Indianapolis, IN — income, home value, property tax, and sales tax.
ZIP code 46227, on Indianapolis's south side, sits squarely in middle-income territory, with a median household income of $53,629 and per-capita income of $32,328. Homes here carry a median value of $210,000, and the county-level property tax rate of 0.91% translates to a yearly bill that's a contained share of household earnings. Add a combined sales tax of 7.00%, and the overall tax picture stays steady rather than steep. This is a working-to-middle-income area where housing costs and taxes together leave room in the budget for everyday expenses.
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