Florence, IN — income, home value, property tax, and sales tax.
In ZIP code 47020, near Florence, households earn a median of $71,875, while per-capita income sits at $30,924. A median home value of $161,700 pairs with a county property tax rate of 0.45%, an annual bill of roughly $728. Sales tax runs 7.00% on purchases. Together, these figures sketch a cost picture shaped more by everyday spending than by property taxes, since the housing levy stays low against the home's value. Income levels here support a range of ownership and rental choices, with the sales tax applying uniformly across goods bought in the area.
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