Spencer, Iowa — Tax Burden
What is the tax burden in Spencer, Iowa?
Spencer, Iowa has a total tax burden of 11.27%, ranking #2510 nationally. Property tax rate: 1.39%, state income tax: 5.176%, sales tax: 6.94%. Median household income is $57,175.
Source: US Census ACS, 2022
Ranked #2510 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
11.27%
Rank: 2510th nationally
Property Tax Rate
1.39%
Rank: 2169th nationally
Income Tax Rate
5.176%
Iowa state rate
Sales Tax Rate
6.94%
State + local combined
Tax Burden Breakdown
Property (34%)Income (46%)Sales (20%)
Median Income: $57,175
Median Home Value: $156,000
Median Property Tax: $2,176/yr
Population: 11,351