Lafayette, IN — income, home value, property tax, and sales tax.
In ZIP code 47924, which takes in part of the Lafayette area, households earn an average of $37,627 per person. County property taxes run at an effective rate of 0.62%, so a home's assessed value is taxed at just over half a cent per dollar each year. Shoppers pay a combined 7.00% sales tax on purchases. Together, these figures sketch the financial shape of the area: a mid-range income level paired with a property tax that stays below one percent and a sales tax near seven cents on the dollar.