Waterloo, IA — income, home value, property tax, and sales tax.
ZIP code 50667, centered on Waterloo, sits in middle-income territory: a median household income of $76,711 and per-capita income of $35,324 place it above many rural Iowa communities but short of the state's wealthiest suburbs. Homes here carry a median value of $222,600, and the county-level property tax rate of 1.50% means a house at that value would generate roughly $3,339 in annual property taxes. Add a combined sales tax of 7.00%, and the overall tax picture is moderate rather than punishing—steady costs that track with what is largely a working- to middle-class local economy.
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