Waterloo, IA — income, home value, property tax, and sales tax.
Households in ZIP code 50612, near Waterloo, report a median income of $99,602, while per-capita income sits at $36,392. A median home value of $291,900 pairs with a county property tax rate of 1.38%, which works out to roughly $4,030 annually for a home at that value. Adding the 7.00% combined sales tax means everyday purchases carry a noticeable premium. Together, these figures sketch a community where earnings run above the per-capita average, housing costs are substantial, and both property and sales taxes shape the overall cost of living.