ZIP Code 50574

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

Median household income
$60,469
Per-capita income
$37,025
Median home value
$98,100
Property tax rate
1.13%
Combined sales tax
7.00%

In ZIP code 50574, which centers on Palmer, households bring in a median of $60,469 a year, while per-capita income sits at $37,025. With a median home value of $110,300, property taxes run about 1.13% at the county level, a yearly bill near $1,246. Sales tax adds 7.00% to purchases, so everyday spending carries a noticeable premium. Those figures shape how far each paycheck stretches: housing costs stay within reach of the local earnings base, yet the combined tax load still trims what's left for savings, groceries, and other essentials.

See how Palmer, IA taxes stack up

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