Indianapolis, IN — income, home value, property tax, and sales tax.
In ZIP 46204, part of Indianapolis, households earn a median of $86,396, with per-capita income at $67,139. A median home value of $381,400 pairs with a county property tax rate of 0.91%, which works out to roughly $3,470 a year in property taxes. Sales tax in the area totals 7.00%, applying to everyday purchases. Together, these figures sketch a downtown-adjacent pocket of the city where incomes run above many parts of Indiana, home prices sit well past the state midpoint, and the tax load splits between a comparatively gentle property rate and a standard sales rate.
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