Baxter, IA — income, home value, property tax, and sales tax.
ZIP code 50135, centered on Baxter, sits squarely in middle-income territory. A median household income of $65,250 and per-capita income of $31,490 place it above many rural Iowa communities but below the state's more affluent suburbs. Homes here carry a median value of $165,200, and the county-level property tax rate of 1.41% means owners pay a meaningful share of that value each year. Add a 7.00% combined sales tax on everyday purchases, and the overall tax picture reflects a working- and middle-class area where wages stretch to cover both housing costs and consumption taxes.
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