Knightstown, IN — income, home value, property tax, and sales tax.
In ZIP 47337, near Knightstown, homes carry a median value of $104,200, and the county-level effective property tax rate of 0.73% works out to roughly $760 a year in taxes on such a home. With median household income at $57,250 and per-capita income at $36,548, that annual tax bill takes up a sliver of household earnings. A 7.00% combined sales tax applies to purchases in the area. The gap between home prices here and what households bring in shapes how far a paycheck stretches toward owning a place.
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