ZIP Code 47585

In ZIP code 47585, near Petersburg, homes carry a median value of $237,500, and the county-level effective property tax rate of 0.78% works out to roughly $1,853 a year on such a home. With median household income at $88,141 and per-capita income at $42,394, that tax bill takes up a smaller share of earnings than in many places. A 7.00% combined sales tax applies to purchases. Home values here sit well above what the median income alone might imply, so buyers should weigh both the price and the ongoing tax alongside their earnings.