ZIP Code 47361

In ZIP code 47361, near Knightstown, homes carry a median value of $154,500 while the county's effective property tax rate sits at 0.73%. That combination yields an annual tax bill of roughly $1,128. Households here bring in a median of $53,333, so property taxes claim about 2.1% of that income. Per-capita income stands at $26,851, and the combined sales tax rate is 7.00%, which adds to the overall cost of living. The relationship between earnings and housing costs shapes how far a paycheck stretches in this area.