Indianapolis, IN — income, home value, property tax, and sales tax.
In ZIP code 46037, near Indianapolis, homes carry a median value of $434,200, and the county-level property tax rate of 0.88% works out to roughly $3,820 a year in taxes on that median home. With median household income at $141,810 and per-capita income at $61,268, that tax bill absorbs a smaller share of earnings than in many places. The 7.00% combined sales tax applies to purchases across the area. High home values paired with strong incomes keep property taxes from straining most household budgets here.
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