Baxter, IA — income, home value, property tax, and sales tax.
ZIP code 50055, centered on Baxter, sits in middle-income territory. Households here earn a median of $85,278, while per-capita income reaches $47,108 — enough to suggest a stable, working-to-middle-class population rather than an affluent one. Homes carry a median value of $200,000, and the county's 1.40% effective property tax rate means owners pay roughly $2,800 annually on a house at that price. Add a 7.00% combined sales tax on purchases, and the overall tax picture leans moderate: not punishing, but a real cost that shapes day-to-day spending alongside mortgage payments.
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