South Bend, IN — income, home value, property tax, and sales tax.
In ZIP code 46601, which covers part of South Bend, homes carry a median value of $145,000, and the county-level property tax rate of 0.86% works out to roughly $1,247 a year for a home at that price. That figure lands against a median household income of $30,789, so property taxes alone claim about 4% of a typical household's annual earnings. Per-capita income sits at $24,558. A combined sales tax rate of 7.00% adds further cost to everyday purchases, tightening what households here can set aside for housing and other essentials.
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