ZIP Code 40845

In ZIP code 40845, near Calvin, homes carry a median value of $66,000, and the county-level effective property tax rate of 0.81% works out to roughly $535 a year on a home at that price. That figure sits against a median household income of $23,450 and per-capita income of $9,067, so the tax equals about 2.3% of what a median household earns annually. Sales tax adds 6.00% on purchases. Low home values keep the raw tax bill small, yet the thin income base means even that amount claims a real share of earnings.