Canaan, IN — income, home value, property tax, and sales tax.
In ZIP code 47270, near Canaan, households bring in a median of $83,387 a year, with per-capita income at $37,147. That earnings level pairs with a median home value of $137,500, and the county's 0.60% effective property tax rate works out to a comparatively gentle annual bill on a house at that price. Sales tax runs 7.00% on purchases, which shapes day-to-day spending. Together these figures sketch a place where incomes stretch fairly far against housing costs, though everyday consumption still carries the state and local sales levy.
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