Valparaiso, IN — income, home value, property tax, and sales tax.
ZIP code 46383, centered on Valparaiso, sits in middle-income territory, with a median household income of $76,224 and per-capita income of $41,526. Homes here carry a median value of $279,900, and the county-level property tax rate of 0.83% means a household owning such a home would owe roughly $2,323 annually. Combined with a 7.00% sales tax, the overall load leans on consumption as much as property. This mix points to a stable, working- and middle-class community rather than an affluent one, where incomes support homeownership but leave little slack for higher taxes.
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