Murray, IA — income, home value, property tax, and sales tax.
Homes in the Murray area near ZIP 50257 carry a median value of $226,200, and the county's 1.48% effective property tax rate translates to roughly $3,348 a year on such a home. With median household income at $94,375, that tax bill equals about 3.5% of annual household earnings, a share many owners can absorb alongside other costs. Per-capita income sits at $35,235. A 7.00% combined sales tax applies to purchases in the area, adding to the overall cost of living that homeowners here weigh against their earnings.
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