Allison, IA — income, home value, property tax, and sales tax.
Homes around Allison in ZIP 50601 carry a median value of $127,200, and the county-level property tax rate of 1.32% works out to roughly $1,679 a year on such a house. With median household income at $66,250, that tax equals about 2.5% of a household's annual earnings. Per-capita income sits at $33,424. A 7.00% combined sales tax applies to purchases in the area. Buyers here face a housing market where prices stay within reach of local paychecks, though the property tax still claims a noticeable share of income each year.
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