Albion, IA — income, home value, property tax, and sales tax.
ZIP code 50635, centered on Albion, sits in middle-income territory. A median household income of $81,125 and per-capita income of $39,910 place local earners above many rural Iowa communities, though a median home value of $154,700 keeps housing costs grounded. Property taxes in this county run at an effective rate of 1.38%, so a home at that median value would generate roughly $2,135 annually. Add a combined sales tax of 7.00%, and the overall tax picture stays steady rather than steep, matching a working- to middle-income area where wages are solid but not high enough to escape a noticeable tax load.
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