Thayer, IA — income, home value, property tax, and sales tax.
In ZIP 50842, which takes in Thayer, households earn a median of $59,583, while per-capita income comes to $33,682. A home valued at $104,700 would draw about $1,885 in yearly property taxes at the county's 1.80% rate — a figure that lands gently against that median pay. Day-to-day purchases carry a 7.00% combined sales tax, so spending adds up gradually rather than in one hit. With housing costs staying low against earnings, many families here have room to cover essentials, absorb the sales tax on regular buys, and still set something aside.
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