ZIP Code 47965

In ZIP code 47965, near Alamo, homes carry a median value of $148,200 while the county-level effective property tax rate sits at 0.65%. That combination yields a yearly property tax bill of roughly $963. With median household income at $76,607, that tax equals about 1.3% of annual earnings — a light load by most standards. Per-capita income reaches $40,188. A 7.00% combined sales tax applies to purchases in the area. Buyers here can generally absorb ownership costs without straining their budgets, since home prices and tax rates both stay well below what the income figures could support.