ZIP Code 50242

In ZIP code 50242, which centers on Malcom, households bring in a median of $67,104 a year, while per-person earnings average $33,494. A home here is valued at $225,000, and the county's 1.23% property tax rate would mean roughly $2,768 owed annually on such a house. Add the 7.00% combined sales tax on purchases, and daily spending carries its own cost. With income near $67,000, that property tax bill absorbs about four cents of every household dollar, a real consideration when weighing a move or a purchase in this area.