property tax | Clarion News Online

Family Farm credit applications go before the Wright County assessor

Assessor Tonee Nicholas had Family Farm tax credit applications on the Nov. 9 supervisors agenda, the annual review of a state credit that can lower the bill on qualifying agricultural land owned and farmed by a family.

Iowa sets 2026 property tax rollbacks, and farm ground is taxed at 61% of value

The Department of Revenue’s Nov. 1 order limits agricultural land to 61.2546% of actual value and residential property, including farm dwellings, to 45.6926%. Those taxable values will underlie bills paid in the fiscal year that starts July 1, 2027.