ZIP Code 46945

Akron, IN — income, home value, property tax, and sales tax.

Median household income
N/A
Per-capita income
N/A
Median home value
$156,500
Property tax rate
0.54%
Combined sales tax
7.00%

In ZIP code 46945, which falls in or near Akron, the county-level effective property tax rate sits at 0.54%. That rate shapes what homeowners actually owe each year, since the bill scales with assessed value rather than income. A household earning a given salary and buying at a particular price point will feel that 0.54% differently depending on both figures. Sales taxes add another layer: purchases in this ZIP carry a combined 7.00% rate, which draws on the same household budget that covers the mortgage and property tax bill. Together, these two taxes influence how far a paycheck stretches for anyone buying a home here.