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