50323 Property Tax Rate

Property owners in ZIP code 50323 (Urbandale, Iowa) pay a median of $7,195/year in property taxes on homes valued at $456,600. This translates to an effective tax rate of 1.58%, which is 23% above the Iowa state average of 1.28%.

The monthly property tax burden for a median-valued home in 50323 is approximately $600, which factors into escrow payments on mortgages. This ZIP code is located within Dallas County. This is $5,130 more than the Iowa average of $2,065/year.

Compared to similar ZIP codes in Iowa, 50323 has lower property taxes. ZIP codes with similar effective rates include 50849 (1.58%) and 50266 (1.58%).

In Urbandale, property taxes represent approximately 4.1% of the median household income of $173,659, providing context for the relative tax burden on homeowners in this area.

Iowa reassesses property every three years at current market value with no statewide cap, so your property may be reassessed significantly upward during the next assessment cycle. Iowa homeowners qualify for the Homestead Property Tax Exemption (reducing taxable value by ~25%) and potentially the Homestead Property Tax Credit if household income is below the state threshold; apply to the Dallas County Assessor within 90 days of purchase. File a written Assessment Appeal with the Dallas County Board of Review by the 45-day deadline from your Notice of Assessment if the assessed value does not reflect recent comparable sales.