Jefferson, IA — income, home value, property tax, and sales tax.
In ZIP code 50029, near Jefferson, homes carry a median value of $76,100, and the county-level property tax rate of 1.22% works out to roughly $928 a year on such a home. With median household income at $57,125 and per-capita income of $27,115, that annual tax bill takes up a noticeable but not overwhelming share of earnings. Combined with a 7.00% sales tax, ownership costs stay within reach for many working households, since the low entry price for housing keeps mortgage and tax obligations aligned with local wages.
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