Albion, IA — income, home value, property tax, and sales tax.
In ZIP code 50148, near Albion, households earn a median of $84,083, with per-capita income at $36,138. Homes here carry a median value of $97,200, and the county-level property tax rate of 1.42% means annual taxes stay tied closely to that lower valuation. Add a combined sales tax of 7.00%, and the overall picture leans on income strength against contained housing costs. That gap between earnings and home prices shapes daily life more than either tax rate alone, since property levies apply to a smaller base while sales tax touches everyday purchases.
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