52644 Property Tax Rate

Property owners in ZIP code 52644 (Mount Union, Iowa) pay a median of $2,000/year in property taxes on homes valued at $155,000. This translates to an effective tax rate of 1.29%, which is near the Iowa state average of 1.28%.

The monthly property tax burden for a median-valued home in 52644 is approximately $167, which factors into escrow payments on mortgages. This ZIP code is located within Henry County.

Compared to similar ZIP codes in Iowa, 52644 has lower property taxes. ZIP codes with similar effective rates include 50518 (1.29%) and 50219 (1.29%).

In Mount Union, property taxes represent approximately 2.9% of the median household income of $69,716, 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.