ZIP Code 47940

In ZIP code 47940, near Alamo, households earn a median income of $70,711, with per-capita income at $32,662. A median home value of $152,100 pairs with an effective property tax rate of 0.65% at the county level, so annual property taxes on such a home would run roughly $989. Combined sales tax sits at 7.00%. Together, these figures sketch a place where housing costs stay within reach of local earnings, and the property tax rate takes a smaller share of home value than many parts of the country, though the sales tax applies to everyday purchases.