Davis City, IA — income, home value, property tax, and sales tax.
In ZIP code 50065, near Davis City, homes carry a median value of $92,500 while households earn a median of $49,423. With the county's 1.61% effective property tax rate, an owner of a median-valued home would owe roughly $1,490 annually — a figure that lands near three percent of median household income. Per-capita income sits at $32,677. Sales taxes add 7.00% to purchases in the area. The relationship between earnings and housing costs here hinges less on price than on the steady annual claim property taxes make against local paychecks.
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