ZIP Code 50461

In ZIP code 50461, near Floyd, homes carry a median value of $180,400 while the county's effective property tax rate sits at 1.10%. That works out to roughly $1,984 a year in property taxes on a median-valued home. With median household income at $68,886 and per-capita income at $42,287, the annual tax bill amounts to about 2.9% of a household's earnings. Sales tax in the area combines to 7.00%, which adds to everyday costs. The relationship between home prices, earnings, and the tax rate shapes how far a paycheck stretches for owners here.