Terril — Financial Data

357 Population FY 2023

Beta: source-backed tax context only. This is not a personalized tax-burden estimate.

Current source-backed tax context for Iowa and Terril.

Component	Summary	Effective	Coverage	Sources
IA state individual income tax	Iowa individual income tax is a flat 3.8% rate for all taxable income levels.	Tax years 2025 and 2026 under Senate File 2442.	Rate missing	Iowa 2026 individual income tax rate announcement
IA sales and use tax (base)	Iowa sales and use tax rates are 6%; many jurisdictions also impose a 1% local option sales tax on most sales.	Current Iowa Department of Revenue guidance (as accessed April 18, 2026).	Rate missing	Iowa sales and use tax guide
IA property tax policy (local valuation and levy administration)	Iowa property valuation and collection are local, with county auditors determining levy rates from local taxing-authority budgets.	Current Iowa Department of Revenue guidance (as accessed April 18, 2026).	Needs review	Iowa property tax overview

Community Profile

Census Bureau ACS 5-year estimates

13.2% Poverty Rate 2023

14.0% Bachelor's+ Rate 2023

1.8% Unemployment Rate 2023

80.7% Homeownership Rate 2023

Median Household Income

$42,917 (2023)

2010 2023

Per Capita Income

$27,361 (2023)

2010 2023

Median Home Value

$95,400 (2023)

2010 2023

Median Gross Rent

$1,036 (2023)

2010 2023

Median Age

44.9 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.4 (2023)

2010 2023

Financial Documents (13)

Year	Title	Type
2023	Terril Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2022	Terril Census ACS 5-Year Estimates 2022	US_CENSUS_ACS5
2021	Terril Census ACS 5-Year Estimates 2021	US_CENSUS_ACS5
2019	Terril Census ACS 5-Year Estimates 2019	US_CENSUS_ACS5
2018	Terril Census ACS 5-Year Estimates 2018	US_CENSUS_ACS5

Governance & Structure

Governance Structure

School Details

Not applicable for this entity type.