Albion, OK — income, home value, property tax, and sales tax.
In ZIP code 74521, near Albion, homes carry a median value of $45,000, and the county's effective property tax rate of 0.39% works out to roughly $176 a year on such a home. With median household income at $35,000 and per-capita income at $22,663, that tax bill absorbs only a sliver of annual earnings, so owning here does not demand the income that many markets require. A combined sales tax rate of 6.50% applies to purchases. The result is a housing picture where low values and a low rate together keep ownership costs down.
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