South Bend, IN — income, home value, property tax, and sales tax.
In ZIP code 46614, which takes in part of South Bend, households bring in a median of $74,153 a year, while per-capita income sits at $39,222. A median home value of $187,500 paired with a 0.86% county property tax rate works out to roughly $1,600 in annual property taxes. Sales tax in the area runs 7.00%, so everyday purchases carry a noticeable surcharge. Taken together, these figures sketch a household budget where housing costs and income stay fairly aligned, though the sales tax applies broadly to spending.
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