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.

Norwalk, 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

2.57%–4.36%+38.5%YoY

Varies by school district

Municipal Portioni

0.0000%0% of total

Effective Ratei

1.19%–2.02%

Est. Annual Taxi

$4K–$6K

Median Home Valuei

$303,100

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 NORWALK CITY/NORWALK SCH/LAKEWOOD REC LAKE

$1.17 NORWALK CITY/NORWALK SCH/AMEND 1 NBC UR TIF B

$1.17 NORWALK CITY/NORWALK SCH/AMEND 3 COL MED UR T

$1.17 NORWALK CITY/NORWALK SCH/HUGHES CENTURY TOWN CENTER TIF BASE

$1.17 NORWALK CITY/NORWALK SCH/AMEND 4 LEGACY UR TI

$1.17 NORWALK CITY/NORWALK SCH/HUGHES CENTURY TOWN CENTER TIF INC

$1.17 NORWALK CITY/NORWALK SCH/AMEND 2 HOUSE UR TIF

$1.17 NORWALK CITY/NORWALK SCH/ORIGINAL UR TIF BASE

$1.17 NORWALK CITY/NORWALK SCH/MARKETPLACE TIF INCREMENT

$1.17 NORWALK CITY/NORWALK SCH/MARKETPLACE TIF BASE

$1.17 NORWALK CITY/NORWALK SCH/SUNSET CREST TIF INC

$1.17 NORWALK CITY/NORWALK SCH/SUNSET CREST TIF BASE

$1.17 NORWALK CITY/NORWALK SCH/SPORTSPLEX & HEARTLAND SPORTS TIF BASE

$1.17 NORWALK CITY/NORWALK SCH/SPORTSPLEX & HEARTLAND SPORTS TIF INCREM

$1.17 NORWALK CITY/NORWALK SCH/AMEND 5 ECHO VALLEY

$1.17 NORWALK CITY/NORWALK SCH/UR AREA #2 TIF

$1.17 NORWALK CITY/NORWALK SCHOOL/DELAWARE WW TIF BASE

$1.17 NORWALK CITY/NORWALK SCHOOL DELAWARE WW TIF INCREM

$1.15 NORWALK CITY/DM SCH/17 MAY ADDITION NORWALK UR TIF BASE

$1.15 NORWALK CITY/DM SCH

$0.92 NORWALK CITY AG/NORWALK SCH/LAKEWOOD REC LAKE

$0.83 NORWALK CITY AG/NORWALK SCH/AMEND 3 COL MED U

$0.83 NORWALK CITY AG/NORWALK SCH/MARKETPLACE TIF BASE

$0.83 NORWALK CITY AG/NORWALK SCH/MARKET PLACE TIF INC

$0.83 NORWALK CITY AG/NORWALK SCH/LEGACY AMEND 4 UR

$0.83 NORWALK CITY AG/NORWALK SCH/ORIGINAL UR TIF B

$0.83 NORWALK CITY AG/NORWALK SCH/UR AREA #2 TIF BA

$0.83 NORWALK CITY AG/NORWALK SCH/AMEND 5 ECHO VAL

$0.83 NORWALK CITY AG/NORWALK SCHOOL/DELAWARE WW TIF BASE

$0.83 NORWALK CITY AG/NORWALK SCHOOL/DELAWARE WW TIF INCREM

$0.80 NORWALK CITY AG/DM SCH/17 MAY ADDITION NORWALK UR TIF BASE

$0.80 NORWALK CITY AG/DM SCH

$0.74 NORWALK CITY AG/NORWALK SCH

$0.74 NORWALK CITY AG/NORWALK SCH/CITY EXEMPT

$0.74 NORWALK CITY/NORWALK SCH/CITY EXEMPT

$0.74 NORWALK CITY/NORWALK SCH

Estimated Tax by Home Valuei

$200K

$1,715–$2,907

$250K

$2,144–$3,634

$300K

$2,573–$4,361

$350K

$3,002–$5,088

$400K

$3,431–$5,815

$450K

$3,860–$6,542

$500K

$4,289–$7,269

Highlighted value is closest to median home value ($303K)

