ZIP Code 47355

Households in ZIP code 47355, centered on Farmland, earn a median of $73,133, placing the area squarely in middle-income territory rather than among Indiana's wealthier communities. Per-capita income sits at $36,631, and homes are valued at a median of $117,000. County property taxes run at an effective rate of 0.79%, so a house at that median value would generate roughly $924 in annual tax. Shoppers here pay a combined sales tax of 7.00%. Taken together, the tax load stays fairly restrained against local earnings, with property levies taking a smaller bite than the sales tax charged on everyday purchases.