Lucerne, IN — income, home value, property tax, and sales tax.
With per-capita income at just $10,615 in ZIP code 46998, households near Lucerne operate on a tight margin, so each line item in the budget carries weight. County property taxes run 0.68% of assessed value, a rate that keeps annual housing costs from climbing too sharply. Sales tax, however, totals 7.00% on purchases, which adds up quickly when everyday spending already stretches limited earnings. Together these rates shape how far each dollar goes for people living in and around Lucerne, where low incomes make both taxes and routine expenses a real consideration in stretching a paycheck.