Lake Mills, IA — income, home value, property tax, and sales tax.
ZIP code 50459, centered on Lake Mills, sits squarely in middle-income territory, with a median household income of $71,618 and per-capita income of $39,585. Homes here carry a median value of $149,600, and the county-level effective property tax rate of 1.10% means owners pay roughly $1,646 annually per $149,600 of value. Sales tax across the area totals 7.00%, a rate shoppers encounter on most purchases. Together these figures describe a working- to middle-income community where housing costs stay within reach and the tax load, while real, tracks the local wage base rather than outpacing it.
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