Farnhamville, IA — income, home value, property tax, and sales tax.
Households in ZIP code 50586, centered on Farnhamville, report a median income of $55,375, while per-capita earnings reach $39,296. With homes valued at a median of $89,100, property taxes at the county's 1.32% rate come to roughly $1,176 a year, a figure that shapes monthly housing costs in this area. Sales taxes add 7.00% to purchases made locally. Taken together, these figures describe a place where earnings stretch differently than in higher-cost markets, since lower home values offset the tax rate's bite and leave a workable gap between income and essential expenses.
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