Indianapolis, IN — income, home value, property tax, and sales tax.
In ZIP code 46217, on Indianapolis's south side, homes carry a median value of $244,000 while the county-level property tax rate sits at 0.91%. That works out to roughly $2,220 in annual property taxes on a median-priced home. Households here earn a median of $92,029, so that tax bill equals about 2.4% of yearly income—a share that leaves room in the budget without straining it. Per-capita income reaches $42,070. A 7.00% combined sales tax applies to purchases in the area, adding a bit to everyday costs, though the property tax side remains the larger consideration for anyone buying here.
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