Cedar Rapids, IA — income, home value, property tax, and sales tax.
In Cedar Rapids's 52401 ZIP code, a median home value of $157,100 pairs with a county effective property tax rate of 1.66%, yielding an annual tax bill near $2,608. That figure lands hard against a median household income of $35,060, consuming roughly 7.4% of it before mortgage payments even begin. Per-capita income sits at $30,890, and a 7.00% combined sales tax adds further pressure on daily spending. The gap between what homes cost and what residents earn shapes the squeeze here: ownership carries a real tax load relative to paychecks in this part of the city.
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