50020 Property Tax Rate

Property owners in ZIP code 50020 (Anita, Iowa) pay a median of $1,299/year in property taxes on homes valued at $121,400. This translates to an effective tax rate of 1.07%, which is 16% below the Iowa state average of 1.28%.

The monthly property tax burden for a median-valued home in 50020 is approximately $108, which factors into escrow payments on mortgages. This ZIP code is located within Cass County. This is $766 less than the Iowa average of $2,065/year.

Compared to similar ZIP codes in Iowa, 50020 has higher property taxes. ZIP codes with similar effective rates include 50681 (1.07%) and 50858 (1.07%).

In Anita, property taxes represent approximately 1.9% of the median household income of $67,125, providing context for the relative tax burden on homeowners in this area.

Iowa does not cap property tax increases at purchase or reassessment; your property will be assessed at market value by the county assessor, and that assessment can increase year-to-year. Cass County residents should inquire with the Cass County Assessor about senior, veteran, or disabled homeowner exemptions available under local ordinance. File any applicable exemption forms with the Cass County Assessor by the county deadline—typically before January 1 of the tax year—to lock in relief.