Gibson, IA — income, home value, property tax, and sales tax.
In ZIP code 52501, near Gibson, homes carry a median value of $122,700, and the county's 1.58% effective property tax rate works out to roughly $1,939 a year on such a home. With median household income at $63,426 and per-capita income at $32,047, that tax bill equals about 3% of household earnings. Combined with a 7.00% sales tax, the overall cost of living leans on everyday purchases as well. Home prices here stay within reach of local paychecks, though the tax rate itself sits above what many parts of the country charge.
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