Property Tax in Prairie City

Marion County, Iowa

Prairie City has a median effective property tax rate of 1.17%. For a $300,000 home, the estimated annual tax is $3,514 ($293/month). This is below the Marion County average of 1.27% and below the Iowa state average of 1.50%.

Property Tax Calculator

Calculate your estimated property tax in Prairie City, Marion County, Iowa

50th Percentile (Median):
1.171%
$50K$10M

Annual Property Tax

$1,757

Monthly Property Tax

$146

* This is an estimate based on the median tax rate. Actual taxes may vary based on local assessments and exemptions.

Tax Rate Breakdown

Property tax rates in Prairie City, Marion County, Iowa

25th Percentile

LOW

1.084%

25% of properties pay this rate or less

50th Percentile (Median)

TYPICAL

1.171%

50% of properties pay this rate or less

75th Percentile

HIGH

1.235%

25% of properties pay more than this rate

These percentiles show the range of property tax rates. 25% of properties pay less than the low rate, 50% pay less than the median, and 75% pay less than the high rate.

Understanding the Range

The difference between the 25th and 75th percentiles is 0.151%, indicating the variation in property tax rates within this area. Use the median (50th percentile) for the most typical estimate.

Prairie City Property Tax vs. County, State & National

Prairie City (this city)1.171%
Marion County average▲ higher1.265%
Iowa state average▲ higher1.500%
National median▼ lower1.070%

State averages sourced from Tax Foundation 2024 data. National median: 1.07%.

Estimated Annual Property Tax in Prairie City, Marion County, Iowa

Based on the median rate of 1.171%. Actual taxes depend on assessed value and local exemptions.

Home ValueAnnual TaxMonthly Equivalent
$150,000$1,757$146/mo
$250,000$2,929$244/mo
$350,000$4,100$342/mo
$500,000$5,857$488/mo
$750,000$8,786$732/mo
$1,000,000$11,714$976/mo

Frequently Asked Questions

The median property tax rate in Prairie City, Marion County, Iowa is 1.17%. This means for a home valued at $200,000, you would pay approximately $2343 in annual property taxes.

Other Cities in Marion County

Explore property tax rates in nearby cities

Discover property tax rates and information for other cities in Marion County, Iowa. Compare rates, use our calculator, and find detailed property tax information for each location.

About Property Taxes in Marion County

Property tax rates can vary significantly between cities within the same county. Factors such as local services, school districts, and municipal budgets influence these differences. Use our calculator to estimate your property tax for any city in Marion County, Iowa.