Greene County, Iowa Property Taxes

Name: Property Tax Bills Across Greene County, Iowa
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Greene County effective property tax rate: 1.35%, significantly higher than the national median of 1.02%.
Median Greene County home value: $113,750
Median annual Greene County tax bill: $1,434, $966 lower than the national median property tax bill of $2,400.

How are property taxes in Greene County calculated?

Property taxes in Greene 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 Jefferson or another part of Greene County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Greene County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.35%

Estimate Property Tax Bill

$1,536

$1,425

Ownwell’s Greene County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Greene County with just two data points. By entering your property's estimated assessed value, our calculator applies Greene County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Greene County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Greene County, Iowa

Local government entities set tax rates, which can vary widely within a state. This variation occurs because annually, each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Greene County, Iowa, the effective property tax rate is 1.35%, which is above the national median property tax rate of 1.02%. This rate reflects the county's budgeting needs and property values. Within Iowa, tax rates can differ significantly, with Grand Junction having the highest median tax rate of 1.44%, while Coon Rapids has the lowest at 0.98%. These variations highlight how local economic factors and budgetary requirements influence property tax rates. Comparing Greene County's effective property tax rate to other counties in Iowa or the U.S. median provides valuable insight into how property taxes can affect homeowners differently depending on their location.

Property Tax Rates Across Greene County, Iowa

Source: Ownwell

0.98%

1.21%

1.44%

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 Greene County Tax Rate

1.35%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Greene County, Iowa

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bagley	0.90%	0.96%	1.07%	1.14%	1.29%
Bayard	N/A	N/A	N/A	N/A	N/A
Churdan	0.84%	0.93%	1.06%	1.25%	1.42%
Coon Rapids	0.88%	0.93%	0.98%	1.06%	1.32%
Cooper	N/A	N/A	N/A	N/A	N/A
Dana	0.75%	1.03%	1.28%	1.66%	2.00%
Glidden	N/A	N/A	N/A	N/A	N/A
Gowrie	N/A	N/A	N/A	N/A	N/A
Grand Junction	1.03%	1.20%	1.44%	1.63%	1.80%
Jamaica	0.95%	1.05%	1.11%	1.21%	1.53%
Jefferson	1.04%	1.22%	1.42%	1.56%	1.67%
Lohrville	N/A	N/A	N/A	N/A	N/A
Paton	0.87%	1.01%	1.14%	1.34%	1.65%
Perry	1.02%	1.08%	1.20%	1.24%	1.42%
Rippey	0.94%	1.06%	1.20%	1.40%	1.82%
Scranton	0.92%	1.04%	1.17%	1.37%	1.54%

Source: Ownwell

Property Tax Assessment Values Across Greene County, Iowa

When examining property taxes in Greene 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 Greene 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: 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 Greene County. For example, the median tax bill in Greene County is $1,556, with tax bills ranging significantly across the county. Jamaica has the highest median home price at $195,200.

Property Tax Assessment Values Across Greene County, Iowa

Source: Ownwell

$24,800

$110,000

$195,200

Median Greene County Market Value

$113,750

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Greene County, Iowa

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bagley	$54,500	$111,650	$154,800	$212,200	$242,800
Bayard	N/A	N/A	N/A	N/A	N/A
Churdan	$27,120	$50,450	$98,700	$162,000	$241,810
Coon Rapids	$58,050	$109,400	$141,550	$209,400	$257,300
Cooper	N/A	N/A	N/A	N/A	N/A
Dana	$1,440	$7,750	$24,800	$93,600	$174,960
Glidden	N/A	N/A	N/A	N/A	N/A
Gowrie	N/A	N/A	N/A	N/A	N/A
Grand Junction	$12,100	$29,000	$63,400	$113,450	$189,300
Jamaica	$73,320	$100,300	$195,200	$268,700	$321,940
Jefferson	$41,800	$77,550	$130,900	$188,700	$271,280
Lohrville	N/A	N/A	N/A	N/A	N/A
Paton	$16,160	$47,400	$90,500	$178,600	$232,000
Perry	$56,700	$89,725	$145,050	$238,375	$340,400
Rippey	$11,680	$53,050	$98,250	$163,725	$223,710
Scranton	$24,860	$54,100	$107,550	$166,500	$247,670

Source: Ownwell

Property Tax Bills Across Greene County, Iowa

In Greene County, IA, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in the county is $113,750, and the property tax bill varies significantly across different price points. Homeowners in the 25th percentile can expect a tax bill of around $756, while those in the 75th percentile may face a bill of $2,356. For those in the 90th percentile, the tax burden can rise to $3,435. These figures demonstrate the variability in tax bills based on the property's assessed value. In contrast, the national median property tax rate is 1.02%, with a median bill of $2,400. Within Greene County, Jamaica has the highest median tax bill at $2,250, while Dana enjoys the lowest at $264. These disparities highlight how location and home value directly impact the financial obligations of homeowners. Understanding these factors can help residents better anticipate their property tax responsibilities and manage their budgets accordingly.

Property Tax Bills Across Greene County, Iowa

Source: Ownwell

$264

$1,257

$2,250

Median Greene County Tax Bill

$1,434

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Greene County, Iowa

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bagley	$618	$1,035	$1,572	$2,498	$2,900
Bayard	N/A	N/A	N/A	N/A	N/A
Churdan	$325	$604	$1,016	$1,848	$2,656
Coon Rapids	$583	$1,007	$1,418	$2,373	$2,552
Cooper	N/A	N/A	N/A	N/A	N/A
Dana	$24	$94	$264	$1,316	$1,836
Glidden	N/A	N/A	N/A	N/A	N/A
Gowrie	N/A	N/A	N/A	N/A	N/A
Grand Junction	$167	$424	$874	$1,591	$2,480
Jamaica	$784	$1,290	$2,250	$3,078	$3,570
Jefferson	$536	$1,006	$1,752	$2,744	$3,927
Lohrville	N/A	N/A	N/A	N/A	N/A
Paton	$208	$555	$1,022	$1,829	$2,508
Perry	$579	$940	$1,799	$2,907	$3,630
Rippey	$200	$640	$1,230	$2,068	$2,816
Scranton	$305	$650	$1,236	$2,047	$3,047

Source: Ownwell