51062 Property Tax Rate
Westfield, Iowa · Part of Plymouth County
Effective Tax Rate
1.46%
100.3% above state avgMedian Annual Tax
$4,137
$345/mo escrow
Estimate Your Tax
Annual Tax
$4,137
Monthly
$345
Eff. Rate
1.46%
How ZIP 51062 Compares
Median Annual Property Tax
ZIP 51062
1.46%
Effective rate
Iowa Avg
1.28%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Iowa
Higher than 75% of ZIP codes in Iowa(75th percentile, 908 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 51062
Property owners in ZIP code 51062 (Westfield, Iowa) pay a median of $4,137/year in property taxes on homes valued at $284,200. This translates to an effective tax rate of 1.46%, which is 14% above the Iowa state average of 1.28%.
The monthly property tax burden for a median-valued home in 51062 is approximately $345, which factors into escrow payments on mortgages. This ZIP code is located within Plymouth County. This is $2,072 more than the Iowa average of $2,065/year.
Compared to similar ZIP codes in Iowa, 51062 has lower property taxes. ZIP codes with similar effective rates include 50532 (1.46%) and 52255 (1.46%).
Iowa reassesses property at market value annually with no statutory cap on increases, and the Plymouth County Assessor will adjust your bill as your home's assessed value changes. The Homestead Property Tax Credit (HPTC) provides tax relief up to $1,375 per year for homeowners with household income below $32,400, based on your home's value and financial situation. Apply for the HPTC with the Plymouth County Assessor within 60 days of purchase to lock in the credit for your first tax year.
Frequently Asked Questions
What is the property tax rate in ZIP code 51062?
How much are property taxes in Westfield, IA (51062)?
How does ZIP 51062 compare to the Iowa average?
What is the median home value in ZIP 51062?
What county is ZIP code 51062 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$2,591. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 51062 is part of Plymouth County, Iowa. View the full county profile for broader context and more data.
View Plymouth County on TaxByCounty →Similar ZIP Codes in Iowa
50532
+0.00%Duncombe
1.46%
$2,467/yr
52255
+0.00%Lowden
1.46%
$2,009/yr
52774
+0.00%Welton
1.46%
$1,679/yr
50156
+0.00%Madrid
1.46%
$3,202/yr
52047
-0.00%Farmersburg
1.45%
$1,466/yr
52577
+0.00%Oskaloosa
1.46%
$2,098/yr
50636
-0.00%Greene
1.45%
$2,177/yr
50243
+0.00%Sheldahl
1.46%
$2,556/yr
51023
+0.00%Hawarden
1.46%
$2,169/yr
50616
-0.01%Charles City
1.45%
$1,957/yr
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.