51535 Property Tax Rate

Property owners in ZIP code 51535 (Griswold, Iowa) pay a median of $1,745/year in property taxes on homes valued at $135,500. This translates to an effective tax rate of 1.29%, which is near the Iowa state average of 1.28%.

The monthly property tax burden for a median-valued home in 51535 is approximately $145, which factors into escrow payments on mortgages. This ZIP code is located within Cass County. This is $320 less than the Iowa average of $2,065/year.

Compared to similar ZIP codes in Iowa, 51535 has higher property taxes. ZIP codes with similar effective rates include 50680 (1.29%) and 50518 (1.29%).

In Griswold, property taxes represent approximately 2.1% of the median household income of $83,929, providing context for the relative tax burden on homeowners in this area.

Iowa does not cap property tax increases at purchase or reassessment; your property will be assessed at market value by the county assessor, and that assessment can increase year-to-year. Cass County residents should inquire with the Cass County Assessor about senior, veteran, or disabled homeowner exemptions available under local ordinance. File any applicable exemption forms with the Cass County Assessor by the county deadline—typically before January 1 of the tax year—to lock in relief.