How are property tax rates determined in Iowa?

Property tax rates in Iowa are set by each taxing district (municipality, school district, park district, library, etc.) based on their annual levy (the amount of tax revenue they need). The rate is calculated by dividing the levy by the total assessed value of all property in the district.

What is the composite tax rate?

The composite tax rate is the sum of all overlapping taxing district rates that apply to a specific property. A typical property may be taxed by several overlapping districts. The composite rate determines your total tax bill when multiplied by your property's assessed value.

Why do tax rates vary within the same town?

Properties within the same municipality can have different composite rates because overlapping districts (school, park, fire, library) have different boundaries. A home in one school district may have a different rate than a home two blocks away in a different school district.

Perry, IA Property Tax Rate 2026 — Full Breakdown by District

Showing latest tax year with year-over-year changes. Full rate history available with a paid plan. See products & pricing →

Property Tax — Tax Year 2025 (payable 2026)i

IA Dept of Management Property Tax

Composite Ratei

2.32%–4.15%+42%YoY

Varies by school district

Municipal Portioni

0.0000%0% of total

Effective Ratei

1.07%–1.92%

Est. Annual Taxi

$1K–$2K

Median Home Valuei

$121,400

Rate varies by school district. Your actual rate depends on which school district your property falls in.

Rate Trend — click a year to explorei

20242025

Municipal

Other Districts

Where Your Tax Dollar Goesi

$1.28 PERRY CITY/PERRY SCH/PERRY URA 25014/22 TIF ORD 966 INCREMENT

$1.28 PERRY CITY/PERRY SCH/SUN AM URBAN TIF BASE

$1.28 PERRY CITY/PERRY SCH/URBAN TIF 2002 BASE

$1.28 PERRY CITY/PERRY SCH/URBAN TIF 2000 BASE

$1.28 PERRY CITY/PERRY SCH/1996 URBAN TIF BASE

$1.28 PERRY CITY/PERRY SCH/URBAN TIF BASE

$1.28 PERRY CITY/PERRY SCH

$1.28 PERRY CITY/PERRY SCH/PERRY URA 25014/22 TIF ORD 966 BASE

$0.81 PERRY CITY AG/PERRY SCH/URBAN TIF BASE

$0.81 PERRY CITY AG/PERRY SCH/SUN AM URBAN TIF BASE

$0.81 PERRY CITY AG/PERRY SCH

$0.72 CITY OF PERRY P-IN 2014 PERRY SCHOOL / EXEMPT

$0.72 PERRY CITY EXEMPT/PERRY SCH/RES NOS. 100322A/100322B/100322C (5YR 2022-2026)

$0.72 PERRY CITY AG EXEMPT/PERRY/PHASE-IN 2017

Estimated Tax by Home Valuei

$50K

$386–$691

$100K

$772–$1,383

$150K

$1,159–$2,074

$200K

$1,545–$2,766

$250K

$1,931–$3,457

$300K

$2,317–$4,148

$350K

$2,704–$4,840

Highlighted value is closest to median home value ($121K)

14 Overlapping Taxing Districtsi

PERRY CITY/PERRY SCH/PERRY URA 25014/22 TIF ORD 966 INCREMENT

128.3%4.1489%

PERRY CITY/PERRY SCH/SUN AM URBAN TIF BASE

128.3%4.1489%

PERRY CITY/PERRY SCH/URBAN TIF 2002 BASE

128.3%4.1489%

PERRY CITY/PERRY SCH/URBAN TIF 2000 BASE

128.3%4.1489%

PERRY CITY/PERRY SCH/1996 URBAN TIF BASE

128.3%4.1489%

PERRY CITY/PERRY SCH/URBAN TIF BASE

128.3%4.1489%

PERRY CITY/PERRY SCH

128.3%4.1489%

PERRY CITY/PERRY SCH/PERRY URA 25014/22 TIF ORD 966 BASE

128.3%4.1489%

PERRY CITY AG/PERRY SCH/URBAN TIF BASE

81%2.6181%

PERRY CITY AG/PERRY SCH/SUN AM URBAN TIF BASE

81%2.6181%

PERRY CITY AG/PERRY SCH

81%2.6181%

CITY OF PERRY P-IN 2014 PERRY SCHOOL / EXEMPT

71.7%2.3177%

PERRY CITY EXEMPT/PERRY SCH/RES NOS. 100322A/100322B/100322C (5YR 2022-2026)

71.7%2.3177%

PERRY CITY AG EXEMPT/PERRY/PHASE-IN 2017

71.7%2.3177%