ZIP Code 47408

In ZIP code 47408, near Bloomington, households earn a median of $45,644, while per-capita income reaches $35,302. Homes here carry a median value of $346,900, and the county-level property tax rate of 0.71% applies to that figure. Sales tax in the area totals 7.00%. Together these figures sketch a place where housing values run well above what median earnings alone might support, a pattern often seen in university-anchored communities. Property taxes stay below one percent of value, which eases the annual carrying cost somewhat, though the sales tax rate adds to everyday expenses.