Clarence, IA — income, home value, property tax, and sales tax.
Homes in the 52333 ZIP code, centered on Clarence, carry a median value of $366,900, and the county's 1.52% effective property tax rate works out to roughly $5,577 a year on a house at that price. With median household income at $118,721, that bill takes up about 4.7% of annual earnings, while per-capita income sits at $53,266. A 7.00% combined sales tax applies to purchases in the area. Higher earnings here help offset what is a fairly substantial annual tax figure tied to local property values.
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