Iowa City, IA — income, home value, property tax, and sales tax.
In ZIP code 52242, which covers part of Iowa City, per-capita income stands at $4,779. That low figure likely reflects a large student population rather than typical household earnings, so budgets here stretch thin on very little. Property taxes in the county run 1.52%, a real cost for any owner, while the combined sales tax rate is 7.00%, adding to everyday purchases. With income this limited, even routine spending takes careful planning, and housing costs can weigh heavily against what people bring in.
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