Iowa

Albia

City Albia is a city in Iowa, in Monroe County.

The median owner-occupied home in Albia had a real-estate tax bill of $2,059 (± $317) a year, compared with $2,795 in Iowa and $2,969 nationwide. The median home value was $132,500 (± $13,321), compared with $195,900 in Iowa and $303,400 nationwide.

U.S. Census Bureau estimates for Albia, Iowa and the United States, with margins of error
MeasureAlbiaIowaUnited States
Population 3,688 ± 16 3,195,937 332,387,540
Median annual property tax bill (homeowners) $2,059 ± $317 $2,795 ± $14 $2,969 ± $3
Median home value $132,500 ± $13,321 $195,900 ± $929 $303,400 ± $362
Median household income $67,791 ± $13,199 $73,147 ± $438 $78,538 ± $176
Property tax as a share of home value (calculated) 1.55% ± 0.29 points 1.43% ± 0.01 points 0.98% ± under 0.01 points
Homes lived in by their owners 77.4% ± 10.5 points 71.5% ± 0.3 points 65.0% ± 0.3 points
Owner households headed by someone 65 or older 29.4% ± 8.2 pointsrough guide only: the margin of error is 28% of the estimate 31.1% ± 0.2 points 32.6% ± 0.2 points
Owners spending 30% or more of income on housing costs 15.0% ± 7.3 pointsrough guide only: the margin of error is 48% of the estimate 16.8% ± 0.3 points 22.2% ± 0.1 points
How to read these numbers

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2019–2023: tables B25103 (real estate taxes), B25077 (home value), B19013 (household income), B01003 (population), B25003 (owners and renters), B25007 (age of householder), B25091 (housing costs as a share of income); see the Census ACS data page.

If property taxes go unpaid in Iowa

How it works. County annual tax sale transfers delinquent-tax lien through certificate of purchase; unredeemed certificate may mature into treasurer deed

Excess sale money. Ordinary tax sale is a certificate/lien transaction rather than a property auction, so there is no simple auction-overbid surplus analogous to a sheriff deed sale in the cited chapters. No separate former-owner equity-payment rule was verified in Chapters 446-448; retain as an unresolved legal-research item rather than infer one

These rules are set by Iowa, not by Albia, so this section is the same for every place in the state. Last verified 2026-09-25. See the full Iowa entry with statute links.

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