ZIP Code 50157

In ZIP code 50157, near Malcom, homes carry a median value of $157,500, and the county-level effective property tax rate is 1.23%. That combination produces an annual property tax bill of roughly $1,937. With median household income at $115,000 and per-capita income at $61,786, housing costs sit well below what local earnings could support, so property taxes claim a smaller share of income than in many places. A combined sales tax rate of 7.00% applies to purchases. The gap between home values and earnings here shapes how attainable ownership remains.