Alamo, IN — income, home value, property tax, and sales tax.
In ZIP code 47916, near Alamo, households earn an average of $17,611 per person. County property taxes run at an effective rate of 0.65%, so a home's assessed value is taxed at well under one percent each year. Sales taxes add up to 7.00% on purchases. Together, these two rates shape what a household keeps versus what goes to state and local coffers. With income at this level, everyday spending and any property tax bill both draw from a tight pool of earnings, making the combined weight of housing costs and consumption taxes a real factor in how far each dollar stretches.
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