Henry County, Iowa Property Taxes
Census Bureau ACS property tax data for Iowa. Population: 5,640.
The median annual property tax in Henry County is $2,394, which is 11% higher than the Iowa state average and 24% above the national average. The effective tax rate is 1.61% on a median home value of $148,600. Property taxes represent 3.7% of the median household income in this county.
Median Annual Tax
$2,394
+11% vs State
+24% vs US
Median Home Value
$148,600
-7% vs State
-30% vs US
Effective Tax Rate
1.61%
+20% vs State
+69% vs US
With vs Without Mortgage
With Mortgage
$2,298
$192/mo
Without Mortgage
$2,531
$211/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $2,394 +4.3% | 1.61% |
| 2022 | $2,295 +15.4% | 1.58% |
| 2021 | $1,989 +7.9% | 1.57% |
| 2020 | $1,843 +5.8% | 1.56% |
| 2019 | $1,742 | 1.51% |
Tax Burden
Tax-to-Income Ratio
3.7%
of median household income
Median Income
$64,604
per year
Monthly Tax
$200
per month
Other Counties in Iowa
Adams County
Tax: $1,479/yr Rate: 1.27%
Madison County
Tax: $3,681/yr Rate: 1.55%
Washington County
Tax: $2,688/yr Rate: 1.35%
Lyon County
Tax: $1,983/yr Rate: 0.92%
Winnebago County
Tax: $1,800/yr Rate: 1.36%
Ringgold County
Tax: $1,909/yr Rate: 1.27%
Frequently Asked Questions
What is the average property tax in Henry County, Iowa? ▼
The median annual property tax in Henry County is $2,394 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.61% on a median home value of $148,600.
How does Henry County property tax compare to the national average? ▼
Property taxes in Henry County are 24% above the national average of $1,923. The effective rate of 1.61% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Henry County? ▼
In Henry County, homeowners with a mortgage pay a median of $2,298 in annual property taxes, while homeowners without a mortgage pay $2,531. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Henry County? ▼
Property taxes in Henry County represent approximately 3.7% of the median household income of $64,604. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.