Glenwood, IN — income, home value, property tax, and sales tax.
In ZIP code 46133, near Glenwood, homes carry a median value of $110,800, and the county's 0.65% effective property tax rate works out to roughly $720 a year on a home at that price. With median household income at $57,589, that tax bill equals about 1.3% of annual earnings — a light load by most standards, though per-capita income of $24,502 shows many individual earners bring in far less. A 7.00% combined sales tax applies to purchases. Lower home values here keep both mortgage costs and property taxes contained.
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