Jasper County, Iowa Property Taxes
Property Taxes in Jasper County, Iowa
Median Jasper County effective property tax rate: 1.56%, significantly higher than the national median of 1.02%.
Median Jasper County home value: $167,640
Median annual Jasper County tax bill: $2,562, higher than the national median property tax bill of $2,400.
How are property taxes in Jasper County calculated?
Property taxes in Jasper County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
What makes Jasper County property taxes stand out? The median effective property tax rate is 1.56%, slightly higher than the Iowa median of 1.55% and well above the national median of 1.02%. The median annual tax bill is $2,562, which is also above the national median of $2,400.
Understanding Jasper County’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Jasper County or another part of the county, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Jasper County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.56%
Estimate Property Tax Bill
$2,615
$2,427
How Does the Jasper County Property Tax Calculator Work?
Use this Jasper County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Jasper County's median effective tax rate of 1.56% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Jasper County's median tax rate is higher than the Iowa median tax rate of 1.55%, and the median property tax bill is $2,562, which is $162 higher than the state median.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Jasper County.
Property Tax Rates Across Jasper County, Iowa
What Are Effective Property Tax Rates Across Jasper County?
Local government entities set tax rates, which vary widely across Jasper County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Jasper County's effective property tax rate to other counties in Iowa or the U.S. median of 1.02%.
Jasper County's median effective rate stands at 1.56%, which is higher than the national median of 1.02%. Within Jasper County, the highest rate is found in Newton at 1.74%, while Killduff has the lowest at 1.01%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Jasper County Tax Rate
1.56%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Iowa Tax Rate
1.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Jasper County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Baxter | 1.32% | 1.39% | 1.70% | 1.88% | 1.88% |
| Colfax | 1.24% | 1.31% | 1.67% | 1.86% | 1.92% |
| Collins | 1.07% | 1.18% | 1.25% | 1.36% | 1.47% |
| Gilman | 0.95% | 1.01% | 1.08% | 1.21% | 1.33% |
| Grinnell | 1.09% | 1.15% | 1.21% | 1.23% | 1.30% |
| Ira | 1.03% | 1.14% | 1.21% | 1.34% | 1.34% |
| Kellogg | 1.07% | 1.16% | 1.23% | 1.37% | 1.47% |
| Killduff | 0.91% | 0.96% | 1.01% | 1.10% | 1.10% |
| Laurel | 1.00% | 1.06% | 1.08% | 1.26% | 1.31% |
| Lynnville | 1.04% | 1.10% | 1.25% | 1.36% | 1.36% |
| Mingo | 1.23% | 1.29% | 1.35% | 1.63% | 1.72% |
| Mitchellville | 1.17% | 1.20% | 1.29% | 1.33% | 1.48% |
| Monroe | 1.15% | 1.32% | 1.50% | 1.61% | 1.61% |
| Newton | 1.22% | 1.53% | 1.74% | 1.88% | 1.88% |
| Prairie City | 1.13% | 1.22% | 1.46% | 1.56% | 1.56% |
| Reasnor | 1.01% | 1.09% | 1.20% | 1.40% | 1.58% |
| Rhodes | 0.93% | 1.32% | 1.39% | 1.43% | 1.51% |
| Runnells | 1.01% | 1.12% | 1.14% | 1.20% | 1.24% |
| Sully | 1.04% | 1.10% | 1.24% | 1.34% | 1.34% |
| Maxwell | N/A | N/A | N/A | N/A | N/A |
| Melbourne | N/A | N/A | N/A | N/A | N/A |
| Searsboro | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Jasper County, Iowa
When examining property taxes in Jasper County, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Jasper County assessor estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Jasper County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of April.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Jasper County.
For example, the median tax bill in Jasper County is $2,562, with tax bills ranging significantly across the county. Mitchellville has the highest median home price at $283,030.
