Portland, IN — income, home value, property tax, and sales tax.
In ZIP 47373, near Portland, homes carry a median value of $98,900, and the county's 0.60% effective property tax rate translates to roughly $593 a year on a home at that price. With median household income at $51,532 and per-capita income at $22,488, that tax bill amounts to about 1.2% of a typical household's annual earnings. A 7.00% combined sales tax applies to purchases in the area. The gap between home values and earnings here means buyers can enter the market at lower prices, though household budgets still stretch across daily costs.
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