Iowa City, IA 52240

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 5780 7660 $11,795 $1,432
(9% of returns)
$1,543
(2.77% of returns)
$4,642
$25,000 to $50,000 3350 5470 $31,898 $2,193
(12.84% of returns)
$7,283
(12.54% of returns)
$4,519
$50,000 to $75,000 1860 3590 $44,461 $3,270
(25.81% of returns)
$15,552
(22.58% of returns)
$4,925
$75,000 to $100,000 1130 2620 $52,375 $3,820
(34.51% of returns)
$20,835
(27.43% of returns)
$5,692
$100,000 to $200,000 1640 4190 $74,491 $6,636
(50% of returns)
$24,574
(30.49% of returns)
$6,396
Over $200,000 640 1730 $239,858 $18,673
(70.31% of returns)
$28,094
(28.12% of returns)
$9,425
For Zip 14400 25260 $49,423

`

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