Iowans and private entities in lower-income areas pay more in property taxes than those in wealthier areas, a report issued by Iowa Auditor of State Rob Sand found.
DES MOINES — Iowans and private entities in lower-income areas pay more in property taxes than those in wealthier areas, a report issued by Iowa Auditor of State Rob Sand
Low-income areas pay more in property taxes, Auditor Rob Sand reports - Oskaloosa News oskynews.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oskynews.org Daily Mail and Mail on Sunday newspapers.
According to the report, every $1,000 increase in an area’s median household income is associated with a 10.6 cent decline in overall property tax rate.