52221 Property Tax Rate

Property owners in ZIP code 52221 (Guernsey, Iowa) pay a median of $1,852/year in property taxes on homes valued at $226,700. This translates to an effective tax rate of 0.82%, which is 36% below the Iowa state average of 1.28%.

The monthly property tax burden for a median-valued home in 52221 is approximately $154, which factors into escrow payments on mortgages. This ZIP code is located within Poweshiek County. This is $213 less than the Iowa average of $2,065/year.

Compared to similar ZIP codes in Iowa, 52221 has higher property taxes. ZIP codes with similar effective rates include 52140 (0.82%) and 50064 (0.82%).

In Guernsey, property taxes represent approximately 2.2% of the median household income of $84,250, providing context for the relative tax burden on homeowners in this area.

Iowa does not cap property tax increases at purchase or reassessment; the Poweshiek County Assessor will assess your property at market value, and subsequent increases are not limited by state law. Poweshiek County offers county-level exemptions for seniors (65+), disabled homeowners, and veterans—contact the Poweshiek County Assessor for specific income caps and required documents. File your exemption claim with the Poweshiek County Assessor by January 1 of the tax year for which you seek relief.