Floyd, IA — income, home value, property tax, and sales tax.
In ZIP code 50653, near Floyd, homes carry a median value of $163,300, and the county's 1.34% effective property tax rate works out to roughly $2,188 a year on such a home. With median household income at $79,250, that tax bill absorbs about 2.8% of annual earnings, while per-capita income sits at $37,045. Buyers here also pay a 7.00% combined sales tax on purchases. The relationship between what households earn and what they owe in property taxes shapes how far a paycheck stretches once a mortgage, insurance, and daily expenses are covered.
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