What is the property tax rate in Indiana?

Indiana has an effective property tax rate of 0.74%, ranking it #31 out of 50 states. The median homeowner pays $1,496 per year.

How are property taxes calculated in Indiana?

Property taxes in Indiana are calculated by multiplying the assessed value of your property by the local tax rate (millage rate). The effective rate shown here (0.74%) represents the median taxes paid as a percentage of median home value across the state.

Which county in Indiana has the lowest property taxes?

Among Indiana's 92 counties, Whitley County has one of the lowest effective property tax rates.

Does Indiana have a homestead exemption?

Yes, Indiana offers several property tax exemptions including: General Homestead, Over 65, Disabled Veteran, Tax Cap. See the exemptions section above for details.

Indiana Property Tax Rate

2023 Data · 92 Counties

0.74%effective rate

Indiana has an effective property tax rate of 0.74%, ranking it #31 among all 50 states. The median homeowner in Indiana pays $1,496 per year in property taxes on a home valued at $201,600. This rate is 22% lower than the national average of 0.95%.

Effective Tax Rate📊

0.74%

#31 of 50 states

Median Tax Paid🏠

$1,496

Per year

Median Home Value💰

$201,600

2023 estimate

Total Counties📍

Population: 6,811,752

Property Tax Rates by County in Indiana

Rank ▲	County	Effective Rate	Median Tax	Median Value
#1	Lake County	0.93%	$1,987	$214,700
#2	Marion County	0.93%	$1,923	$207,000
#3	Vigo County	0.89%	$1,256	$140,400
#4	Hamilton County	0.88%	$3,340	$379,100
#5	St. Joseph County	0.87%	$1,559	$179,800
#6	Wayne County	0.87%	$1,101	$126,100
#7	Hendricks County	0.83%	$2,344	$281,500
#8	Newton County	0.83%	$1,316	$159,300
#9	Porter County	0.83%	$2,172	$261,900
#10	Randolph County	0.83%	$881	$106,000
#11	Elkhart County	0.82%	$1,592	$194,400
#12	Vanderburgh County	0.82%	$1,420	$172,300
#13	Blackford County	0.81%	$779	$96,700
#14	Pike County	0.81%	$1,044	$128,400
#15	Allen County	0.80%	$1,559	$194,300
#16	Boone County	0.80%	$2,725	$341,800
#17	LaPorte County	0.79%	$1,435	$180,700
#18	Delaware County	0.78%	$997	$127,600
#19	Benton County	0.76%	$1,024	$135,400
#20	Dearborn County	0.76%	$1,726	$227,100

How Indiana Compares

Indiana

0.74%

National Average

0.95%

Neighboring States

Calculate Your Property Tax in Indiana

Property Tax Calculator

Estimate your annual property tax based on your location and home value

State

County

Home Value

$50k$2M

Apply homestead exemption ($100,000 reduction)

Estimated Annual Property Tax

$2,220

$185/month · Rate: 0.74%

Home Value

$300,000

Taxable Value

$300,000

Effective Rate

0.74%

Indiana Property Tax Exemptions

✓

General Homestead

Standard: lesser of 60% of assessed value or $48,000; Supplemental: 35% of remaining value up to $600,000 and 25% above $600,000

Primary residence owners; Indiana resident

✓

Over 65

Lesser of 50% of assessed value or $14,000

Homeowners age 65+ with assessed value under $240,000 and income under $40,000

✓

Disabled Veteran

Up to $37,440 deduction; 100% disabled veterans may qualify for full exemption

Veterans with service-connected disability of 10% or more

✓

Tax Cap

1% for homesteads, 2% for other residential, 3% for commercial/industrial

Applies automatically to all properties

Nearby States

Illinois

2.07%

Kentucky

0.77%

Michigan

1.28%

Ohio

1.36%

Frequently Asked Questions

Data Source: U.S. Census Bureau, 2023 American Community Survey 5-Year Estimates. Effective tax rates are calculated by dividing median real estate taxes paid by median home value.