Herein we summarize the current status of efforts to synthesize and characterize high‐valent mononuclear nonheme iron‐oxo complexes that serve as models for intermediates found in the catalytic cycles of dioxygen activating nonheme iron enzymes. The main focus is the description and comparison of over 70 nonheme Fe
IV
(O) complexes synthesized thus far, and also included are few examples of Fe
III
(O), Fe
III
(OX), and Fe
V
(O) complexes, which are often generated with related or identical ligand frameworks as the Fe
IV
(O) complexes. Structural and spectroscopic parameters, as well as basic trends in oxygen‐ and hydrogen‐atom transfer reactivity, are described for subsets of complexes where systematic comparisons can be made.