ZIP Code 47167

Salem, IN — income, home value, property tax, and sales tax.

Median household income
$60,673
Per-capita income
$28,269
Median home value
$172,200
Property tax rate
0.63%
Combined sales tax
7.00%

ZIP code 47167, centered on Salem, sits in middle-income territory. A median household income of $60,673 and per-capita income of $28,269 point to a working- and middle-class mix rather than an affluent one. Homes carry a median value of $173,600, and the county-level property tax rate of 0.63% keeps annual bills comparatively contained against that value. Shoppers pay a 7.00% combined sales tax on purchases. Overall, this is a place where earnings are moderate and the tax structure leans on consumption rather than property ownership.

See how Salem, IN taxes stack up

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