ZIP Code 46221

In ZIP code 46221, on Indianapolis's southwest side, homes carry a median value of $191,300, and the county's 0.91% effective property tax rate works out to roughly $1,740 a year in taxes on a home at that price. With median household income at $65,280, that bill equals about 2.7% of annual earnings, while per-capita income sits at $29,663. Sales taxes add 7.00% to purchases in the area. Home values here stay within reach of local paychecks, and the property tax load takes a smaller share of income than in many parts of the country.