ZIP Code 47901

In ZIP code 47901, near Lafayette, homes carry a median value of $256,500 while the county's effective property tax rate sits at 0.62%, yielding an annual bill of roughly $1,590. With median household income at $47,206, that tax equals about 3.4% of yearly earnings. Per-capita income reaches $34,970, and the combined sales tax rate is 7.00%. The gap between home values and earnings shapes buying power here, and property taxes take a meaningful bite out of paychecks even though the rate itself stays below one percent.