Grafton, IA — income, home value, property tax, and sales tax.
In ZIP code 50448, near Grafton, households report a median income of $62,059, while per-capita income sits at $33,959. Homes here carry a median value of $123,400, and the county-level property tax rate of 1.10% applies against that figure. Shoppers pay a combined 7.00% sales tax on purchases. Together these figures sketch the financial shape of the area: earnings that land near the middle of the national range, housing prices well below many metro markets, and two tax streams — one tied to property, one to spending — that shape what a household keeps over the course of a year.
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