Iowa City, IA — income, home value, property tax, and sales tax.
With a median household income of $120,230 and per-capita income of $49,050, ZIP code 52227 sits comfortably above middle-income territory and leans affluent, particularly given its proximity to Iowa City. Homes here carry a median value of $341,900, and the county-level property tax rate of 1.66% means owners pay a meaningful share of that value annually. A combined sales tax rate of 7.00% applies to purchases. Together, these figures describe an area where earnings are strong, property values are elevated, and the tax load, while not trivial, is supported by substantial household resources.
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