52571 Property Tax Rate

Property owners in ZIP code 52571 (Moravia, Iowa) pay a median of $1,981/year in property taxes on homes valued at $198,700. This translates to an effective tax rate of 1.00%, which is 22% below the Iowa state average of 1.28%.

The monthly property tax burden for a median-valued home in 52571 is approximately $165, which factors into escrow payments on mortgages. This ZIP code is located within Appanoose County.

Compared to similar ZIP codes in Iowa, 52571 has lower property taxes. ZIP codes with similar effective rates include 50641 (1.00%) and 52075 (1.00%).

In Moravia, property taxes represent approximately 2.5% of the median household income of $80,208, providing context for the relative tax burden on homeowners in this area.

Iowa does not cap assessed value growth at purchase or annually — expect reassessment to market value after purchase, which will likely increase your property tax burden significantly. Appanoose County offers a Homestead Exemption for owner-occupied homes and a Military Service Tax Exemption for qualifying veterans; contact the assessor's office to apply. Register for homestead exemption with the Appanoose County Assessor within 30 days of your purchase closing date.