Indianapolis, IN — income, home value, property tax, and sales tax.
In ZIP code 46225, on Indianapolis's near south side, homes carry a median value of $162,400. At the county's 0.91% effective property tax rate, that works out to roughly $1,478 a year in property taxes. Households here earn a median of $55,190, so the annual tax bill equals about 2.7% of that income — a share that stays within reach for many owners, though per-capita income of $35,507 shows how varied earnings are within the ZIP. Sales taxes in the area total 7.00%, a cost that applies to everyday purchases regardless of whether someone owns or rents.
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