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.

Polk City, 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

2.63%–4.44%+53.8%YoY

Varies by school district

Municipal Portioni

0.0000%0% of total

Effective Ratei

1.22%–2.06%

Est. Annual Taxi

$5K–$9K

Median Home Valuei

$414,800

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

$1.26 POLK CITYCITY /N POLK SCH/ PARK PLACE CENTER

$1.20 POLK CITY CITY/N POLK SCH/ UR BASE

$1.13 POLK CITY/N-POLK SCH/MAD CEM/20 OCT ADD UR AREA II TIF BASE

$1.13 POLK CITY/N-POLK SCH/MAD CEM/KOESTER CONST 10

$1.13 POLK CITY/N-POLK SCH/MAD CEM/12 URBAN RENEWAL

$1.13 POLK CITY/N-POLK SCH/MAD CEM/17 WHITETAIL RIDGE RES TIF BASE

$1.13 POLK CITY/N-POLK SCH/MAD CEM/21 AMD WHITETAIL RIDGE TIF BASE

$1.13 POLK CITY/N-POLK SCH/MAD CEM

$1.13 POLK CITY/N-POLK SCH/MAD CEM/20 OCT ADD UR AREA II TIF INCR

$1.13 POLK CITY/N-POLK SCH/MAD CEM/16 DEER HAVEN TI

$1.13 POLK CITY/N-POLK SCH/MAD CEM/21 AMD WHITETAIL RIDGE TIF INCR

$1.13 POLK CITY/N-POLK SCH

$1.05 POLK CITY/ANKENY SCH/12 URBAN RENEWAL AREA II

$1.05 POLK CITY/ANKENY SCH

$1.05 POLK CITY CITY/N POLK SCH/ UR#2 BASE

$1.05 POLK CITY CITY AG /N POLK SCH/ UR#2 BASE

$1.02 POLK CITY CITY/N POLK SCH/ ARROW RIDGE UR BAS

$0.91 POLK CITY CITY/N POLK SCH/ KUM & GO UR BASE

$0.91 POLK CITY AG/N-POLK SCH/MAD CEM/12 URBAN RENE

$0.91 POLK CITY AG/N-POLK SCH/MAD CEM

$0.91 POLK CITY AG/N-POLK SCH/MAD CEM/16 DEER HAVEN

$0.91 POLK CITY AG/N-POLK SCH/MAD CEM/17 WHITETAIL RIDGE RES TIF BASE

$0.91 POLK CITY AG/N-POLK SCH/MAD CEM/20 OCT ADD UR AREA II TIF INCR

$0.91 POLK CITY AG/N-POLK SCH/MAD CEM/20 OCT ADD UR AREA II TIF BASE

$0.91 POLK CITY AG/N-POLK SCH

$0.90 POLK CITYCITY /N POLK SCH/ LINT HEIGHTS BASE

$0.83 POLK CITY AG/ANKENY SCH/12 URBAN RENEWAL AREA

$0.83 POLK CITY AG/ANKENY SCH

$0.82 POLK CITY EXEMPT 09-13/N-POLK SCH/MADISON CEM

$0.82 POLK CITY EXEMPT 09-13 AG/N-POLK SCH

$0.79 POLK CITY CITY/N POLK SCH/ GOLDFINCH PARK UR

$0.77 POLK CITY CITY AG/N POLK SCH/ URBAN RENEWAL

$0.74 POLK CITY EXEMPT 22-31 AG/ANKENY SCH

$0.74 POLK CITY EXEMPT 22-31/ANKENY SCH

Estimated Tax by Home Valuei

$200K

$1,751–$2,960

$300K

$2,626–$4,440

$400K

$3,501–$5,920

$500K

$4,376–$7,400

$600K

$5,252–$8,880

$700K

$6,127–$10,359

$800K

$7,002–$11,839

Highlighted value is closest to median home value ($415K)

34 Overlapping Taxing Districtsi

POLK CITYCITY /N POLK SCH/ PARK PLACE CENTER

125.7%4.4402%

POLK CITY CITY/N POLK SCH/ UR BASE

120.1%4.2450%

POLK CITY/N-POLK SCH/MAD CEM/20 OCT ADD UR AREA II TIF BASE

113.3%4.0028%

POLK CITY/N-POLK SCH/MAD CEM/KOESTER CONST 10

113.3%4.0028%

POLK CITY/N-POLK SCH/MAD CEM/12 URBAN RENEWAL

113.3%4.0028%

POLK CITY/N-POLK SCH/MAD CEM/17 WHITETAIL RIDGE RES TIF BASE

113.3%4.0028%

POLK CITY/N-POLK SCH/MAD CEM/21 AMD WHITETAIL RIDGE TIF BASE

113.3%4.0028%

POLK CITY/N-POLK SCH/MAD CEM

113.3%4.0028%

POLK CITY/N-POLK SCH/MAD CEM/20 OCT ADD UR AREA II TIF INCR

113.3%4.0028%

POLK CITY/N-POLK SCH/MAD CEM/16 DEER HAVEN TI

113.3%4.0028%

POLK CITY/N-POLK SCH/MAD CEM/21 AMD WHITETAIL RIDGE TIF INCR

113.3%4.0028%

POLK CITY/N-POLK SCH

113.2%3.9986%

POLK CITY/ANKENY SCH/12 URBAN RENEWAL AREA II

105.5%3.7261%

POLK CITY/ANKENY SCH

105.5%3.7261%

POLK CITY CITY/N POLK SCH/ UR#2 BASE

105.2%3.7171%

POLK CITY CITY AG /N POLK SCH/ UR#2 BASE

105.2%3.7171%

POLK CITY CITY/N POLK SCH/ ARROW RIDGE UR BAS

102.4%3.6191%

POLK CITY CITY/N POLK SCH/ KUM & GO UR BASE

91%3.2169%

POLK CITY AG/N-POLK SCH/MAD CEM/12 URBAN RENE

90.7%3.2031%

POLK CITY AG/N-POLK SCH/MAD CEM

90.7%3.2031%

POLK CITY AG/N-POLK SCH/MAD CEM/16 DEER HAVEN

90.7%3.2031%

POLK CITY AG/N-POLK SCH/MAD CEM/17 WHITETAIL RIDGE RES TIF BASE

90.7%3.2031%

POLK CITY AG/N-POLK SCH/MAD CEM/20 OCT ADD UR AREA II TIF INCR

90.7%3.2031%

POLK CITY AG/N-POLK SCH/MAD CEM/20 OCT ADD UR AREA II TIF BASE

90.7%3.2031%

POLK CITY AG/N-POLK SCH

90.5%3.1990%

POLK CITYCITY /N POLK SCH/ LINT HEIGHTS BASE

89.5%3.1616%

POLK CITY AG/ANKENY SCH/12 URBAN RENEWAL AREA

82.8%2.9265%

POLK CITY AG/ANKENY SCH

82.8%2.9265%

POLK CITY EXEMPT 09-13/N-POLK SCH/MADISON CEM

82.2%2.9028%

POLK CITY EXEMPT 09-13 AG/N-POLK SCH

82%2.8986%

POLK CITY CITY/N POLK SCH/ GOLDFINCH PARK UR

78.6%2.7757%

POLK CITY CITY AG/N POLK SCH/ URBAN RENEWAL

77.1%2.7245%

POLK CITY EXEMPT 22-31 AG/ANKENY SCH

74.3%2.6261%

POLK CITY EXEMPT 22-31/ANKENY SCH

74.3%2.6261%