Median Jasper County Market Value
$167,640
Median Iowa Market Value
$169,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Jasper County, Iowa
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Baxter | $93,526 | $138,110 | $188,340 | $289,550 | $400,558 |
| Colfax | $62,274 | $108,730 | $167,400 | $239,430 | $333,668 |
| Collins | $96,144 | $128,790 | $183,570 | $254,130 | $343,830 |
| Gilman | $120,763 | $164,255 | $183,700 | $247,042 | $347,095 |
| Grinnell | $94,328 | $164,730 | $243,160 | $340,840 | $446,316 |
| Ira | $40,140 | $52,975 | $80,150 | $119,380 | $161,450 |
| Kellogg | $45,520 | $90,845 | $151,890 | $225,650 | $308,980 |
| Killduff | $43,866 | $89,120 | $117,080 | $153,915 | $204,714 |
| Laurel | $121,052 | $145,082 | $205,305 | $274,525 | $324,842 |
| Lynnville | $67,000 | $120,610 | $181,910 | $280,385 | $366,560 |
| Mingo | $55,027 | $116,582 | $180,315 | $279,592 | $385,086 |
| Mitchellville | $167,120 | $209,100 | $283,030 | $388,670 | $516,630 |
| Monroe | $89,874 | $135,040 | $182,340 | $264,115 | $358,854 |
| Newton | $78,298 | $106,700 | $154,420 | $222,720 | $312,150 |
| Prairie City | $107,805 | $145,272 | $189,780 | $257,952 | $338,525 |
| Reasnor | $41,236 | $68,540 | $126,590 | $213,180 | $327,696 |
| Rhodes | $99,962 | $156,250 | $230,510 | $317,715 | $413,210 |
| Runnells | $99,563 | $126,120 | $169,370 | $223,488 | $289,271 |
| Sully | $103,448 | $145,140 | $195,785 | $257,515 | $339,248 |
| Maxwell | N/A | N/A | N/A | N/A | N/A |
| Melbourne | N/A | N/A | N/A | N/A | N/A |
| Searsboro | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Jasper County, Iowa
Property tax bills in Jasper County are based on the assessed value of a home and the local tax rates set by taxing authorities. The county’s median home price is $167,640, and that value helps determine how much a homeowner may owe each year. A higher assessed market value generally leads to a higher tax bill, while a lower assessed value can reduce it.
In Jasper County, the property tax bill can vary widely from one homeowner to another. The 25th percentile tax bill is $1,774, while the 75th percentile is $3,574, and the 90th percentile reaches $4,922. That spread shows how location, home value, and local levies can significantly affect what residents pay.
For homeowners, property taxes are an important ongoing cost of owning a home. Compared with the national median property tax bill of $2,400, many Jasper County homeowners pay amounts that fall below or above that benchmark depending on their property’s assessed value and tax rate.
Median Jasper County Tax Bill
$2,562
Median Iowa Tax Bill
$2,542
Median United States Tax Bill
$2,400
Property Tax Bills Across Jasper County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Baxter | $1,411 | $2,264 | $3,062 | $4,466 | $6,105 |
| Colfax | $1,024 | $1,845 | $2,706 | $3,648 | $4,810 |
| Collins | $1,086 | $1,564 | $2,278 | $3,313 | $4,341 |
| Gilman | $1,188 | $1,637 | $2,082 | $2,846 | $3,959 |
| Grinnell | $1,137 | $2,028 | $2,854 | $4,072 | $5,397 |
| Ira | $448 | $691 | $930 | $1,482 | $1,896 |
| Kellogg | $591 | $1,190 | $1,916 | $2,743 | $3,828 |
| Killduff | $390 | $852 | $1,196 | $1,468 | $1,989 |
| Laurel | $1,254 | $1,693 | $2,350 | $3,066 | $3,636 |
| Lynnville | $751 | $1,457 | $2,240 | $3,324 | $4,510 |
| Mingo | $836 | $1,662 | $2,602 | $3,846 | $5,244 |
| Mitchellville | $2,184 | $2,578 | $3,826 | $5,010 | $6,656 |
| Monroe | $1,247 | $1,906 | $2,632 | $3,632 | $5,226 |
| Newton | $1,306 | $1,822 | $2,586 | $3,576 | $4,920 |
| Prairie City | $1,368 | $1,910 | $2,668 | $3,590 | $4,897 |
| Reasnor | $512 | $918 | $1,470 | $2,562 | $3,928 |
| Rhodes | $1,008 | $1,593 | $3,472 | $4,473 | $5,566 |
| Runnells | $1,069 | $1,506 | $1,903 | $2,665 | $3,392 |
| Sully | $1,232 | $1,773 | $2,370 | $3,134 | $3,953 |
| Maxwell | N/A | N/A | N/A | N/A | N/A |
| Melbourne | N/A | N/A | N/A | N/A | N/A |
| Searsboro | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 30 |
Links | |
|---|---|
| Jasper Tax Assessor | |
| Website | beacon.schneidercorp.com |