Murray, IA — income, home value, property tax, and sales tax.
In ZIP code 50213, near Murray, homes carry a median value of $165,500, and the county's 1.60% effective property tax rate works out to roughly $2,648 a year on such a home. With median household income at $73,026, that tax equals about 3.6% of annual earnings, a share many households can absorb without straining. Per-capita income sits at $38,603. A combined sales tax rate of 7.00% applies to purchases. Together, these figures sketch a housing market where prices and tax obligations stay broadly aligned with what earners in the area bring home.
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