Grundy County, Iowa Property Taxes

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

Median Grundy County effective property tax rate: 1.29%, significantly higher than the national median of 1.02%.
Median Grundy County home value: $168,355
Median annual Grundy County tax bill: $2,137, $263 lower than the national median property tax bill of $2,400.

How are property taxes in Grundy County calculated?

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

Last Updated March 1, 2025

Grundy County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.29%

Estimate Property Tax Bill

$2,172

$2,015

Ownwell’s Grundy County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Grundy County with just two data points. By entering your property's estimated assessed value, our calculator applies Grundy 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 Grundy County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Grundy County, Iowa

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide 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. Below, you can compare Grundy County's effective property tax rate to other counties in Iowa or the U.S. median property tax rate. Grundy County's median property tax rate is 1.29%, which is above the national median rate of 1.02%. Within Iowa, Grundy Center has the highest median tax rate at 1.60%, while Hudson boasts the lowest at 0.87%. This variation highlights the importance of understanding local tax rates, as they can significantly impact your property tax bill. Whether you're a homeowner in Grundy County or elsewhere in Iowa, knowing these rates can help you make informed decisions about your property taxes.

Property Tax Rates Across Grundy County, Iowa

Source: Ownwell

0.87%

1.24%

1.60%

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 Grundy County Tax Rate

1.29%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Grundy County, Iowa

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Ackley	0.83%	0.86%	0.88%	1.03%	1.21%
Aplington	0.87%	0.89%	0.94%	1.07%	1.22%
Beaman	0.86%	0.94%	1.08%	1.18%	1.23%
Cedar Falls	0.93%	0.99%	1.02%	1.06%	1.27%
Conrad	0.86%	1.15%	1.30%	1.37%	1.43%
Dike	1.02%	1.21%	1.48%	1.53%	1.59%
Eldora	0.86%	0.90%	1.04%	1.24%	1.46%
Grundy Center	1.14%	1.50%	1.60%	1.69%	1.75%
Holland	1.04%	1.11%	1.35%	1.46%	1.54%
Hudson	0.82%	0.84%	0.87%	1.19%	1.43%
Liscomb	N/A	N/A	N/A	N/A	N/A
Morrison	0.89%	0.97%	1.00%	1.05%	1.13%
New Hartford	0.94%	0.99%	1.02%	1.05%	1.09%
Parkersburg	0.89%	0.93%	1.00%	1.10%	1.23%
Reinbeck	0.88%	1.08%	1.17%	1.25%	1.30%
Steamboat Rock	0.87%	0.89%	1.06%	1.21%	1.30%
Stout	1.17%	1.22%	1.30%	1.35%	1.47%
Wellsburg	0.89%	1.12%	1.28%	1.34%	1.44%

Source: Ownwell

Property Tax Assessment Values Across Grundy County, Iowa

When examining property taxes in Grundy 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 Grundy 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 Grundy County.

For example, the median tax bill in Grundy County is $1,384, with tax bills ranging significantly across the county. Steamboat Rock has the highest median home price at $310,855.

Property Tax Assessment Values Across Grundy County, Iowa

Source: Ownwell

$75,870

$193,363

$310,855

Median Grundy County Market Value

$168,355

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Grundy County, Iowa

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Ackley	$125,417	$155,655	$216,765	$271,480	$416,590
Aplington	$105,464	$147,010	$204,020	$299,250	$442,820
Beaman	$45,382	$75,770	$124,030	$220,510	$321,622
Cedar Falls	$90,268	$196,255	$286,550	$373,345	$477,240
Conrad	$69,395	$105,732	$160,365	$239,760	$336,549
Dike	$131,252	$178,720	$244,980	$350,480	$458,428
Eldora	$115,296	$158,250	$235,900	$383,370	$483,072
Grundy Center	$70,927	$106,950	$154,090	$233,120	$336,919
Holland	$51,590	$87,728	$146,365	$240,825	$383,890
Hudson	$168,620	$194,168	$294,230	$518,162	$659,579
Liscomb	N/A	N/A	N/A	N/A	N/A
Morrison	$5,898	$26,800	$75,870	$138,405	$176,106
New Hartford	$116,564	$196,610	$250,410	$304,120	$448,751
Parkersburg	$109,124	$177,760	$227,100	$328,930	$451,682
Reinbeck	$63,065	$101,570	$152,420	$233,290	$360,044
Steamboat Rock	$162,094	$232,998	$310,855	$397,160	$771,646
Stout	$34,078	$80,610	$105,640	$146,710	$223,384
Wellsburg	$55,860	$83,985	$121,800	$206,140	$328,170

Source: Ownwell

Property Tax Bills Across Grundy County, Iowa

In Grundy County, IA, property tax bills are calculated based on the assessed value of a property, which is determined by the local assessor. The median home price in the county is $168,355. Property taxes are influenced by several factors, including local tax rates and the specific characteristics of the property. Homeowners in Grundy County experience varying tax bills depending on these factors. The 25th percentile tax bill is $1,384, while the 75th percentile reaches $3,324. For those at the higher end, the 90th percentile tax bill is $4,962. The city of Dike has the highest median tax bill at $3,330, whereas Morrison boasts the lowest at $820. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, Grundy County's tax rates reflect a wide range of potential costs for homeowners. These taxes directly impact homeowners' financial planning and the affordability of owning property in the area.

Property Tax Bills Across Grundy County, Iowa

Source: Ownwell

$820

$2,075

$3,330

Median Grundy County Tax Bill

$2,137

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Grundy County, Iowa

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Ackley	$1,062	$1,380	$1,986	$2,844	$4,292
Aplington	$998	$1,322	$1,968	$3,040	$4,675
Beaman	$503	$825	$1,340	$2,278	$3,669
Cedar Falls	$1,191	$1,978	$2,966	$3,848	$5,472
Conrad	$853	$1,294	$1,967	$2,960	$3,965
Dike	$1,711	$2,344	$3,330	$4,820	$6,872
Eldora	$1,116	$1,678	$2,208	$4,008	$7,038
Grundy Center	$1,128	$1,668	$2,376	$3,457	$4,962
Holland	$771	$1,205	$1,869	$2,906	$4,410
Hudson	$1,403	$1,614	$2,859	$6,400	$7,990
Liscomb	N/A	N/A	N/A	N/A	N/A
Morrison	$68	$312	$820	$1,434	$1,860
New Hartford	$1,231	$1,964	$2,579	$3,250	$4,759
Parkersburg	$1,124	$1,701	$2,270	$3,329	$4,828
Reinbeck	$760	$1,156	$1,748	$2,602	$3,943
Steamboat Rock	$1,371	$2,216	$2,996	$4,704	$9,360
Stout	$792	$1,115	$1,424	$1,901	$2,738
Wellsburg	$710	$1,062	$1,518	$2,376	$3,890

Source: Ownwell