Iowa City, IA — income, home value, property tax, and sales tax.
In ZIP code 52246, near Iowa City, households earn a median of $62,521, while per-capita income reaches $46,110. With a median home value of $348,900 and a county effective property tax rate of 1.52%, annual property taxes run about $5,303, a meaningful line item against that household income. A combined sales tax of 7.00% adds to everyday costs on purchases. Together, these figures sketch a budget where housing and taxes claim a solid share of earnings, so buyers here should weigh property tax obligations alongside mortgage costs and routine spending before committing to a home in this area.
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