ZIP Code 71862

In ZIP code 71862, near Hope, households bring in a median of $52,982 a year, while per-capita income sits at $18,494. With homes valued at a median of $55,900, property taxes run about 0.57% at the county level, a fairly small annual expense. Sales taxes, though, add up to 9.50% on purchases, which takes a noticeable bite out of everyday spending. That combination means housing costs stay low, but each shopping trip costs more. Budgets here stretch further on shelter and less on goods, so careful spending on taxable items matters more than the mortgage or tax bill.