Monroe County Property Taxes

Monroe County, Iowa

Effective Tax Rate

0.00%

4.4% below state avg

Median Annual Tax

$0

$172/mo escrow

#84 of 99 counties in Iowa

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

1.52%

vs. Iowa Avg4.4% below
vs. National Avg23.2% below

At a Glance

Median Home Value

$135,900

State avg $160,608

Tax w/ Mortgage/yr

$2,063

$172/mo escrow

Tax w/o Mortgage/yr

$2,067

$172/mo

State Tax Rate Rank

#84

of 99 counties (1 = lowest)

Data Story

About Property Taxes in Monroe County, Iowa

Monroe County taxes exceed national average

Monroe County's effective tax rate of 1.520% substantially exceeds the 1.1% national median, placing it in roughly the 80th percentile nationally. The median property tax of $2,065 runs 23% higher than the national median of $2,690, though lower absolute home values ($135,900) limit the total bill.

High effective rate within Iowa

Monroe County's 1.520% effective tax rate ranks among the highest in Iowa, exceeding the state average of 1.344% by 13%. The median tax bill of $2,065 exceeds Iowa's statewide median of $2,160 despite lower median home values.

Elevated rate relative to nearby counties

Monroe County's 1.520% rate significantly exceeds Mitchell County's 1.156% and Monona County's 1.152%, though it falls below Mills County's 1.458%. For comparable home values in the region, Monroe homeowners face among the steepest effective rates.

Monroe median home tax reaches $2,065

A home valued at Monroe County's $135,900 median generates an estimated annual property tax of $2,065 at the county's 1.520% rate. Despite modest home values, the high effective rate produces mid-range annual tax bills for the region.

High rates make reassessment reviews worthwhile

In high-tax-rate counties, even small assessment adjustments deliver meaningful annual savings due to the steep effective rate. Monroe County homeowners should particularly consider reviewing their assessments if they suspect overvaluation.

How Monroe County Compares

Median Annual Property Tax

Monroe County$2,065
Iowa State Average$2,160
National Average$1,924

Monroe County

1.52%

Effective rate

Iowa Avg

1.34%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Monroe County, Iowa?
The effective property tax rate in Monroe County, Iowa is 1.52%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Monroe County?
The median annual property tax payment in Monroe County is $2,065. Homeowners with a mortgage pay a median of $2,063, while those without a mortgage pay $2,067.
How does Monroe County compare to the Iowa average?
Monroe County's effective tax rate of 1.52% is higher than the Iowa state average of 1.34%. The median annual property tax in Monroe County is $2,065, compared to the state average of $2,160.
What is the median home value in Monroe County, Iowa?
The median home value in Monroe County, Iowa is $135,900, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Monroe County property tax rate higher than the Iowa average?
Monroe County's effective property tax rate of 1.52% is higher than the Iowa average of 1.34%. This difference of 0.17% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Monroe County rank for property taxes in Iowa?
Monroe County ranks #84 out of 99 counties in Iowa by effective property tax rate (1 = lowest). With a rate of 1.52% and median annual tax of $2,065, it falls in the upper third of counties statewide.

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.