Poweshiek County, Iowa Property Taxes
Property Taxes in Poweshiek County, Iowa
Median Poweshiek County effective property tax rate: 1.37%, significantly higher than the national median of 1.02%.
Median Poweshiek County home value: $173,290
Median annual Poweshiek County tax bill: $2,384, $16 lower than the national median property tax bill of $2,400.
How are property taxes in Poweshiek County calculated?
Property taxes in Poweshiek 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.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Poweshiek County or another part of Poweshiek County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Poweshiek County, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.37%
Estimate Property Tax Bill
$2,374
$2,203
How Does the Poweshiek County Property Tax Calculator Work?
Use this Poweshiek County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Poweshiek County's median effective tax rate of 1.37% to generate your estimate.
Enter your property's estimated assessed value — the figure the assessment authority 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. Poweshiek County's median tax rate is higher than Iowa's 1.55% state median tax rate, while the county's median tax bill of $2,384 is $16 lower than the state median tax bill.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Poweshiek County.
Property Tax Rates Across Poweshiek County, Iowa
What Are Effective Property Tax Rates Across Poweshiek County?
Local government entities set tax rates, which vary widely across Poweshiek 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 Poweshiek County's effective property tax rate to other counties in Iowa or the U.S. median of 1.02%.
Poweshiek County's median effective rate stands at 1.37%, which is higher than the national median of 1.02%. Within Poweshiek County, the highest rate is found in Grinnell at 1.53%, while Montezuma 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 PoweshiekCounty Tax Rate
1.37%
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 IowaTax Rate
1.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Poweshiek County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brooklyn | 1.11% | 1.20% | 1.20% | 1.84% | 2.05% |
| Chelsea | 1.08% | 1.15% | 1.21% | 1.32% | 1.50% |
| Deep River | 0.94% | 1.01% | 1.20% | 1.37% | 1.52% |
| Gilman | 0.93% | 0.98% | 1.10% | 1.19% | 1.29% |
| Grinnell | 1.09% | 1.39% | 1.53% | 1.60% | 1.65% |
| Guernsey | 1.00% | 1.13% | 1.20% | 1.34% | 1.45% |
| Hartwick | 1.08% | 1.18% | 1.33% | 1.47% | 1.48% |
| Malcom | 0.98% | 1.09% | 1.25% | 1.40% | 1.55% |
| Montezuma | 0.96% | 1.01% | 1.01% | 1.39% | 1.55% |
| New Sharon | 0.81% | 0.99% | 1.05% | 1.19% | 1.27% |
| Searsboro | 0.94% | 0.98% | 1.10% | 1.28% | 1.40% |
| Victor | 1.04% | 1.11% | 1.18% | 1.33% | 1.46% |
| Barnes City | N/A | N/A | N/A | N/A | N/A |
| Belle Plaine | N/A | N/A | N/A | N/A | N/A |
| Gibson | N/A | N/A | N/A | N/A | N/A |
| Lynnville | N/A | N/A | N/A | N/A | N/A |
| Tama | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Poweshiek County, Iowa
When examining property taxes in Poweshiek 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 Poweshiek 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 Poweshiek 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 Poweshiek County.
For example, the median tax bill in Poweshiek County is $2,384, with tax bills ranging significantly across the county. Montezuma has the highest median home price at $225,430.
Median Poweshiek County Market Value
$173,290
Median Iowa Market Value
$169,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Poweshiek County, Iowa
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brooklyn | $28,264 | $82,072 | $144,505 | $249,708 | $381,806 |
| Chelsea | $93,205 | $119,722 | $196,885 | $299,525 | $398,430 |
| Deep River | $30,093 | $64,860 | $109,575 | $199,088 | $293,312 |
| Gilman | $109,125 | $117,480 | $140,080 | $215,058 | $285,361 |
| Grinnell | $82,654 | $120,650 | $178,060 | $248,165 | $348,048 |
| Guernsey | $33,728 | $58,428 | $129,520 | $208,885 | $340,164 |
| Hartwick | $13,968 | $67,480 | $105,590 | $184,670 | $255,032 |
| Malcom | $60,516 | $90,540 | $145,920 | $230,950 | $355,044 |
| Montezuma | $80,326 | $125,530 | $225,430 | $384,880 | $572,956 |
| New Sharon | $77,329 | $142,450 | $185,795 | $325,640 | $625,172 |
| Searsboro | $24,363 | $62,005 | $142,970 | $236,868 | $401,961 |
| Victor | $61,697 | $100,400 | $164,850 | $268,145 | $401,884 |
| Barnes City | N/A | N/A | N/A | N/A | N/A |
| Belle Plaine | N/A | N/A | N/A | N/A | N/A |
| Gibson | N/A | N/A | N/A | N/A | N/A |
| Lynnville | N/A | N/A | N/A | N/A | N/A |
| Tama | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Poweshiek County, Iowa
Property tax bills in Poweshiek County are based on the assessed value of a home and the local tax rates set by taxing authorities. When a property’s market value rises, the assessed value can increase too, which may lead to a higher tax bill. Homeowners in the county pay taxes that help fund local services, so the amount owed depends on both the home’s value and where it is located.
In Poweshiek County, the median home price is $173,290, and tax bills vary widely across the county. The 25th percentile tax bill is $1,498, while the 75th percentile is $3,500. At the high end, the 90th percentile reaches $4,996. Grinnell has the highest median tax bill at $2,590, while Deep River has the lowest at $1,335. That range shows how property taxes can affect homeowners differently, even within the same county.
Median Poweshiek County Tax Bill
$2,384
Median Iowa Tax Bill
$2,542
Median United States Tax Bill
$2,400
Property Tax Bills Across Poweshiek County, Iowa
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brooklyn | $649 | $1,307 | $2,295 | $3,402 | $4,846 |
| Chelsea | $1,101 | $1,623 | $2,316 | $3,682 | $4,805 |
| Deep River | $350 | $816 | $1,335 | $2,166 | $3,117 |
| Gilman | $1,005 | $1,339 | $1,749 | $2,422 | $3,120 |
| Grinnell | $1,192 | $1,798 | $2,590 | $3,592 | $4,995 |
| Guernsey | $424 | $605 | $1,490 | $2,572 | $4,142 |
| Hartwick | $191 | $844 | $1,411 | $2,428 | $3,250 |
| Malcom | $700 | $1,130 | $1,746 | $2,700 | $4,247 |
| Montezuma | $913 | $1,496 | $2,552 | $3,940 | $5,721 |
| New Sharon | $797 | $1,307 | $1,940 | $2,956 | $5,879 |
| Searsboro | $356 | $818 | $1,566 | $2,471 | $4,001 |
| Victor | $753 | $1,238 | $2,033 | $3,138 | $4,667 |
| Barnes City | N/A | N/A | N/A | N/A | N/A |
| Belle Plaine | N/A | N/A | N/A | N/A | N/A |
| Gibson | N/A | N/A | N/A | N/A | N/A |
| Lynnville | N/A | N/A | N/A | N/A | N/A |
| Tama | 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 | |
|---|---|
| Poweshiek Tax Assessor | |
| Website | beacon.schneidercorp.com |