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Peru
Peru
Iowa
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3.5 out of 5 stars based on 0 ratings
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Old Peru (also Peru, pronounced PEE-roo) is an unincorporated community in Madison County, Iowa, United States. Its elevation is 1,122 feet (342 m). Although Old Peru is unincorporated, it once had a post office under the name of Peru; the office was established on 18 April 1853 and closed on 14 September 1903. Even though the community's post office has been closed for over a century, ZIP Code 50222 is still reserved for Peru. Old Peru was laid out as a town in 1855, but it declined when the railroad missed it by a mile, and in 1887 the town of East Peru was founded on that line. The original (seedling) delicious apple tree grew in Peru.

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Taxes

C

How did Iowa earn the grade of C? We examined the state taxes based on how age friendly they are. Iowa has a state sales tax of 6.00%. Of particular interest is that Iowa does not have taxes on social security. There are no estate taxes. There are taxes imposed on inheritance. Iowa has an effective property tax rate of 1.50%. Weighing these taxes and other taxes most likely to impact the aging population is how Iowa earned its state tax grade of C.

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