Florence, IN — income, home value, property tax, and sales tax.
In ZIP 47038, which takes in Florence and the surrounding area, households earn a median of $46,101, while per-person income sits at $27,095. Homes here are valued at a median of $116,300, and the county property tax rate of 0.45% works out to a comparatively small annual bill on a house at that price. Day-to-day purchases carry a combined 7.00% sales tax. With earnings at this level, housing costs and sales taxes together shape how much room a household has left each month for everything else.
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