Des Moines, IA — income, home value, property tax, and sales tax.
In ZIP 50321, on Des Moines's south side, homes carry a median value of $320,500, and the county's 1.68% effective property tax rate works out to roughly $5,384 a year on such a home. Households here earn a median of $80,351, so that tax bill equals about 6.7% of annual income — a real cost, though not an overwhelming one against the area's earnings. Per-capita income reaches $56,160, and the combined sales tax rate is 7.00%. Buyers weighing this ZIP should expect property taxes to figure prominently in their monthly costs.
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