Cedar Rapids, IA — income, home value, property tax, and sales tax.
In ZIP 52233, near Cedar Rapids, homes carry a median value of $204,200 while households earn $65,575 a year. The county's 1.66% effective property tax rate works out to roughly $3,390 annually on a median-priced home, or about 5.2% of median household income. Per-capita income sits at $38,032. A 7.00% combined sales tax applies to purchases in the area. Buyers weighing a move here should factor that annual tax bill alongside their mortgage, since it adds meaningfully to the cost of owning a home at this price point.
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