Alamo, IN — income, home value, property tax, and sales tax.
Alamo-area ZIP code 47955 sits in middle-income territory, with a median household income of $71,591 and per-capita income of $37,059. Home values center on $150,000, and the county-level effective property tax rate of 0.65% keeps annual tax bills on that median home near $975. A combined sales tax rate of 7.00% applies to purchases in the area. Together, these figures describe a community where earnings land above entry level but well short of affluent, and where property taxes take a smaller share of income than the sales tax residents pay on everyday goods.
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