Muncie, IN — income, home value, property tax, and sales tax.
Households in ZIP code 47334, near Muncie, bring in a median of $71,815 a year, with per-capita income of $36,114. Homes here are valued at a median of $183,100, and the county property tax rate of 0.74% works out to roughly $1,355 annually on that value. Sales tax in the area totals 7.00%, applying to everyday purchases. That combination leaves a fairly wide spread between earnings and housing costs, since the property tax bill amounts to under two percent of median household income, and buyers in this ZIP gain some breathing room compared with places where rates run higher.
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