Local taxes › Henry County

Henry County

How property tax rates have changed, what’s taxed, what the county spends, and what the state sends it. Open a city for where its tax dollar goes.

Property tax rates over time

Typical combined rate per $1,000 of taxable value, and the county government’s own rural levy (part of the rural rate).

In citiesRuralCounty levy
0$10$20$30$40’20’22’24’26’27In citiesRuralCounty levy
0$10$20$30$40’20’21’22’23’24’25’26’27In citiesRuralCounty levy
Show the numbers
YearIn citiesRuralCounty’s rural levy
FY27$34.74$30.72$13.14
FY26$36.20$31.42$13.80
FY25$34.79$30.28$12.16
FY24$35.29$31.41$12.71
FY23$35.15$31.77$12.43
FY22$34.61$31.51$12.42
FY21$34.17$31.34$12.51
FY20$33.13$30.14$11.79

Cities, FY27

Typical combined rate in each city, per $1,000 of taxable value.

Show the numbers
CityTypical rateSince FY22
Coppock$34.78+28.9%
Hillsboro$40.69+27.2%
Mount Pleasant$31.78-2.6%
New London$37.35+1.8%
Olds$34.70-0.5%
Rome$33.91-3.0%
Salem$44.95+11.8%
Wayland$33.91-1.2%
Westwood$33.48-1.3%
Winfield$39.18+7.2%

What’s taxed

$1.08B of taxable value in 2025 valuations, +12.5% since 2020. Who carries the load, by kind of property:

  • Homes$573.4M52%
  • Farmland and farm buildings$246.3M22%
  • Commercial$177.8M16%
  • Industrial$62.0M6%
  • Utilities, railroads and other$41.2M4%

Taxable value over time

HomesFarmlandBusiness
0$150.0M$300.0M$450.0M$600.0M20182020202220242025HomesFarmlandBusiness
0$150.0M$300.0M$450.0M$600.0M20182019202020212022202320242025HomesFarmlandBusiness
Show the numbers
Valuation yearHomesFarmlandCommercialIndustrialTotal
2025$573.4M$246.3M$177.8M$62.0M$1.08B
2024$554.6M$241.7M$155.4M$52.1M$1.03B
2023$539.0M$235.2M$150.3M$51.8M$999.4M
2022$523.7M$232.0M$145.9M$38.0M$967.3M
2021$503.7M$224.9M$164.0M$51.1M$971.3M
2020$491.9M$235.8M$153.8M$48.9M$958.9M
2019$476.4M$228.1M$154.3M$47.7M$937.1M
2018$461.4M$213.5M$144.6M$52.1M$900.5M

The county’s budget

Henry County plans to spend $22.6M in FY27, from property taxes, state and federal money, fees and its reserves. It spent $19.0M in FY25.

  • Roads & transportation$7.2M32%
  • Public safety & legal services$6.5M29%
  • Administration$2.8M12%
  • Physical health & social services$1.8M8%
  • Parks, libraries, extension & environment$1.5M7%
  • Capital projects$1.1M5%
  • Services to residents (records, elections, licenses)$981,0404%
  • Debt payments$642,8233%
  • Other$21,5000%

Its property tax levies, FY27

Dollars per $1,000 of taxable value. Everyone in the county pays the countywide levies; people outside cities also pay the rural ones, which mostly pay for roads and rural services.

  • General Basic · countywide$4.64
  • General Supplemental · countywide$3.20
  • 422D EMS · countywide$0.73
  • Debt Service · countywide$0.59
  • Pioneer Cemetery · countywide$0.03
  • Countywide · countywide$9.19
  • Rural Basic · rural$3.95
  • Total Rural · rural$13.14

From county budgets and annual financial reports filed with the Department of Management.

Local option sales tax collected

The extra local sales tax voters here approved, collected by the state and paid back to the county and its cities.

$3.1M
’14’16’18’20’22’24
Show the numbers
YearCollected
FY24$3.1M
FY23$2.8M
FY22$2.9M
FY21$2.9M
FY20$2.7M
FY19$2.3M
FY18$2.3M
FY17$2.2M
FY16$2.2M
FY15$2.1M
FY14$2.1M

State payments to the county and its cities

Local option sales tax the state collected for them, and property tax credits it pays on residents’ behalf. The newest year may be partial.

$5.3M
$477,760
’20’21’22’23’24’25’26’27

Who received them, FY26

  • Henry County$3.0M56%
  • City of Mount Pleasant$1.5M29%
  • City of New London$307,4336%
  • City of Winfield$165,2443%
  • City of Wayland$160,3103%
  • City of Salem$58,5581%
  • City of Olds$30,9721%
  • City of Hillsboro$25,2380%
  • City of Westwood$16,9310%
  • City of Rome$16,8390%
Show the numbers
ProgramFY27FY26FY25FY24FY23FY22FY21FY20
Local option sales tax$282,168$3.9M$3.2M$3.1M$3.0M$3.1M$2.9M$2.4M
Homestead property tax credit–$1.1M$986,119$974,517$955,390$958,662$948,012$919,627
Ag land and family farm tax credits$195,591$287,226$321,522$316,165$314,281$323,693$304,556$292,378
Business property tax credit––$828,637$946,536$878,424$852,173$875,670$832,453
Elderly and disabled property tax credit–$19,344$20,976$29,224$35,872$35,230$40,004$38,936
Military service property tax credit–––$9,950$10,514$10,873$11,245$11,552

Local elections

Most recent: November 3, 2026

County offices · 7
Townships · 19

Local races from civicAPI for Henry County. Results for local races can take weeks to appear; official results are on each county auditor’s site. Officials shown are the winners of the latest election we have for each seat; appointments and resignations may not be reflected.

School districts

School districts that tax property in Henry County.

DanvilleFairfieldFort MadisonHarmonyMount PleasantNew LondonWacoWinfield-Mt Union

Typical rates are medians across the county’s tax districts, leaving out TIF districts and farmland inside cities. Data from the Iowa Data Hub (Departments of Management and Revenue).