ZIP Code 72101

In ZIP code 72101, near Cherry Valley, homes carry a median value of $105,100, and the county's 0.56% effective property tax rate works out to roughly $589 a year on a home at that price. With median household income at $50,921 and per-capita income at $33,530, that tax bill takes up a little over one percent of a household's annual earnings, a share most owners can absorb without straining. The 9.50% combined sales tax rate does add to everyday costs, though, trimming what's left after the mortgage and property tax are paid.