Property Tax & Income in Wapello County, Iowa
Wapello County has an effective property tax rate of 1.58%. On the median home value of $125,100, that's roughly $1,974 per year. Median household income is $64,766.
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 | Wapello County | Iowa (state context) |
|---|---|---|
| Effective property tax rate1 | 1.58% | 1.32% |
| Median home value1 | $125,100 | — |
| 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 Wapello County, IA
Wapello County’s effective property tax rate of 1.578% sits well above both the statewide median of 1.319% and the national median of 0.794%. Among Iowa’s 99 counties, it ranks 7th highest, placing it among the state’s more heavily taxed jurisdictions. That gap shows up in real dollars: with a median home value of $125,100, the median annual property tax bill reaches $1,974. Households here earn a median of $64,766, while per-capita income is $33,358, so property taxes claim a meaningful share of local earnings compared with places where rates are lower. Communities such as Agency, Chillicothe, and Kirkville fall within the county, and homeowners in any of them face the same countywide rate structure. Buyers weighing a move to this part of southeastern Iowa should factor the higher-than-average levy into their budgets alongside the area’s housing prices and incomes.