Valparaiso, IN — income, home value, property tax, and sales tax.
In ZIP code 46393, near Valparaiso, homes carry a median value of $143,600 while households bring in a median of $56,250 a year. The county-level effective property tax rate of 0.83% works out to roughly $1,192 annually on a home at that median value — about 2.1% of household income. With per-capita income at $29,700, that tax load stays contained even for single earners. A combined sales tax of 7.00% applies to purchases. Buyers weighing a move here may find the gap between local wages and home prices narrower than in many larger markets.
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