Herbst — Financial Data

323 Population FY 2023

Beta: source-backed tax context only. This is not a personalized tax-burden estimate.

Current source-backed tax context for Indiana and Herbst.

Component	Summary	Effective	Coverage	Sources
IN state individual income tax	Indiana individual adjusted gross income tax rate is 2.95% for 2026, with a scheduled 2.90% rate for 2027.	Tax year 2026 rate (DOR rates, fees, and penalties guidance).	Rate missing	Indiana DOR rates fees and penalties
IN sales tax (base)	Indiana state sales tax rate is 7%.	Current Indiana DOR sales-tax guidance (as accessed April 18, 2026).	Rate missing	Indiana DOR sales tax
IN property tax policy (local administration)	Indiana property taxes are administered and collected by local officials and fund counties, municipalities, townships, schools, libraries, and special districts.	Current Indiana DLGF guidance (as accessed April 18, 2026).	Needs review	Indiana DLGF citizen's guide to property tax

Community Profile

Census Bureau ACS 5-year estimates

17.0% Poverty Rate 2023

11.7% Bachelor's+ Rate 2023

21.9% Unemployment Rate 2023

88.4% Homeownership Rate 2023

Median Household Income

$36,325 (2022)

2010 2022

Per Capita Income

$27,612 (2023)

2010 2023

Median Home Value

$147,700 (2021)

2010 2021

Median Gross Rent

$808 (2011)

2010 2011

Median Age

37.3 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.5 (2023)

2010 2023

Financial Documents (13)

Year	Title	Type
2023	Herbst Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2022	Herbst Census ACS 5-Year Estimates 2022	US_CENSUS_ACS5
2021	Herbst Census ACS 5-Year Estimates 2021	US_CENSUS_ACS5
2019	Herbst Census ACS 5-Year Estimates 2019	US_CENSUS_ACS5
2018	Herbst Census ACS 5-Year Estimates 2018	US_CENSUS_ACS5

Governance & Structure

Governance Structure

School Details

Not applicable for this entity type.