ZIP Code 46731

Households in ZIP code 46731, near Craigville, earn a median of $108,036, placing the area in solidly middle-to-upper-income territory. Per-capita income sits at $38,059, and median home values reach $229,700. Property taxes run at an effective rate of 0.54% at the county level, so a home assessed near that median would owe roughly $1,240 annually. Combined with a 7.00% sales tax, the overall tax picture leans on consumption rather than property ownership. That mix suits a community where incomes are comfortable but not exceptionally high, and where housing costs remain within reach of working households.