51054 Property Tax Rate

Property owners in ZIP code 51054 (Sergeant Bluff, Iowa) pay a median of $3,535/year in property taxes on homes valued at $292,600. This translates to an effective tax rate of 1.21%, which is 5% below the Iowa state average of 1.28%.

The monthly property tax burden for a median-valued home in 51054 is approximately $295, which factors into escrow payments on mortgages. This ZIP code is located within Woodbury County. This is $1,470 more than the Iowa average of $2,065/year.

Compared to similar ZIP codes in Iowa, 51054 has higher property taxes. ZIP codes with similar effective rates include 50461 (1.21%) and 52217 (1.21%).

In Sergeant Bluff, property taxes represent approximately 2.9% of the median household income of $121,228, providing context for the relative tax burden on homeowners in this area.

Iowa reassesses all property at market value with no statutory increase limit, and the Woodbury County Assessor will place your purchase on the rolls at its fair market value at closing. The Homestead Property Tax Credit (HPTC) provides tax relief up to $1,375 per year for homeowners earning below $32,400, directly reducing your annual property tax bill. Contact the Woodbury County Assessor to file your HPTC application within 60 days of purchase and confirm you meet all eligibility requirements.