StateRates

Mitchell County, Iowa property tax

The median homeowner in Mitchell County, Iowa pays $1,897 a year in property tax on a home worth $164,100, an effective rate of 1.16%. The national effective rate is 0.98%.

Effective rate 1.16% #82 of 97 in Iowa
Median tax bill $1,897 per year
Median home value $164,100 owner-occupied
Median income $68,704 household

What the rate means here

At 1.16%, Mitchell County taxes property more heavily than the country as a whole, which sits at 0.98%. That combination is the usual one. Houses here are worth $164,100 against a national $303,400, and a smaller tax base has to be taxed at a higher percentage to fund the same schools and roads. Whether the state also leans on property tax by choice, as several do in place of an income tax, is a separate question the rate alone cannot answer.

It ranks #82 of 97 Iowa counties by effective rate, against a statewide 1.43%, and #743 nationally. The state runs from 1.79% in Union County down to 0.92% in Lyon County.

The median home costs 2.39 times the median household income of $68,704, against 3.86 nationally, which is a comfortable ratio by American standards. 79.96% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 10,548 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 $2,900 per year at 1.16%
$400,000 home $4,640 per year at 1.16%
$600,000 home $6,960 per year at 1.16%

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

Housing and income

Mitchell County, Iowa against Iowa and the country
Mitchell County Iowa United States
Effective property tax 1.16% 1.43% 0.98%
Median tax bill $1,897 $2,795 $2,969
Median home value $164,100 $195,900 $303,400
Median gross rent $739 $949 $1,348
Median household income $68,704 $73,147 $78,538
Home price to income 2.39× 2.68× 3.86×
Rent as share of income 12.91% 15.57% 20.6%
Owner-occupied 79.96% 71.53% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 10,548.

Nearby counties of similar size

Other Iowa counties
County Rate Median bill Home value
Guthrie County 1.33% $2,172 $163,900
Winnebago County 1.36% $1,800 $132,300
Louisa County 1.27% $1,752 $137,600
Hancock County 1.19% $1,541 $129,300
Montgomery County 1.79% $1,968 $109,900

Mitchell County property tax: common questions

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

The effective rate is 1.16% of home value, from a median tax bill of $1,897 against a median home value of $164,100. That is 0.18 points above the national 0.98%.

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

Roughly $4,640 a year at the county effective rate of 1.16%.

Is Mitchell County expensive compared with the rest of Iowa?

It ranks #82 of 97 Iowa counties by effective property tax rate, and #743 of 2,826 nationally. That is 0.27 points below the Iowa average of 1.43%.

What does housing cost in Mitchell County?

The median home is worth $164,100 and median gross rent is $739 a month. Median household income is $68,704, which puts the home at 2.39 times annual income and rent at 12.91% of it.