ZIP Code 50120

Albion, IA — income, home value, property tax, and sales tax.

Median household income
$142,662
Per-capita income
$40,330
Median home value
$145,500
Property tax rate
1.42%
Combined sales tax
7.00%

In ZIP code 50120, near Albion, households earn a median of $142,662, while per-capita income sits at $40,330. A median home value of $177,000 pairs with a county effective property tax rate of 1.42%, and the combined sales tax rate reaches 7.00%. That mix means property taxes on a median-priced home stay tied to a fairly contained home value, even as sales tax applies to everyday purchases at a rate of seven cents per dollar. With income well above the home value, the overall picture leans on earning power outpacing housing costs across this area.

See how Albion, IA taxes stack up

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