52641 Property Tax Rate

Property owners in ZIP code 52641 (Mount Pleasant, Iowa) pay a median of $2,598/year in property taxes on homes valued at $164,100. This translates to an effective tax rate of 1.58%, which is 24% above the Iowa state average of 1.28%.

The monthly property tax burden for a median-valued home in 52641 is approximately $217, which factors into escrow payments on mortgages. This ZIP code is located within Henry County. This is $533 more than the Iowa average of $2,065/year.

Compared to similar ZIP codes in Iowa, 52641 has lower property taxes. ZIP codes with similar effective rates include 52728 (1.58%) and 52556 (1.59%).

In Mount Pleasant, property taxes represent approximately 4.1% of the median household income of $63,406, providing context for the relative tax burden on homeowners in this area.

Iowa does not cap assessed value growth at purchase or annually — expect full reassessment to market value after purchase, resulting in a reset of your tax base and higher annual taxes. Henry County offers a Homestead Exemption for owner-occupied homes and Military Service Tax Exemption for veterans; file with the assessor. Submit your homestead exemption application to the Henry County Assessor within 30 days of your purchase closing.