ZIP Code 47455

Freedom, IN — income, home value, property tax, and sales tax.

Median household income
N/A
Per-capita income
$22,538
Median home value
$172,400
Property tax rate
0.66%
Combined sales tax
7.00%

With a per-capita income of $22,538, ZIP code 47455 sits in working-class territory, well below what many Hoosier households bring in. The county-level property tax rate of 0.66% is gentle enough that owners here keep more of what their homes are worth each year. Add a 7.00% combined sales tax, though, and everyday purchases around Freedom carry a heavier share of the load. Together these figures sketch a place where wages stay tight, property costs stay tame, and consumption taxes do more of the revenue-raising work than income or real estate does.