Iowa & New York Property Tax Calculator
Applies Iowa’s effective rate of 1.33% and its $4,850 homestead exemption.
Iowa, New York share this page.
Their rules produce the same answer to within a rounding difference, so publishing
separate near-identical pages would add URLs without adding information. Every figure
below applies to all 2.
Iowa property tax estimator
Applies Iowa’s effective rate of 1.33% and its $4,850 homestead exemption.
Estimated annual tax —
Monthly escrow —
Saved by exemption —
Iowa at a glance
| Figure | Iowa | Source |
|---|---|---|
| Effective property tax rate | 1.33% | [1] |
| Median home value | $241,000 | [1] |
| Tax on the median home | $3,205 | [1] |
| Homestead exemption | $4,850 | [2] |
Iowa highlighted. Same data as the table below, shown as a distribution so the comparison is visible at a glance.
Highlighted: Iowa, ranked 9 of 50. Median 0.79%.
Iowa property tax by home value
Annual tax at Iowa's 1.33% effective rate, with and without homestead.
| Home value | Annual | Monthly | No exemption |
|---|---|---|---|
| $75,000 | $933 | $78 | $998 |
| $100,000 | $1,265 | $105 | $1,330 |
| $125,000 | $1,598 | $133 | $1,663 |
| $150,000 | $1,930 | $161 | $1,995 |
| $175,000 | $2,263 | $189 | $2,328 |
| $200,000 | $2,595 | $216 | $2,660 |
| $225,000 | $2,928 | $244 | $2,993 |
| $250,000 | $3,260 | $272 | $3,325 |
| $300,000 | $3,925 | $327 | $3,990 |
| $350,000 | $4,590 | $383 | $4,655 |
| $400,000 | $5,255 | $438 | $5,320 |
| $450,000 | $5,920 | $493 | $5,985 |
| $500,000 | $6,585 | $549 | $6,650 |
| $600,000 | $7,915 | $660 | $7,980 |
| $700,000 | $9,245 | $770 | $9,310 |
| $850,000 | $11,240 | $937 | $11,305 |
| $1,000,000 | $13,235 | $1,103 | $13,300 |
| $1,250,000 | $16,560 | $1,380 | $16,625 |
Worked figures for Iowa
Iowa values:
| Value | Annual | Monthly | Effective |
|---|---|---|---|
| $100,000 | $1,265 | $105 | 1.27% |
| $150,000 | $1,930 | $161 | 1.29% |
| $200,000 | $2,595 | $216 | 1.30% |
| $250,000 | $3,260 | $272 | 1.30% |
| $300,000 | $3,925 | $327 | 1.31% |
| $400,000 | $5,255 | $438 | 1.31% |
| $500,000 | $6,585 | $549 | 1.32% |
| $600,000 | $7,915 | $660 | 1.32% |
| $750,000 | $9,910 | $826 | 1.32% |
| $900,000 | $11,905 | $992 | 1.32% |
| $1,000,000 | $13,235 | $1,103 | 1.32% |
| $1,500,000 | $19,885 | $1,657 | 1.33% |
How Iowa compares nationally
On effective property tax rate, Iowa ranks #9 of 50 at 1.33% — 68% above the median of 0.79%. The national range runs from 0.29% (Hawaii) to 1.88% (Illinois).
| Rank | State | Effective property tax rate |
|---|---|---|
| #7 | Texas | 1.40% |
| #8 | Ohio | 1.36% |
| #9 | Iowa | 1.33% |
| #10 | Wisconsin | 1.32% |
| #11 | New York | 1.30% |
Mid-range effective rates, ranked
Same rule structure as Iowa:
| State | Effective property tax rate | vs Iowa |
|---|---|---|
| Nebraska | 1.44% | +8.3% |
| Texas | 1.40% | +5.3% |
| Ohio | 1.36% | +2.3% |
| Iowa | 1.33% | — |
| Wisconsin | 1.32% | -0.8% |
| Pennsylvania | 1.26% | -5.3% |
| Kansas | 1.21% | -9.0% |
| Michigan | 1.19% | -10.5% |
| Rhode Island | 1.12% | -15.8% |
| Massachusetts | 1.00% | -24.8% |
| Maine | 0.98% | -26.3% |
| Alaska | 0.94% | -29.3% |
Iowa questions, answered with Iowa numbers
What is property tax on a median Iowa home?▾
Iowa's median home is $241,000 and its effective rate is 1.33%, giving roughly $3,141 a year — about $262 a month in escrow.
What about a $500,000 home?▾
Approximately $6,585 annually, after Iowa's $4,850 homestead exemption saves you about $65.
Does Iowa have a homestead exemption?▾
Yes — $4,850 off assessed value for a primary residence, worth about $65 a year at Iowa's rate.
Other mid-range effective rates
Last reviewed 2026-08-26. Iowa figures only — verify with the relevant Iowa agency before acting. How this is calculated.