Recently, Iowa City has experienced a significant upswing in property values, a trend that comes with a less celebrated downside: a sharp increase in property taxes. This rise has been primarily fueled by the COVID-19 pandemic as well as certain supply and demand imbalances. With the release of the 2023 assessments, Johnson County underscores the heightened value of your home, evident in your Sept. 1 property tax bill. Across the county, most residents are seeing their property assessments jump by around 15%, although increases in Iowa City range from 15% to an eye-popping 30% from 2021.

Read more: https://tinyurl.com/5y5bjju2