Dorchester, IA — income, home value, property tax, and sales tax.
In ZIP code 52101, near Dorchester, homes carry a median value of $273,200, and the county's 1.12% effective property tax rate translates into roughly $3,060 a year in taxes on such a home. With median household income at $73,484, that bill absorbs about four percent of annual earnings, a meaningful slice of the budget. Per-capita income stands at $42,545. A 7.00% combined sales tax rate adds further cost to everyday purchases, so buyers weighing a move here should factor both the property levy and the sales tax into what they can comfortably carry.
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