Iowa Has the 11th Highest Property Taxes in the Country

America's homebuyers face challenges due to high demand, limited inventory, and rising interest rates, driving home prices to record levels. Existing homeowners are often "locked in" with low-interest mortgages, complicating relocation. Property taxes, which have surged alongside home values, add to the financial burden. While some states have implemented assessment limits to protect homeowners, disparities in property tax rates exist across the U.S., with the Northeast and Midwest generally having the highest rates.