How are property tax rates determined in Iowa?

Property tax rates in Iowa are set by each taxing district (municipality, school district, park district, library, etc.) based on their annual levy (the amount of tax revenue they need). The rate is calculated by dividing the levy by the total assessed value of all property in the district.

What is the composite tax rate?

The composite tax rate is the sum of all overlapping taxing district rates that apply to a specific property. A typical property may be taxed by several overlapping districts. The composite rate determines your total tax bill when multiplied by your property's assessed value.

Why do tax rates vary within the same town?

Properties within the same municipality can have different composite rates because overlapping districts (school, park, fire, library) have different boundaries. A home in one school district may have a different rate than a home two blocks away in a different school district.

Fairfield, IA Property Tax Rate 2026 — Full Breakdown by District

Showing latest tax year with year-over-year changes. Full rate history available with a paid plan. View plans →

Property Tax — Tax Year 2025 (payable 2026)i

IL DOR

Composite Ratei

2.61%–3.98%

Varies by school district

Municipal Portioni

0.0000%0% of total

Effective Ratei

1.21%–1.84%

Est. Annual Taxi

$2K–$3K

Median Home Valuei

$156,000

Rate varies by school district. Your actual rate depends on which school district your property falls in.

Rate Trend — click a year to explorei

20242025

Municipal

Other Districts

Where Your Tax Dollar Goesi

$1.21 FAIRFIELD CITY/FAIRFIELD SCH/HIGHWAY #34/WEST BUSINESS AMENDMENT NO. 2 TIF INCREM

$1.21 FAIRFIELD CITY/FAIRFIELD SCH/HIGHWAY #34/WEST BUSINESS AMENDMENT NO. 2 TIF BASE

$1.21 FAIRFIELD CITY/FAIRFIELD SCH/LINCOLN AVENUE 2020 AMENDMENT TIF INCREM

$1.21 FAIRFIELD CITY/FAIRFIELD SCH/LINCOLN AVENUE 2020 AMENDMENT TIF BASE

$1.21 FAIRFIELD CITY/FAIRFIELD SCH/HIGHWAY #1/HIGHWAY #34 BYPASS AMENDMENT NO 3 TIF INCREM

$1.21 FAIRFIELD CITY/FAIRFIELD SCH/HIGHWAY #1/HIGHWAY #34 BYPASS AMENDMENT NO 3 TIF BASE

$1.21 FAIRFIELD CITY/FAIRFIELD SCH/NORTH CAMPUS VILLAGE PHASE VI TIF INCREM

$1.21 FAIRFIELD CITY/FAIRFIELD SCH/NORTH CAMPUS VILLAGE PHASE VI TIF BASE

$1.21 FAIRFIELD CITY/FAIRFIELD SCH/LINCOLN AVENUE TIF INCREM

$1.21 FAIRFIELD CITY/FAIRFIELD SCH/LINCOLN AVENUE TIF BASE

$1.21 FAIRFIELD CITY/FAIRFIELD SCH

$1.21 FAIRFIELD CITY/FAIRFIELD SCH/NORTH CAMPUS VILLAGE (PHASE V) AMENDMENT NO. 1 TIF INCREM

$1.21 FAIRFIELD CITY/FAIRFIELD SCH/NORTH CAMPUS VILLAGE (PHASE V) AMENDMENT NO. 1 TIF BASE

$1.21 FAIRFIELD CITY/FAIRFIELD SCH/WEST INDUSTRIAL PARK TIF BASE

