Demotte, IN — income, home value, property tax, and sales tax.
In ZIP 46341, near Demotte, homes carry a median value of $269,300 while households bring in a median of $89,559, or $49,483 per person. With the county's effective property tax rate at 0.83%, the annual tax on a median-valued home comes to roughly $2,235. That figure sits comfortably against local earnings, since the rate is applied to property wealth rather than income. A 7.00% combined sales tax applies to purchases in the area. Together, these figures show a housing market where ownership costs stay within reach of area wages.
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