Madrid, IA 50156

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 580 750 $11,570 $1,628
(12.07% of returns)
$1,400
(8.62% of returns)
$0
$25,000 to $50,000 530 830 $32,511 $1,787
(15.09% of returns)
$7,191
(22.64% of returns)
$4,633
$50,000 to $75,000 360 760 $42,203 $3,911
(25% of returns)
$14,488
(25% of returns)
$4,563
$75,000 to $100,000 300 830 $46,232 $4,557
(23.33% of returns)
$20,542
(23.33% of returns)
$5,708
$100,000 to $200,000 360 1040 $72,278 $3,292
(36.11% of returns)
$21,737
(22.22% of returns)
$6,087
Over $200,000 60 180 $174,141 $16,233
(50% of returns)
$0
(0% of returns)
$9,600
For Zip 2190 4390 $46,215

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Income Tax Rates

Rate Minimum Income Maximum Income
0.0036 0 1598
0.0072 1598 3196
0.0243 3196 6392
0.045 6392 14382
0.0612 14382 23970
0.0648 23970 31960
0.068 31960 47490
0.0792 47490 71910
0.0898 71910 null

Property Tax Rates

Rate Rank (compared to Other States)
0.015 12

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.06 0.0094 0.0694 27