Graduated: 6% on first $25,000; 8% on next $75,000; 10% on next $150,000; 12% on all over $250,000.
6%. Exemptions include: Purchases of manufacturing machinery and equipment.
Properties are assessed at 100% of market value. Levied on the taxable value of real property. No personal property tax including goods-in-progress inventories and raw materials.
Marshall Economic Development Impact Committee (MEDIC) is a public/private full service economic development firm in Central Iowa representing Marshall County, Iowa (Population 45,000). We specialize in assisting companies interested in locating, expanding or starting in Central Iowa with a focus on advanced manufacturing, biosciences & distribution.