ZIP Code 47404

Households in ZIP code 47404, which takes in part of Bloomington, report a median income of $61,389, or $37,470 per person. A median home value of $257,500 pairs with a county property tax rate of 0.71 percent, so annual property taxes land near $1,828 before any exemptions. Sales taxes add 7.00 percent to most purchases. Weighing these together, housing costs and the property levy take a meaningful share of earnings, while the sales tax applies steadily to everyday spending. Income here trails the home values on offer, so buyers should expect a tighter fit between wages and ownership costs.