52232 Property Tax Rate

Property owners in ZIP code 52232 (Hartwick, Iowa) pay a median of $1,330/year in property taxes on homes valued at $234,800. This translates to an effective tax rate of 0.57%, which is 56% below the Iowa state average of 1.28%.

The monthly property tax burden for a median-valued home in 52232 is approximately $111, which factors into escrow payments on mortgages. This ZIP code is located within Poweshiek County. This is $735 less than the Iowa average of $2,065/year.

Compared to similar ZIP codes in Iowa, 52232 has higher property taxes. ZIP codes with similar effective rates include 51231 (0.55%) and 52134 (0.53%).

In Hartwick, property taxes represent approximately 1.4% of the median household income of $95,313, 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.