ZIP Code 47342

Households in ZIP code 47342, near Muncie, bring in a median of $75,030 a year, while per-capita income sits at $29,705. A median home value of $173,300 taxed at the county's 0.74% effective rate works out to roughly $1,280 in annual property tax, a figure many owners can plan around. Day-to-day purchases carry a 7.00% combined sales tax, so spending steadily chips away at earnings. With income outpacing home values by a healthy margin, households here have room to cover taxes, save, and handle other expenses without stretching too far.