ZIP Code 50140

In ZIP code 50140, which takes in Davis City, households earn a median of $57,443, or $28,524 per person. A median home here is valued at $121,900, and the county-level property tax rate of 1.61% works out to roughly $1,963 a year on a house at that price. Add a combined sales tax of 7.00%, and the picture is one of moderate taxes on both property and purchases. Income sits below the national median, so housing costs and these two rates together shape how far a paycheck stretches in this part of Iowa.