ZIP Code 47431

With a median household income of $61,948 and per-capita income of $31,038, ZIP code 47431 sits in middle-income territory, anchored by the town of Freedom. Homes here have a median value of $163,500, and the county-level property tax rate of 0.66% translates into a comparatively gentle annual bill on that value. A combined sales tax rate of 7.00% applies to purchases within the area. Together, these figures describe a community where earnings land near the middle of the scale and the tax structure leans on sales revenue as much as property levies.