StateRates

Greene County, Iowa property tax

The median homeowner in Greene County, Iowa pays $1,682 a year in property tax on a home worth $140,500, an effective rate of 1.20%. The national effective rate is 0.98%.

Effective rate 1.20% #76 of 97 in Iowa
Median tax bill $1,682 per year
Median home value $140,500 owner-occupied
Median income $59,159 household

What the rate means here

At 1.20%, Greene County taxes property more heavily than the country as a whole, which sits at 0.98%. The rate is high and the housing is cheap, and those two facts are connected. The bill of $1,682 is what actually leaves a household's account, and it is the number worth comparing between places.

It ranks #76 of 97 Iowa counties by effective rate, against a statewide 1.43%, and #696 nationally. The state runs from 1.79% in Union County down to 0.92% in Lyon County.

The median home costs 2.37 times the median household income of $59,159, against 3.86 nationally, which is a comfortable ratio by American standards. 74.26% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 8,722 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $3,000 per year at 1.20%
$400,000 home $4,800 per year at 1.20%
$600,000 home $7,200 per year at 1.20%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Greene County, Iowa against Iowa and the country
Greene County Iowa United States
Effective property tax 1.20% 1.43% 0.98%
Median tax bill $1,682 $2,795 $2,969
Median home value $140,500 $195,900 $303,400
Median gross rent $774 $949 $1,348
Median household income $59,159 $73,147 $78,538
Home price to income 2.37× 2.68× 3.86×
Rent as share of income 15.7% 15.57% 20.6%
Owner-occupied 74.26% 71.53% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 8,722.

Nearby counties of similar size

Other Iowa counties
County Rate Median bill Home value
Lucas County 1.48% $1,732 $117,000
Monona County 1.15% $1,412 $122,600
Palo Alto County 1.23% $1,471 $119,300
Davis County 1.52% $2,217 $146,000
Emmet County 1.48% $1,570 $106,200

Greene County property tax: common questions

What is the property tax rate in Greene County, Iowa?

The effective rate is 1.20% of home value, from a median tax bill of $1,682 against a median home value of $140,500. That is 0.22 points above the national 0.98%.

How much is property tax on a $400,000 home in Greene County?

Roughly $4,800 a year at the county effective rate of 1.20%.

Is Greene County expensive compared with the rest of Iowa?

It ranks #76 of 97 Iowa counties by effective property tax rate, and #696 of 2,826 nationally. That is 0.23 points below the Iowa average of 1.43%.

What does housing cost in Greene County?

The median home is worth $140,500 and median gross rent is $774 a month. Median household income is $59,159, which puts the home at 2.37 times annual income and rent at 15.7% of it.