ZIP Code 50623

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

Median household income
$93,750
Per-capita income
$37,773
Median home value
$188,900
Property tax rate
1.50%
Combined sales tax
7.00%

Households in ZIP code 50623, near Waterloo, earn a median of $93,750, placing the area in middle- to upper-middle-income territory rather than among the working class or the truly affluent. Per-capita income sits at $37,773, and homes are valued at a median of $170,800. Property taxes run at 1.50% of value at the county level, which on a median-priced home amounts to roughly $2,560 a year. Add a combined sales tax of 7.00%, and the overall tax picture is moderate: not the heaviest load in Iowa, but a real cost that shapes what households here keep.

See how Waterloo, IA taxes stack up

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