate itself runs above the national figure.