Rate Breakdown

Property taxes in Henry County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

Authority	Avg. Rate
County General Fund	0.45%
School District (Avg)	1.20%
City / Local (Avg)	0.35%

How Property Tax Works in Henry County

Understanding your property tax bill is key to financial planning and homeownership satisfaction. Here's how property tax works in Henry County: * **Assessment:** The process begins with the assessor's office determining your property's fair market value. This assessment uses a variety of factors like square footage, age, lot size, and local comparable sales data. * **Millage Rates:** After assessment, a specific millage rate is applied to each county in Iowa. These rates are set by the Henry County Board of Supervisors and determine the tax levied on your property. Millage is expressed as "mills," with one mill equaling $1 per $1,000 of assessed value. * **Calculating Your Tax Bill:** The total amount you'll pay for property taxes will be calculated using your assessed property value and the applicable millage rates. This figure can be found on your tax statement each year from the Henry County Treasurer's Office.

Available Exemptions

Iowa offers several exemptions to help residents with their property taxes. * **Homestead Exemption:** Allows homeowners to deduct a portion of the assessed value for the home they own and occupy. The exemption amount varies by county, typically capped at a specific percentage of your assessment or $4,000. For more details and application forms visit the Iowa Department of Revenue website: [https://www.iowa.gov/revenue](https://www.iowa.gov/revenue) * **Senior Citizen Exemption:** Exempting qualified senior citizens from property taxes based on age and residency. This exemption is usually based on a specific income limit, or an amount equal to 10% of the assessed value. For details visit the Henry County Treasurer’s website: [https://henrycountyiowa.org/](https://henrycountyiowa.org/) * **Disability Exemption:** A tax relief program for individuals with disabilities who meet specific eligibility criteria. The state and county levels offer varying exemption amounts based on income and disability status. * **Veteran Exemption:** Exempts veterans' property taxes in Iowa. The amount of the exemption varies by county, with some offering a direct dollar-for-dollar reduction while others offer a percentage-based deduction from your total assessment. For details visit the Iowa Department of Veterans Affairs website: [https://veterans.iowa.gov/](https://veterans.iowa.gov/)

Payment Schedule & Deadlines

Your property tax bill is due on or before December 31st of each year, but payments can be made throughout the year. It's best to pay your taxes in full by this date to avoid late payment penalties. Here are some helpful payment options: * **Online:** Payments are accepted online through the Henry County Treasurer’s Office website, [https://henrycountyiowa.org/](https://henrycountyiowa.org/). * **Mail:** You can mail your check or money order to the Henry County Treasurer's office address listed on your tax statement. * **In Person:** Payments can be made in person at the Treasurer’s Office during normal business hours.

Appealing Your Assessment

If you believe your property assessment is incorrect, you have the right to appeal it through a formal process. Here's what you need to know: 1. **Request an Informal Review:** Contact the Henry County Assessor’s office within 30 days after receiving your assessment notice with your concerns. 2. **Formal Appeal:** If you are still dissatisfied, submit a formal appeal directly to the Henry County Board of Assessment Appeals by following the instructions provided on their website: [https://www.henrycountyiowa.gov/](https://www.henrycountyiowa.gov/) Be sure to prepare your case with supporting documentation to ensure a successful appeal.