Iowa 2026 Property Tax Reform Ranked #1 In The Nation

Property, income, sales, gas...it doesn't matter.  Most people don't like to pay taxes.  Where does your money go?  Into the void.  If you got your tax bill and could actually check off where you want the money to go, it would make things better.  Slightly.  But at least then you can send your money to the government entity of your choosing.

Sorry about that side rant before we get to the point of this story.  While every state will get its taxes somehow, Iowa has been ranked #1 in the country for property tax reform.

Iowa Property Taxes Better Than Most

A Common Sense Institute report ranked Iowa’s 2026 property tax reform #1 in the nation for reduction in tax burden by a single piece of legislation over the last decade.

Key findings of the Institute include:

• Iowa’s 2026 property tax reform reduced the tax burden statewide by an estimated $1,463 per household over its first six years.
• Iowa’s 2023 property tax reform reduced the tax burden statewide by an estimated $952 per household over its first six years.

The reforms will cause Iowa's national local tax burden ranking to improve from 20th most in the country to 29th by 2033.  That's assuming other states don't change their property tax burdens to change the rankings.

When ranking the size of property tax relief, Iowa's SF 2472 ranks first as the most significant property tax reform across states over the past decade, with the relief equal to approximately 0.17% of personal income.

Other states in the Top 10 for property tax reform include:  Indiana, Colorado, Nebraska, Wyoming, Ohio, South Dakota, and Georgia.

"Whether viewed relative to statewide personal income or on a per household basis, Iowa’s 2026 property tax reforms constitute the largest property tax reductions in the nation over the last decade,” the Institute stated, adding that “Iowa’s 2023 reform ranks in the top five by both metrics” and projecting that these “reforms will significantly increase the state’s tax competitiveness.”

The full report, which goes into great detail, can be found here.