Taxes in Ames

Ames's tax picture combines a genuinely below-median effective property tax rate with Iowa's real, statewide flat-tax structure.

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A property tax rate below Iowa's own statewide median

Ames's effective property tax rate ran approximately 1.42% (Ownwell's cited median, consistent across both the 50010 and 50014 ZIP codes reviewed) -- modestly below Iowa's own statewide median (~1.55%).

Iowa's real, current flat income tax

Iowa's individual income tax rate runs a flat 3.8% (2026) on all taxable income -- reached a year ahead of schedule via a real, multi-year phase-down from a former top graduated rate of 8.53%, per this project's verified Iowa statewide research context.

A real, current 7% combined sales tax

Ames's combined sales tax runs 7% (Iowa's 6% state base plus Story County's 1% local-option sales tax; Ames itself levies no separate additional city rate).

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.