Indianapolis, IN — income, home value, property tax, and sales tax.
In ZIP 46278, on the northwest side of Indianapolis, households earn a median of $158,648, with per-capita income at $70,148. That earnings level supports a median home value of $408,900, and the county's 0.91% effective property tax rate works out to roughly $3,720 annually on such a home. Sales taxes add 7.00% to purchases. Weighing housing costs against income, the property tax bill absorbs a little over two percent of median household earnings, so ownership here still leaves substantial income for other priorities.
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