$1.21 FAIRFIELD CITY/FAIRFIELD SCH/NORTH CAMPUS VIL

$1.21 FAIRFIELD CITY/FAIRFIELD SCH/HWY #1/HWY #34 B

$1.21 FAIRFIELD CITY/FAIRFIELD SCH/HWY #34/WEST BUS

$1.21 FAIRFIELD CITY/FAIRFIELD SCH/HIGHWAY #1/HIGHW

$1.21 FAIRFIELD CITY/FAIRFIELD SCH/WEST INDUSTRIAL PARK TIF INCREM

$0.79 FAIRFIELD CITY AG/FAIRFIELD SCH/WEST INDUSTRIAL PARK TIF BASE

$0.79 FAIRFIELD CITY AG/FAIRFIELD SCH/WEST INDUSTRIAL PARK TIF INCREM

$0.79 FAIRFIELD CITY AG/FAIRFIELD SCH/HWY #34/WEST

$0.79 FAIRFIELD CITY AG/FAIRFIELD SCH

$0.79 FAIRFIELD CITY AG/FAIRFIELD SCH/HWY #1/HWY #3

Estimated Tax by Home Valuei

$50K

$435–$663

$100K

$869–$1,325

$150K

$1,304–$1,988

$200K

$1,739–$2,651

$250K

$2,173–$3,313

$300K

$2,608–$3,976

$350K

$3,043–$4,639

Highlighted value is closest to median home value ($156K)

24 Overlapping Taxing Districtsi

FAIRFIELD CITY/FAIRFIELD SCH/HIGHWAY #34/WEST BUSINESS AMENDMENT NO. 2 TIF INCREM

120.8%3.9764%

FAIRFIELD CITY/FAIRFIELD SCH/HIGHWAY #34/WEST BUSINESS AMENDMENT NO. 2 TIF BASE

120.8%3.9764%

FAIRFIELD CITY/FAIRFIELD SCH/LINCOLN AVENUE 2020 AMENDMENT TIF INCREM

120.8%3.9764%

FAIRFIELD CITY/FAIRFIELD SCH/LINCOLN AVENUE 2020 AMENDMENT TIF BASE

120.8%3.9764%

FAIRFIELD CITY/FAIRFIELD SCH/HIGHWAY #1/HIGHWAY #34 BYPASS AMENDMENT NO 3 TIF INCREM

120.8%3.9764%

FAIRFIELD CITY/FAIRFIELD SCH/HIGHWAY #1/HIGHWAY #34 BYPASS AMENDMENT NO 3 TIF BASE

120.8%3.9764%

FAIRFIELD CITY/FAIRFIELD SCH/NORTH CAMPUS VILLAGE PHASE VI TIF INCREM

120.8%3.9764%

FAIRFIELD CITY/FAIRFIELD SCH/NORTH CAMPUS VILLAGE PHASE VI TIF BASE

120.8%3.9764%

FAIRFIELD CITY/FAIRFIELD SCH/LINCOLN AVENUE TIF INCREM

120.8%3.9764%

FAIRFIELD CITY/FAIRFIELD SCH/LINCOLN AVENUE TIF BASE

120.8%3.9764%

FAIRFIELD CITY/FAIRFIELD SCH

120.8%3.9764%

FAIRFIELD CITY/FAIRFIELD SCH/NORTH CAMPUS VILLAGE (PHASE V) AMENDMENT NO. 1 TIF INCREM

120.8%3.9764%

FAIRFIELD CITY/FAIRFIELD SCH/NORTH CAMPUS VILLAGE (PHASE V) AMENDMENT NO. 1 TIF BASE

120.8%3.9764%

FAIRFIELD CITY/FAIRFIELD SCH/WEST INDUSTRIAL PARK TIF BASE

120.8%3.9764%

FAIRFIELD CITY/FAIRFIELD SCH/NORTH CAMPUS VIL

120.8%3.9764%

FAIRFIELD CITY/FAIRFIELD SCH/HWY #1/HWY #34 B

120.8%3.9764%

FAIRFIELD CITY/FAIRFIELD SCH/HWY #34/WEST BUS

120.8%3.9764%

FAIRFIELD CITY/FAIRFIELD SCH/HIGHWAY #1/HIGHW

120.8%3.9764%

FAIRFIELD CITY/FAIRFIELD SCH/WEST INDUSTRIAL PARK TIF INCREM

120.8%3.9764%

FAIRFIELD CITY AG/FAIRFIELD SCH/WEST INDUSTRIAL PARK TIF BASE

79.2%2.6082%

FAIRFIELD CITY AG/FAIRFIELD SCH/WEST INDUSTRIAL PARK TIF INCREM

79.2%2.6082%

FAIRFIELD CITY AG/FAIRFIELD SCH/HWY #34/WEST

79.2%2.6082%

FAIRFIELD CITY AG/FAIRFIELD SCH

79.2%2.6082%

FAIRFIELD CITY AG/FAIRFIELD SCH/HWY #1/HWY #3

79.2%2.6082%