51343 Property Tax Rate

Greenville, Iowa · Part of Clay County

ACS 2019-2023 · Updated Dec 2024

Effective Tax Rate

1.30%

29.8% below state avg

Median Annual Tax

$1,450

$121/mo escrow

Estimate Your Tax

$
$50K$2M

Annual Tax

$1,450

Monthly

$121

Eff. Rate

1.30%

vs. Iowa Avg29.8% below
vs. National Avg46.1% below

How ZIP 51343 Compares

Median Annual Property Tax

ZIP 51343$1,450
Iowa Average$2,065
National Average$2,690

ZIP 51343

1.30%

Effective rate

Iowa Avg

1.28%

Effective rate

National Avg

1.10%

Effective rate

State Ranking

Property Tax Rank in Iowa

0.22%state avg 1.28%3.65%

Higher than 56% of ZIP codes in Iowa(56th percentile, 908 ZIPs compared)

Property Tax Analysis

Property Tax Insights for ZIP 51343

Property owners in ZIP code 51343 (Greenville, Iowa) pay a median of $1,450/year in property taxes on homes valued at $111,500. This translates to an effective tax rate of 1.30%, which is near the Iowa state average of 1.28%.

The monthly property tax burden for a median-valued home in 51343 is approximately $121, which factors into escrow payments on mortgages. This ZIP code is located within Clay County. This is $615 less than the Iowa average of $2,065/year.

Compared to similar ZIP codes in Iowa, 51343 has lower property taxes. ZIP codes with similar effective rates include 50603 (1.30%) and 50674 (1.30%).

Iowa reassesses all property at market value annually with no statutory increase cap, and the Clay County Assessor will place your purchase on the tax rolls at its fair market value. The Homestead Property Tax Credit (HPTC) reduces taxes for households earning under $32,400, providing relief up to $1,375 per year based on your home value and income. Contact the Clay County Assessor to file your HPTC application immediately after purchase and confirm your eligibility for the credit.

Frequently Asked Questions

What is the property tax rate in ZIP code 51343?
The effective property tax rate in ZIP code 51343 (Greenville, IA) is 1.30%. This rate is calculated by dividing the median annual property tax payment by the median home value within this ZIP Code Tabulation Area (ZCTA), based on U.S. Census Bureau data.
How much are property taxes in Greenville, IA (51343)?
The median annual property tax payment in ZIP code 51343 is $1,450. This figure represents the typical amount paid by homeowners in this area. Actual taxes vary based on your assessed property value and any applicable exemptions.
How does ZIP 51343 compare to the Iowa average?
ZIP code 51343's effective tax rate of 1.30% is higher than the Iowa state average of 1.28%. The median annual property tax in this ZIP is $1,450, compared to the state average of $2,065.
What is the median home value in ZIP 51343?
The median home value in ZIP code 51343 (Greenville, IA) is $111,500, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates at the ZCTA level.
What county is ZIP code 51343 in?
ZIP code 51343 is part of Clay County in Iowa. For broader county-level property tax data, including comparisons with other counties in Iowa, visit the Clay County profile on TaxByCounty.

Margin of Error

The median property tax estimate for this ZIP code has a margin of error of ±$573. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.

County-Level Data

ZIP code 51343 is part of Clay County, Iowa. View the full county profile for broader context and more data.

View Clay County on TaxByCounty →
By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

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.

Learn about our data sources and methodology →