Allison, IA — income, home value, property tax, and sales tax.
In ZIP code 50625, near Allison, homes carry a median value of $86,600, and the county-level effective property tax rate of 1.35% works out to roughly $1,169 a year on such a home. With median household income at $64,250, that tax bill takes up about 1.8% of annual earnings, a share many homeowners elsewhere would envy. Per-capita income sits at $31,791. Day-to-day purchases carry a combined sales tax of 7.00%, which shapes the overall cost of living alongside housing.
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