50523 Property Tax Rate

Property owners in ZIP code 50523 (Callender, Iowa) pay a median of $1,688/year in property taxes on homes valued at $137,900. This translates to an effective tax rate of 1.22%, which is 4% below the Iowa state average of 1.28%.

The monthly property tax burden for a median-valued home in 50523 is approximately $141, which factors into escrow payments on mortgages. This ZIP code is located within Webster County. This is $377 less than the Iowa average of $2,065/year.

Compared to similar ZIP codes in Iowa, 50523 has lower property taxes. ZIP codes with similar effective rates include 52054 (1.22%) and 52332 (1.23%).

In Callender, property taxes represent approximately 2.0% of the median household income of $83,333, providing context for the relative tax burden on homeowners in this area.

Iowa reassesses property at market value every four years during the general reassessment cycle; your purchase price triggers a new assessment that becomes the base for future valuations. Webster County offers a Homestead Exemption that reduces assessed value for primary residences — contact the Webster County Assessor's office to file immediately after closing. Request a copy of your assessment notice and note the appeal deadline, typically 30 days from the notice date, to challenge any overvaluation.