52537 Property Tax Rate

Property owners in ZIP code 52537 (Bloomfield, Iowa) pay a median of $2,307/year in property taxes on homes valued at $153,400. This translates to an effective tax rate of 1.50%, which is 18% above the Iowa state average of 1.28%.

The monthly property tax burden for a median-valued home in 52537 is approximately $192, which factors into escrow payments on mortgages. This ZIP code is located within Davis County. This is $242 more than the Iowa average of $2,065/year.

Compared to similar ZIP codes in Iowa, 52537 has lower property taxes. ZIP codes with similar effective rates include 50142 (1.50%) and 50846 (1.50%).

In Bloomfield, property taxes represent approximately 2.8% of the median household income of $82,713, providing context for the relative tax burden on homeowners in this area.

Iowa does not cap assessed value growth at purchase or annually — your home will be reassessed to current market value upon sale, resulting in a new, potentially much higher tax bill. Davis County offers a Homestead Exemption for primary residences and a Senior Citizen Exemption (age 65+); apply with the county assessor. File your homestead exemption with the Davis County Assessor within 30 days of closing to secure the exemption and prevent overpayment of taxes.