Armstrong, IA — income, home value, property tax, and sales tax.
In ZIP code 50578, which takes in Armstrong, households bring in a median of $71,645 a year, while per-capita income sits at $40,171. A median home value of $106,500 pairs with a county property tax rate of 1.47%, so annual property taxes on such a home run roughly $1,566. Sales taxes add 7.00% to purchases made here. With earnings at this level, housing costs stay within reach, though the sales tax takes a bite out of everyday spending. The gap between household and per-person income also hints that many homes have more than one earner contributing.
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