ZIP Code 52340

Households in ZIP code 52340, near Iowa City, report a median income of $98,393, with per-capita income at $59,661. A median home value of $342,800, taxed at the county's 1.52% effective property tax rate, works out to roughly $5,200 annually in property taxes. Add the 7.00% combined sales tax on purchases, and the picture is one of solid earnings paired with meaningful housing costs and steady tax obligations. The income level comfortably exceeds the home value's tax demands, though buyers should weigh both the property levy and sales tax against their overall spending.