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.

Nevada, 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

2.33%–3.49%+51.7%YoY

Varies by school district

Municipal Portioni

0.0000%0% of total

Effective Ratei

1.08%–1.62%

Est. Annual Taxi

$2K–$3K

Median Home Valuei

$182,400

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

$1.20 NEVADA CITY/NEVADA SCH NOVEMBER 2022 ADDITION URA TIF INCREMENT

$1.20 NEVADA CITY/NEVADA SCH 2016 ADDITION NEVADA URBAN RENEWAL TIF BASE (ROSK)

$1.20 NEVADA CITY/NEVADA SCH 2016 ADDITION NEVADA URBAN RENEWAL TIF INCREMENT (ROSK)

$1.20 NEVADA CITY/NEVADA SCH 2020 SEPTEMBER ADD - PHASE 1 NEVADA URBAN RENEWAL TIF BASE

$1.20 NEVADA CITY/NEVADA SCH 2020 SEPTEMBER ADD - PHASE 1 NEVADA URBAN RENEWAL TIF INCREMENT

$1.20 NEVADA CITY/NEVADA SCH JULY 2022 ADDITION TIF BASE

$1.20 NEVADA CITY/NEVADA SCH JULY 2022 ADDITION TIF INCREMENT

$1.20 NEVADA CITY/NEVADA SCH MAY 2023 ADDITION URA TIF BASE

$1.20 NEVADA CITY/NEVADA SCH MAY 2023 ADDITION URA TIF INCREMENT

$1.20 NEVADA CITY/NEVADA SCH 2022 NOVEMBER ADDITION URA TIF BASE

$1.20 NEVADA CITY/NEVADA SCH

$1.20 NEVADA CITY/NEVADA SCH NEVADA URBAN RENEWAL T

$1.20 NEVADA CITY/NEVADA SCH NEVADA URBAN RENEWAL E

$1.20 NEVADA CITY/NEVADA SCH NEVADA URBAN RENEWAL 2

$1.20 NEVADA CITY/NEVADA SCH NEVADA URBAN RENEWAL 3

$1.20 NEVADA CITY/NEVADA SCH NEVADA UR 4TH ENLARGEM

$1.20 NEVADA CITY/NEVADA SCH 2012 URBAN RENEWAL ADD

$0.80 NEVADA CITY AG/NEVADA SCH

$0.80 NEVADA CITY AG/NEVADA SCH JULY 2022 ADDITION TIF BASE

$0.80 NEVADA CITY AG/NEVADA SCH JULY 2022 ADDITION TIF INCREMENT

$0.80 NEVADA CITY AG/NEVADA SCH NOVEMBER 2022 ADDITION URA TIF BASE

$0.80 NEVADA CITY AG/NEVADA SCH NEVADA URBAN RENEWA

$0.80 NEVADA CITY AG/NEVADA SCH NOVEMBER 2022 ADDITION URA TIF INCREMENT

$0.80 NEVADA CITY AG/NEVADA SCH 2020 SEPTEMBER ADD - PHASE 1 NEVADA URBAN RENEWAL TIF BASE

$0.80 NEVADA CITY AG/NEVADA SCH NEVADA UR 4TH ENLAR

$0.80 NEVADA CITY AG/NEVADA SCH 2020 SEPTEMBER ADD - PHASE 1 NEVADA URBAN RENEWAL TIF INCREMENT

$0.80 NEVADA CITY AG/NEVADA SCH 2012 URBAN RENEWAL AREA ADDITION TIF BASE

Estimated Tax by Home Valuei

$50K

$388–$582

$100K

$777–$1,164

$150K

$1,165–$1,746

$200K

$1,554–$2,328

$250K

$1,942–$2,910

$300K

$2,331–$3,492

$350K

$2,719–$4,074

Highlighted value is closest to median home value ($182K)

27 Overlapping Taxing Districtsi

NEVADA CITY/NEVADA SCH NOVEMBER 2022 ADDITION URA TIF INCREMENT

119.9%3.4923%

NEVADA CITY/NEVADA SCH 2016 ADDITION NEVADA URBAN RENEWAL TIF BASE (ROSK)

119.9%3.4923%

NEVADA CITY/NEVADA SCH 2016 ADDITION NEVADA URBAN RENEWAL TIF INCREMENT (ROSK)

119.9%3.4923%

NEVADA CITY/NEVADA SCH 2020 SEPTEMBER ADD - PHASE 1 NEVADA URBAN RENEWAL TIF BASE

119.9%3.4923%

NEVADA CITY/NEVADA SCH 2020 SEPTEMBER ADD - PHASE 1 NEVADA URBAN RENEWAL TIF INCREMENT

119.9%3.4923%

NEVADA CITY/NEVADA SCH JULY 2022 ADDITION TIF BASE

119.9%3.4923%

NEVADA CITY/NEVADA SCH JULY 2022 ADDITION TIF INCREMENT

119.9%3.4923%

NEVADA CITY/NEVADA SCH MAY 2023 ADDITION URA TIF BASE

119.9%3.4923%

NEVADA CITY/NEVADA SCH MAY 2023 ADDITION URA TIF INCREMENT

119.9%3.4923%

NEVADA CITY/NEVADA SCH 2022 NOVEMBER ADDITION URA TIF BASE

119.9%3.4923%

NEVADA CITY/NEVADA SCH

119.9%3.4923%

NEVADA CITY/NEVADA SCH NEVADA URBAN RENEWAL T

119.9%3.4923%

NEVADA CITY/NEVADA SCH NEVADA URBAN RENEWAL E

119.9%3.4923%

NEVADA CITY/NEVADA SCH NEVADA URBAN RENEWAL 2

119.9%3.4923%

NEVADA CITY/NEVADA SCH NEVADA URBAN RENEWAL 3

119.9%3.4923%

NEVADA CITY/NEVADA SCH NEVADA UR 4TH ENLARGEM

119.9%3.4923%

NEVADA CITY/NEVADA SCH 2012 URBAN RENEWAL ADD

119.9%3.4923%

NEVADA CITY AG/NEVADA SCH

80.1%2.3312%

NEVADA CITY AG/NEVADA SCH JULY 2022 ADDITION TIF BASE

80.1%2.3312%

NEVADA CITY AG/NEVADA SCH JULY 2022 ADDITION TIF INCREMENT

80.1%2.3312%

NEVADA CITY AG/NEVADA SCH NOVEMBER 2022 ADDITION URA TIF BASE

80.1%2.3312%

NEVADA CITY AG/NEVADA SCH NEVADA URBAN RENEWA

80.1%2.3312%

NEVADA CITY AG/NEVADA SCH NOVEMBER 2022 ADDITION URA TIF INCREMENT

80.1%2.3312%

NEVADA CITY AG/NEVADA SCH 2020 SEPTEMBER ADD - PHASE 1 NEVADA URBAN RENEWAL TIF BASE

80.1%2.3312%

NEVADA CITY AG/NEVADA SCH NEVADA UR 4TH ENLAR

80.1%2.3312%

NEVADA CITY AG/NEVADA SCH 2020 SEPTEMBER ADD - PHASE 1 NEVADA URBAN RENEWAL TIF INCREMENT

80.1%2.3312%

NEVADA CITY AG/NEVADA SCH 2012 URBAN RENEWAL AREA ADDITION TIF BASE

80.1%2.3312%