Fairmount, IN — income, home value, property tax, and sales tax.
Homes around Fairmount in ZIP code 46953 carry a median value of $89,200, and the county's 0.72% effective property tax rate works out to roughly $642 a year on such a house. With median household income at $46,288 and per-capita income at $23,357, that tax bill absorbs a little under two percent of a typical household's annual earnings. The lower home values here keep property taxes contained even though the rate itself is not especially low, while a 7.00% combined sales tax applies to purchases across the area.
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