ZIP Code 50531

Households in ZIP code 50531, near Armstrong, earn a median of $93,036, placing the area in middle-income territory rather than among Iowa's wealthier communities. Per-capita income sits at $41,216, and median home values reach $152,000. Property taxes are levied at 1.47% countywide, so a home assessed at that median value would generate an annual bill of roughly $2,234, a meaningful line item for a household at this income level. Add a 7.00% combined sales tax on purchases, and the overall tax picture reflects a working- to middle-income area where housing costs stay within reach but taxes still claim a noticeable share of earnings.