Baxter, IA — income, home value, property tax, and sales tax.
Homes in the 50127 ZIP code, which takes in Baxter, carry a county-level property tax rate of 1.41%. That rate lands on the higher side for Iowa, so owners here hand over a meaningful slice of their property's value each year. Shoppers pay 7.00% in combined sales tax on purchases. Together these two levies point to a working-class to middle-income area, where wages stretch thinner and taxes take a real bite out of household budgets. The property tax in particular shapes the cost of owning a home around Baxter, adding a steady expense on top of mortgage payments.