Lakota, IA — income, home value, property tax, and sales tax.
In ZIP code 50517, near Lakota, homes carry a median value of $124,700, and the county's 1.00% effective property tax rate works out to roughly $1,247 a year in taxes. With median household income at $61,875, that levy equals about two percent of a household's annual earnings, a share many owners can absorb without straining. Per-capita income stands at $41,916. Sales taxes add 7.00% to purchases, a cost residents encounter daily. Together, the figures point to a housing market where prices and tax bills stay within reach of local paychecks.
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