50643 Property Tax Rate

Property owners in ZIP code 50643 (Hudson, Iowa) pay a median of $3,257/year in property taxes on homes valued at $240,800. This translates to an effective tax rate of 1.35%, which is 6% above the Iowa state average of 1.28%.

The monthly property tax burden for a median-valued home in 50643 is approximately $271, which factors into escrow payments on mortgages. This ZIP code is located within Black Hawk County. This is $1,192 more than the Iowa average of $2,065/year.

Compared to similar ZIP codes in Iowa, 50643 has higher property taxes. ZIP codes with similar effective rates include 50619 (1.35%) and 50575 (1.35%).

In Hudson, property taxes represent approximately 2.7% of the median household income of $120,724, providing context for the relative tax burden on homeowners in this area.

Iowa reassesses properties at full market value each year with no increase cap, and your bill could rise substantially if the Black Hawk County Assessor increases your valuation. The Homestead Property Tax Credit (HPTC) reduces taxes based on income and home value for households earning under $32,400, potentially saving up to $1,375 annually. File your HPTC application with the Black Hawk County Assessor's office immediately after purchase to ensure you qualify for the credit on your first tax statement.