Morgantown, IN — income, home value, property tax, and sales tax.
Households in ZIP code 46164, near Morgantown, report a median income of $85,735, with per-capita income at $54,551. A median home value of $247,200 pairs with a county effective property tax rate of 0.44%, which works out to a comparatively contained annual property tax bill. Sales tax in the area totals 7.00%, applying to everyday purchases across the ZIP. Together, these figures sketch a local cost picture where earnings run ahead of the state norm and housing costs stay within reach of the median household.
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