ZIP Code 47387

ZIP code 47387, centered on Knightstown, sits in middle-income territory, with a median household income of $86,818 and per-capita income of $37,072. Homes here carry a median value of $152,000, and the county-level effective property tax rate of 0.73% means the annual tax bill on such a home lands near $1,110. A combined sales tax rate of 7.00% applies to purchases in the area. Together, these figures describe a community where earnings are steady, housing costs stay within reach of local wages, and the tax load leans toward the lighter side.