Palo Alto County, Iowa Property Taxes
Census Bureau ACS property tax data for Iowa. Population: 2,831.
The median annual property tax in Palo Alto County is $1,471, which is 32% lower than the Iowa state average and 24% below the national average. The effective tax rate is 1.23% on a median home value of $119,300. Property taxes represent 2.1% of the median household income in this county.
Median Annual Tax
$1,471
-32% vs State
-24% vs US
Median Home Value
$119,300
-26% vs State
-44% vs US
Effective Tax Rate
1.23%
-8% vs State
+29% vs US
With vs Without Mortgage
With Mortgage
$1,598
$133/mo
Without Mortgage
$1,362
$114/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 | $1,471 +0.5% | 1.23% |
| 2022 | $1,464 +6.6% | 1.25% |
| 2021 | $1,374 +0.4% | 1.24% |
| 2020 | $1,368 +3.4% | 1.27% |
| 2019 | $1,323 | 1.29% |
Tax Burden
Tax-to-Income Ratio
2.1%
of median household income
Median Income
$68,963
per year
Monthly Tax
$123
per month
Other Counties in Iowa
Louisa County
Tax: $1,752/yr Rate: 1.27%
Benton County
Tax: $2,627/yr Rate: 1.32%
Henry County
Tax: $2,394/yr Rate: 1.61%
Ringgold County
Tax: $1,909/yr Rate: 1.27%
Mills County
Tax: $3,334/yr Rate: 1.46%
Poweshiek County
Tax: $2,362/yr Rate: 1.28%
Frequently Asked Questions
What is the average property tax in Palo Alto County, Iowa? ▼
The median annual property tax in Palo Alto County is $1,471 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.23% on a median home value of $119,300.
How does Palo Alto County property tax compare to the national average? ▼
Property taxes in Palo Alto County are 24% below the national average of $1,923. The effective rate of 1.23% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Palo Alto County? ▼
In Palo Alto County, homeowners with a mortgage pay a median of $1,598 in annual property taxes, while homeowners without a mortgage pay $1,362. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Palo Alto County? ▼
Property taxes in Palo Alto County represent approximately 2.1% of the median household income of $68,963. 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.