Lake Mills, IA — income, home value, property tax, and sales tax.
In ZIP code 50453, near Lake Mills, homes carry a median value of $153,600, and the county-level effective property tax rate of 1.32% translates to roughly $2,028 in annual taxes on such a home. With median household income at $77,868, that tax bill equals about 2.6% of yearly earnings, a share many owners can absorb without straining. Per-capita income sits at $34,743. Sales taxes combine to 7.00%, adding to everyday costs. The relationship between home prices, earnings, and taxes here shapes how far a paycheck stretches for buyers.
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