Fairmount, IN — income, home value, property tax, and sales tax.
ZIP code 46987, centered on Fairmount, sits in middle-income territory, with a median household income of $80,893 and per-capita income of $34,353. Home values hover around $152,500, and the county-level effective property tax rate of 0.72% means annual property taxes land near $1,100 on a home at that median value. A combined sales tax rate of 7.00% applies to purchases in the area. Together, these figures describe a community where earnings are steady, housing costs stay within reach of working and middle-class households, and the tax load remains a contained part of the overall cost of living.
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