Hancock County Property Taxes
Hancock County, Iowa
Effective Tax Rate
0.00%
28.7% below state avgMedian Annual Tax
$0
$128/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
1.19%
At a Glance
Median Home Value
$129,300
State avg ▼ $160,608
Tax w/ Mortgage/yr
$1,665
$139/mo escrow
Tax w/o Mortgage/yr
$1,439
$120/mo
State Tax Rate Rank
#20
of 99 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Hancock County, Iowa
Hancock taxes run well below national average
Hancock County's effective tax rate of 1.192% sits comfortably below the national median of roughly 0.85%, placing it in the middle range nationally. The median property tax here is $1,541 annually, less than 58% of the national median of $2,690, reflecting Iowa's generally lower home values and tax burdens.
Hancock ranks among Iowa's lowest-tax counties
At 1.192%, Hancock's effective rate is notably lower than Iowa's average of 1.344%, making it one of the state's more affordable property tax counties. The county's median property tax of $1,541 trails the state average of $2,160 by about $620 annually.
Lower taxes than most neighboring counties
Hancock's 1.192% rate edges out Ida County (1.064%) but undercuts Hardin (1.427%), Howard (1.302%), and Humboldt (1.286%) in the region. This positions Hancock as a moderate-tax area in north-central Iowa, appealing to homeowners seeking balance between services and affordability.
Own a median-value home? Expect $1,541 yearly
A homeowner with a $129,300 property in Hancock pays roughly $1,541 in annual property taxes at the current effective rate. Over a 30-year mortgage, that adds up to more than $46,000 in tax payments alone.
You may be able to lower your tax bill
Many Iowa homeowners—including those in Hancock—discover their properties are assessed above actual market value, creating appeal opportunities. If your home's assessment doesn't match recent sales of comparable properties nearby, requesting a reassessment could reduce your annual tax burden.
How Hancock County Compares
Median Annual Property Tax
Hancock County
1.19%
Effective rate
Iowa Avg
1.34%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Hancock County, Iowa?
How much are property taxes in Hancock County?
How does Hancock County compare to the Iowa average?
What is the median home value in Hancock County, Iowa?
Is Hancock County a low property tax area in Iowa?
How does Hancock County rank for property taxes in Iowa?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Iowa
Data updated: March 2026
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.