Cherokee, IA — income, home value, property tax, and sales tax.
In ZIP 51037, near Cherokee, homes carry a median value of $235,400, and the county's 0.99% effective property tax rate works out to roughly $2,330 a year on such a home. With median household income at $58,958, that tax bill equals about 4% of annual earnings, a share that shapes what buyers here can comfortably carry. Per-capita income sits at $31,504, so single earners may feel the pinch more sharply than dual-income households. A 7.00% combined sales tax also trims spending power on everyday purchases, further influencing how much local families can set aside toward owning a home.
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