ZIP Code 50538

Farnhamville, IA — income, home value, property tax, and sales tax.

Median household income
$62,344
Per-capita income
$31,167
Median home value
$118,800
Property tax rate
1.32%
Combined sales tax
7.00%

In ZIP code 50538, which takes in Farnhamville, households bring in a median of $62,344 a year, while per-capita income sits at $31,167. A median home value of $94,000 pairs with a county property tax rate of 1.32%, so annual property taxes on such a home come to roughly $1,240. Sales tax runs 7.00% on purchases. With earnings at this level and housing costs staying low, the tax load on property takes a smaller share of income than in pricier markets, though the sales tax applies to everyday spending.

See how Farnhamville, IA taxes stack up

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