Bloomfield, IN — income, home value, property tax, and sales tax.
In ZIP code 47441, which covers Bloomfield, homes carry a median value of $119,000, and the county's 0.58% effective property tax rate works out to roughly $690 a year on such a house. With median household income at $47,636 and per-capita income at $32,662, that tax bill absorbs a slim share of annual earnings, so owning here does not demand the income that costlier markets do. Buyers should also account for the 7.00% combined sales tax on purchases, which adds to everyday expenses even as housing costs stay contained.
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