ZIP Code 46121

In ZIP code 46121, near Indianapolis, homes carry a median value of $275,700 while the county-level effective property tax rate sits at 0.81%, translating to roughly $2,233 in annual property taxes on that median home. With median household income at $89,409 and per-capita income of $42,694, that tax bill consumes about 2.5% of a household's yearly earnings. Combined with a 7.00% sales tax rate, housing costs here stay tied closely to what residents bring in, and the property tax load remains a contained share of income rather than a dominant expense.