ZIP Code 47305

In Muncie's 47305 ZIP code, homes carry a median value of $77,800, and the county's 0.74% effective property tax rate works out to a comparatively light annual bill on that price. Households here earn a median of $36,389, while per-capita income sits at $23,547 — figures that make the tax load on a home purchase feel less pressing than in pricier markets. Sales tax across the area runs 7.00%, a cost residents absorb on everyday purchases. Together, low home values and a low rate keep property taxes from dominating the budget.