Hancock County Property Tax Rate

Iowa

1.18%effective rate

Hancock County, Iowa has an effective property tax rate of 1.18%, which is 28% higher than the national average of 0.92%. On a home valued at $141,400, homeowners pay approximately $1,673 per year in property taxes. Hancock County ranks #77 out of 99 counties in Iowa for property tax rates.

Median Tax Paid🏠

$1,673

Per year

Median Home Value📊

$141,400

2024 estimate

Tax as % of Income💰

2.37%

Median income: $70,601

State Rank📍

#77

of 99 counties in IA

Tax Breakdown

With Mortgage

$1,821

median annual tax

Without Mortgage

$1,521

median annual tax

Homeowners with a mortgage in Hancock County pay on average $300 more per year than those without. This difference often reflects how property tax escrow accounts in mortgaged homes capture the full tax obligation.

How Hancock County Compares

Hancock County
1.18%
Iowa Average
1.39%
National Average
0.92%

Top Counties in Iowa

Union
1.80%
Polk
1.68%
Linn
1.66%
Montgomery
1.65%
Decatur
1.61%
Clarke
1.60%
Wapello
1.58%
Pottawattamie
1.57%

Iowa Property Tax Exemptions

Available to Hancock County homeowners

General Homestead

Up to $4,850 of assessed value or actual levy credit

Primary residence owners as of July 1

Disabled Veteran

100% exemption from property taxes

Veterans with 100% permanent service-connected disability

Property Tax Credit (Over 65/Disabled)

Credit based on income; may cover up to 100% of taxes

Homeowners age 65+ or totally disabled with income under $25,328

Property Tax Calculator

Estimate your annual property tax in Hancock County

$
$50k$2M

Estimated Annual Property Tax

$3,540

$295/month · Rate: 1.18%

Quick Facts

Population10,671
Owner-Occupied75.3%
National Rank#756 of 3,135
Median Income$70,601

Think your property tax is too high?

Homeowners save an average of $1,148/year by appealing their assessment.

Learn How to Appeal →

Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.