Canaan, IN — income, home value, property tax, and sales tax.
With a median household income of $75,123 in the Canaan area, ZIP code 47043 sits in middle-income territory, though per-capita income of $33,787 points to a broad spread of earnings across households. Homes here carry a median value of $190,400, and the county-level property tax rate of 0.45% keeps annual taxes on such a home under $900. A combined sales tax of 7.00% applies to purchases in the ZIP. Together these figures describe a place where housing costs and tax obligations stay proportionate to local wages rather than straining them.
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