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.

Woodward, 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

2.73%–4.01%+41.6%YoY

Varies by school district

Municipal Portioni

0.0000%0% of total

Effective Ratei

1.26%–1.86%

Est. Annual Taxi

$2K–$3K

Median Home Valuei

$179,900

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

$1.19 WOODWARD CITY - WOODWARD-GRANGER CSD

$1.16 WOODWARD CITY/WWGR SCH/WOODWARD KEYSTONE URA 25046/22 TIF ORD 22-417 INCREMENT

$1.16 WOODWARD CITY/WWGR SCH/WOODWARD KEYSTONE URA 25046/22 TIF ORD 22-417 BASE

$1.16 WOODWARD CITY/WWGR SCH/EBP ORD'17 TIF BASE

$1.16 WOODWARD CITY URB TIF 2011/WOODWARD-GRANGER S

$1.16 WOODWARD CITY/WOODWARD-GRANGER SCH

$0.84 WOODWARD CITY AG - WOODWARD/GRANGER CSD

$0.81 WOODWARD CITY AG/WOODWARD-GRANGER SCH

$0.81 WOODWARD CITY AG URB TIF 2011/WOODWARD-GRANGE

$0.81 WOODWARD CITY AG/WWGR SCH/EBP ORD'17 TIF BASE

Estimated Tax by Home Valuei

$50K

$455–$669

$100K

$910–$1,338

$150K

$1,364–$2,006

$200K

$1,819–$2,675

$250K

$2,274–$3,344

$300K

$2,729–$4,013

$350K

$3,184–$4,681

Highlighted value is closest to median home value ($180K)

10 Overlapping Taxing Districtsi

WOODWARD CITY - WOODWARD-GRANGER CSD

119%4.0131%

WOODWARD CITY/WWGR SCH/WOODWARD KEYSTONE URA 25046/22 TIF ORD 22-417 INCREMENT

115.7%3.9014%

WOODWARD CITY/WWGR SCH/WOODWARD KEYSTONE URA 25046/22 TIF ORD 22-417 BASE

115.7%3.9014%

WOODWARD CITY/WWGR SCH/EBP ORD'17 TIF BASE

115.7%3.9014%

WOODWARD CITY URB TIF 2011/WOODWARD-GRANGER S

115.7%3.9014%

WOODWARD CITY/WOODWARD-GRANGER SCH

115.7%3.9014%

WOODWARD CITY AG - WOODWARD/GRANGER CSD

84.3%2.8408%

WOODWARD CITY AG/WOODWARD-GRANGER SCH

81%2.7290%

WOODWARD CITY AG URB TIF 2011/WOODWARD-GRANGE

81%2.7290%

WOODWARD CITY AG/WWGR SCH/EBP ORD'17 TIF BASE

81%2.7290%