Farnhamville, IA — income, home value, property tax, and sales tax.
Homes around Farnhamville in ZIP code 51453 carry a median value of $78,800, and the county's 1.32% effective property tax rate works out to roughly $1,040 a year on a house at that price. With median household income at $86,563 and per-capita income at $48,384, that tax bill absorbs a little over one percent of a typical household's annual earnings. Sales taxes add 7.00% at checkout. Low home values combined with strong local incomes mean property taxes here take a smaller slice of earnings than in many places where housing costs far more.
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