Lafayette, IN — income, home value, property tax, and sales tax.
Homes in the 47907 ZIP code, which covers part of Lafayette, carry a county-level property tax rate of 0.62%. That rate sits well below many Indiana communities, so owners here hand over a smaller share of their property's value each year than they might elsewhere in the state. Sales tax across the ZIP runs 7.00%, applying to everyday purchases. Together these figures point to a middle-income area where housing costs stay within reach and the yearly tax draw on a home is restrained. Buyers weighing Lafayette against higher-tax locations may find the carrying costs here easier to absorb over time.