Muncie, IN — income, home value, property tax, and sales tax.
ZIP code 47303, part of Muncie, sits in working-class to middle-income territory. Households here bring in a median of $47,674 a year, with per-capita income at $28,116, both below what more prosperous areas command. A median home value of $118,200 keeps property taxes low: the county's 0.74% effective rate amounts to roughly $875 annually on that home. Shoppers pay a 7.00% combined sales tax on purchases. Taken together, this ZIP carries a fairly gentle tax load, though the trade-off is narrower earning power than wealthier parts of the region enjoy.
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