What is the property tax rate in New Albany, IN?

New Albany has an estimated effective property tax rate of 0.78%. On a median home valued at $169,600, homeowners pay approximately $1,321 per year in property taxes.

How does New Albany compare to Floyd County?

New Albany's effective rate of 0.78% is 13% higher than the Floyd County average of 0.69%. The county-wide median annual tax is $1,736, while New Albany homeowners pay an estimated $1,321.

How much are property taxes in New Albany on a $300,000 home?

Based on New Albany's effective rate of 0.78%, property taxes on a $300,000 home would be approximately $2,340 per year, or about $195 per month.

New Albany Property Tax Rate

Floyd County, Indiana

0.78%effective rate

New Albany is located in Floyd County, Indiana. Homeowners in New Albany pay a median of $1,321 per year in property taxes on a home valued at $169,600, resulting in an effective tax rate of 0.78%. This is 13% higher than the Floyd County average of 0.69%.

Effective Tax Rate🏠

0.78%

vs 0.69% county avg

Est. Annual Tax💰

$1,321

Per year

Median Home Value📊

$169,600

2024 estimate

Population📍

37,589

New Albany, IN

How New Albany Compares

New Albany

0.78%

Floyd County Average

0.69%

Indiana Average

0.74%

National Average

0.92%

About Property Taxes in New Albany

Property taxes in New Albany are collected by Floyd County. Tax exemptions available to Floyd County residents — including homestead, senior, and disability exemptions — also apply to homeowners in New Albany. For detailed information on available exemptions and the county tax collector, see the Floyd County property tax page.

Property Tax Calculator

Estimate your annual property tax in New Albany

Home Value

$50k$2M

Apply homestead exemption ($100,000 school tax reduction)

Estimated Annual Property Tax

$2,340

$195/month · Rate: 0.78%

Floyd County Property Taxes

County-level data, exemptions, historical trends, and tax collector info.

View county details →

Indiana Property Taxes

Statewide rates, all 92 counties, and exemptions.

View state details →

Think your property tax is too high?

Homeowners save an average of $1,148/year by appealing their assessment.

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Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. City-level tax data is derived from Census place-level statistics. Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.