Valparaiso, IN — income, home value, property tax, and sales tax.
ZIP code 46347, near Valparaiso, sits in middle-income territory: a median household income of $95,348 and per-capita income of $40,243 place it above many Indiana communities without reaching the state's wealthiest enclaves. Homes here carry a median value of $255,400, and the county-level effective property tax rate of 0.83% means a household owning such a home would owe roughly $2,120 annually. Sales taxes add 7.00% to purchases. Taken together, the tax load leans on property owners more than shoppers, and the income figures point to a solidly middle-class area rather than one at either extreme.
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