ZIP Code 50137

In ZIP 50137, near Baxter, homes are valued at a median of $187,500, and the county's 1.41% effective property tax rate works out to roughly $2,644 a year in taxes on such a home. With per-capita income at $46,741, that annual bill equals about 5.7% of a resident's income. Combined with a 7.00% sales tax rate on purchases, housing costs here claim a meaningful share of earnings, though the gap between income and home value leaves some breathing room compared with pricier markets.