Indianapolis, IN — income, home value, property tax, and sales tax.
In ZIP code 46224, on the west side of Indianapolis, households earn a median of $55,986, with per-capita income at $27,918. Homes here are valued at a median of $181,600, and the county-level property tax rate of 0.91% works out to roughly $1,653 a year on such a home. Add Indiana's 7.00% combined sales tax on purchases, and the two levies pull from different directions — one tied to owning a home, the other to everyday spending. Housing costs stay comparatively contained against the income figure, though sales tax touches nearly every transaction a household makes.
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