Calculate using real Cedar Rapids data. Median home price: $185,000. Property tax rate: 1.6%.
The effective property tax rate in Cedar Rapids, IA is 1.6%. On the median home value of $185,000, that equals approximately $2,960 per year.
At the 1.6% effective rate, a $185,000 home in Cedar Rapids, IA would pay about $2,960 annually, or $247 per month.
The 1.6% rate in Cedar Rapids, IA is above the national average of roughly 1.1%.