Lake Mills, IA — income, home value, property tax, and sales tax.
In ZIP code 50450, which takes in Lake Mills, households bring in a median of $76,125 a year, while per-capita income sits at $38,820. A median home value of $158,000 paired with a 1.32% county property tax rate works out to roughly $2,086 in annual property taxes. Combined with a 7.00% sales tax on purchases, these costs shape how far each paycheck stretches. The gap between household and per-person earnings hints at varied household sizes, and the housing and tax figures give a clearer sense of what daily expenses look like across the area.
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