52136 Property Tax Rate

Property owners in ZIP code 52136 (Cresco, Iowa) pay a median of $1,934/year in property taxes on homes valued at $153,300. This translates to an effective tax rate of 1.26%, which is near the Iowa state average of 1.28%.

The monthly property tax burden for a median-valued home in 52136 is approximately $161, which factors into escrow payments on mortgages. This ZIP code is located within Howard County.

Compared to similar ZIP codes in Iowa, 52136 has lower property taxes. ZIP codes with similar effective rates include 52638 (1.26%) and 51575 (1.26%).

In Cresco, property taxes represent approximately 2.9% of the median household income of $66,932, providing context for the relative tax burden on homeowners in this area.

Iowa reassesses property at market value every four years during the general reassessment cycle; your purchase price triggers a new assessment that becomes the base for future valuations. Howard County offers a Homestead Exemption that reduces assessed value for primary residences — contact the Howard County Assessor's office to file immediately after closing. Request a copy of your assessment notice and note the appeal deadline, typically 30 days from the notice date, to challenge any overvaluation.