ZIP Code 47581

In ZIP code 47581, near Crane, homes carry a median value of $139,600 while the county-level effective property tax rate sits at 0.54%, yielding an annual tax bill of roughly $754. With median household income at $59,776 and per-capita income at $33,287, that levy equals about 1.3% of a typical household's yearly earnings. Combined with a 7.00% sales tax on purchases, housing costs here stay tied closely to what people actually earn, keeping ownership within reach across a broad swath of the local workforce.