HILLS
Cost of Living
Home Values and Rent Rates
Median home value: $93,112
Average selling price (first six months of '99 for area
south of I-80 and east of 218): $93,487
Highest selling price: $170,000
Lowest selling price: $54,000
Rent
rates by number of units, 1990 Census data (16,197 units
for all of Johnson County)
Less than $250, 2,779, 17.2 percent
$250-$499, 10,649, 65.7 percent
$500-$74,9 2,426, 15.0 percent
$750-$999, 258, 1.6 percent
$1000 or more, 85, 0.5 percent
Distribution
of home values
$500,000 or higher, 00 percent
$250,000 to $499,999, 0.69 percent
$150,000 to $249,999, 5.5 percent
$100,000 to $149,999, 34.5 percent
$75,999 to $99,999, 33.8 percent
$20,000 to $74,999, 24.8 percent
Under $20,000, 0.69 percent
State income tax brackets:
$51,120 or more, 8.98 percent
$34,081-$51,120, 7.92 percent
$22,721-$34,080, 6.80 percent
$17,041-$22,720, 6.48 percent
$10,225-$17,040, 6.12 percent
$4,545-$10,224, 4.50 percent
$2,273-$4,544, 2.43 percent
$1,137-$2,272, 0.72 percent
$1,136 or less, 0.36 percent
Median household income: $46,324
Taxes
City property taxes: $562.90 per $100,000 of assessed
valuation
County property taxes: $537.57 per $100,000 of assessed
valuation
School district property tax: $1,207.51 per $100,000
of assessed valuation
Total property taxes: $2,406.98 per $100,000 of assessed
valuation
Sales tax: 5 percent
Service
Rates
Water rate: All homes have their own well
Sewer rate: $10/month
Gas rate: MidAmerican Energy Company, (800) 427-5632
Electric rate: Alliant IES Utilities Inc., (800) 822-4348
Phone rate: Sharon Telephone Company, Inc., within Hills
or Sharon Center exchanges, call 611, or (319) 679-2211
Cable: AT&T of Eastern Iowa, (319) 351-3984
Trash pick up: $1 per 33 gallon garbage bag or $0.50
for 15 gallon garbage bag.