36 Overlapping Taxing Districtsi

NORWALK CITY/NORWALK SCH/LAKEWOOD REC LAKE

125.8%4.3616%

NORWALK CITY/NORWALK SCH/AMEND 1 NBC UR TIF B

117.1%4.0616%

NORWALK CITY/NORWALK SCH/AMEND 3 COL MED UR T

117.1%4.0616%

NORWALK CITY/NORWALK SCH/HUGHES CENTURY TOWN CENTER TIF BASE

117.1%4.0616%

NORWALK CITY/NORWALK SCH/AMEND 4 LEGACY UR TI

117.1%4.0616%

NORWALK CITY/NORWALK SCH/HUGHES CENTURY TOWN CENTER TIF INC

117.1%4.0616%

NORWALK CITY/NORWALK SCH/AMEND 2 HOUSE UR TIF

117.1%4.0616%

NORWALK CITY/NORWALK SCH/ORIGINAL UR TIF BASE

117.1%4.0616%

NORWALK CITY/NORWALK SCH/MARKETPLACE TIF INCREMENT

117.1%4.0616%

NORWALK CITY/NORWALK SCH/MARKETPLACE TIF BASE

117.1%4.0616%

NORWALK CITY/NORWALK SCH/SUNSET CREST TIF INC

117.1%4.0616%

NORWALK CITY/NORWALK SCH/SUNSET CREST TIF BASE

117.1%4.0616%

NORWALK CITY/NORWALK SCH/SPORTSPLEX & HEARTLAND SPORTS TIF BASE

116.9%4.0548%

NORWALK CITY/NORWALK SCH/SPORTSPLEX & HEARTLAND SPORTS TIF INCREM

116.9%4.0548%

NORWALK CITY/NORWALK SCH/AMEND 5 ECHO VALLEY

116.9%4.0548%

NORWALK CITY/NORWALK SCH/UR AREA #2 TIF

116.9%4.0548%

NORWALK CITY/NORWALK SCHOOL/DELAWARE WW TIF BASE

116.9%4.0548%

NORWALK CITY/NORWALK SCHOOL DELAWARE WW TIF INCREM

116.9%4.0548%

NORWALK CITY/DM SCH/17 MAY ADDITION NORWALK UR TIF BASE

114.7%3.9771%

NORWALK CITY/DM SCH

114.7%3.9771%

NORWALK CITY AG/NORWALK SCH/LAKEWOOD REC LAKE

91.5%3.1738%

NORWALK CITY AG/NORWALK SCH/AMEND 3 COL MED U

82.9%2.8739%

NORWALK CITY AG/NORWALK SCH/MARKETPLACE TIF BASE

82.9%2.8739%

NORWALK CITY AG/NORWALK SCH/MARKET PLACE TIF INC

82.9%2.8739%

NORWALK CITY AG/NORWALK SCH/LEGACY AMEND 4 UR

82.9%2.8739%

NORWALK CITY AG/NORWALK SCH/ORIGINAL UR TIF B

82.9%2.8739%

NORWALK CITY AG/NORWALK SCH/UR AREA #2 TIF BA

82.7%2.8671%

NORWALK CITY AG/NORWALK SCH/AMEND 5 ECHO VAL

82.7%2.8671%

NORWALK CITY AG/NORWALK SCHOOL/DELAWARE WW TIF BASE

82.7%2.8671%

NORWALK CITY AG/NORWALK SCHOOL/DELAWARE WW TIF INCREM

82.7%2.8671%

NORWALK CITY AG/DM SCH/17 MAY ADDITION NORWALK UR TIF BASE

80.4%2.7893%

NORWALK CITY AG/DM SCH

80.4%2.7893%

NORWALK CITY AG/NORWALK SCH

74.2%2.5735%

NORWALK CITY AG/NORWALK SCH/CITY EXEMPT

74.2%2.5735%

NORWALK CITY/NORWALK SCH/CITY EXEMPT

74.2%2.5735%

NORWALK CITY/NORWALK SCH

74.2%2.5735%