50544 Property Tax Rate

Property owners in ZIP code 50544 (Harcourt, Iowa) pay a median of $1,004/year in property taxes on homes valued at $150,500. This translates to an effective tax rate of 0.67%, which is 48% below the Iowa state average of 1.28%.

The monthly property tax burden for a median-valued home in 50544 is approximately $84, which factors into escrow payments on mortgages. This ZIP code is located within Webster County. This is $1,061 less than the Iowa average of $2,065/year.

Compared to similar ZIP codes in Iowa, 50544 has lower property taxes. ZIP codes with similar effective rates include 51630 (0.67%) and 51436 (0.66%).

In Harcourt, property taxes represent approximately 1.8% of the median household income of $56,944, 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.