Taxes in Ankeny

Ankeny's tax picture combines an above-median effective property tax rate, tied to its rapid growth, with Iowa's real, statewide flat income tax structure.

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An above-median property tax rate

Ankeny's effective property tax rate ran approximately 1.65% per Ownwell -- genuinely above Iowa's statewide median (~1.55%), with a median annual tax bill of approximately $5,012, more than double the national median (~$2,400).

Iowa's real, current flat income tax

Iowa's flat individual income tax rate ran 3.8% for 2026, the final step of a multi-year phase-down from a top graduated rate as high as 8.53% in 2022.

Growth-driven levy pressure

Ankeny's own real, rapid growth drives substantial school-district, DMACC, and DART levies layered atop the county base rate and the city's own $9.90-per-$1,000 FY2026 levy.

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.