Allison, IA — income, home value, property tax, and sales tax.
Homes in the Allison area near ZIP 50433 carry a median value of $86,300, and the county's 1.45% effective property tax rate works out to roughly $1,251 a year on a house at that price. With median household income at $69,167, that bill equals about 1.8% of annual earnings, a light load by most standards. Per-capita income sits lower, at $24,828, so single earners may feel the pinch more sharply. Add the 7.00% combined sales tax on purchases, and the overall cost of living stays tied closely to what people bring home.
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