Galt, IA — income, home value, property tax, and sales tax.
Homes in the Galt area near ZIP code 50101 carry a median value of just $45,000, while households here bring in a median income of $173,542 and per-capita income reaches $53,795. With the county's effective property tax rate at 1.51%, the owner of a median-priced home would owe roughly $680 a year, a tiny slice of typical earnings. That gap between high local incomes and low housing values shapes daily life around Galt, where a 7.00% combined sales tax applies to purchases.
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