Albion, IA — income, home value, property tax, and sales tax.
In ZIP code 50005, near Albion, homes carry a median value of $137,500, and the county-level property tax rate of 1.42% works out to roughly $1,953 a year for a house at that price. With median household income at $76,696, that tax bill equals about 2.5% of annual earnings, while per-capita income sits at $34,630. A 7.00% combined sales tax applies to purchases in the area. The gap between the median home value and what households bring in shapes how far a paycheck stretches here.
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