Muncie, IN — income, home value, property tax, and sales tax.
In ZIP code 47356, near Muncie, households report a median income of $67,049, while per-capita income sits at $38,348. Homes here carry a median value of $167,800, and the county-level property tax rate of 0.73% translates to roughly $1,225 annually on such a home. Sales tax in the area totals 7.00%, applying to everyday purchases. Together, these figures sketch a local economy where earnings and housing costs stay fairly aligned, with property taxes claiming a slim share of income and consumption taxes following the state's standard rate.
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