Cherokee, IA — income, home value, property tax, and sales tax.
In ZIP code 51049, near Cherokee, homes are valued at a median of $106,100, and the county's 0.99% effective property tax rate works out to roughly $1,050 a year on such a home. Households here earn a median of $57,120, so that tax equals about 1.8% of annual income, a share that stays contained because home prices have not climbed far beyond what local wages support. Per-capita income is $35,590. A 7.00% combined sales tax applies to purchases, adding a separate cost that stretches budgets already shaped by housing expenses.
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