52761 Property Tax Rate

Property owners in ZIP code 52761 (Muscatine, Iowa) pay a median of $2,653/year in property taxes on homes valued at $164,500. This translates to an effective tax rate of 1.61%, which is 26% above the Iowa state average of 1.28%.

The monthly property tax burden for a median-valued home in 52761 is approximately $221, which factors into escrow payments on mortgages. This ZIP code is located within Muscatine County. This is $588 more than the Iowa average of $2,065/year.

Compared to similar ZIP codes in Iowa, 52761 has higher property taxes. ZIP codes with similar effective rates include 51103 (1.61%) and 50211 (1.61%).

In Muscatine, property taxes represent approximately 4.2% of the median household income of $63,924, providing context for the relative tax burden on homeowners in this area.

Iowa does not cap assessed value growth at purchase or annually — reassessment to current market value occurs following purchase, potentially doubling your tax obligation compared to the prior owner's bill. Muscatine County offers a Homestead Exemption (primary residence) and Senior Citizen Property Tax Credit for owners 65+ with qualifying income; apply through the county assessor. File for homestead exemption with the Muscatine County Assessor within 30 days of closing to activate the exemption on your property record.