Cherokee, IA — income, home value, property tax, and sales tax.
In ZIP code 51029, near Cherokee, households earn a median of $86,042, while per-capita income sits at $39,030. The county's effective property tax rate of 0.99% applies to whatever a home is worth, so the actual bill scales with local sale prices rather than income. A house assessed at $200,000 would draw roughly $1,980 in annual property taxes, a figure that shifts with each reassessment. Sales tax in the area runs 7.00%, adding cost to everyday purchases. Together, these figures shape how far a paycheck stretches for owners and renters alike.
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