Lake Mills, IA 50450

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 430 600 $11,379 $2,300
(11.63% of returns)
$1,425
(9.3% of returns)
$0
$25,000 to $50,000 400 690 $28,933 $1,200
(12.5% of returns)
$6,566
(22.5% of returns)
$3,000
$50,000 to $75,000 210 460 $39,315 $1,975
(19.05% of returns)
$14,483
(28.57% of returns)
$3,800
$75,000 to $100,000 140 400 $43,865 $3,000
(35.71% of returns)
$20,440
(35.71% of returns)
$5,900
$100,000 to $200,000 170 550 $63,819 $5,611
(52.94% of returns)
$23,260
(29.41% of returns)
$4,133
For Zip 1370 2700 $34,968

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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