ZIP Code 50620

In ZIP code 50620, near Floyd, per-capita income reaches $90,694 while median home values sit at $102,800 — a striking gap that gives households considerable financial slack. County property taxes run 1.34%, which works out to roughly $1,377 annually on a home at that median value. Add the 7.00% combined sales tax, and everyday purchases carry a higher rate than the property levy on housing. The income-to-home-value ratio here stands out: earnings are strong enough that owning costs absorb a smaller share of yearly resources than in many places, even with both taxes factored in.