Farmland, IN — income, home value, property tax, and sales tax.
Households in the 47358 ZIP code, near Farmland, bring in a median income of $79,063, while per-capita income sits at $37,361. A median home value of $131,700 pairs with a county property tax rate of 0.79%, so annual property taxes land near $1,040 for a home at that value. Sales taxes combine to 7.00%, which adds to everyday spending costs. With earnings at this level, housing costs and taxes together take up a contained share of the annual budget, though the sales tax applies broadly to purchases throughout the year.
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