What is the property tax rate in Bloomington, IN?

Bloomington has an estimated effective property tax rate of 0.82%. On a median home valued at $289,700, homeowners pay approximately $2,370 per year in property taxes.

How does Bloomington compare to Monroe County?

Bloomington's effective rate of 0.82% is 15% higher than the Monroe County average of 0.71%. The county-wide median annual tax is $2,036, while Bloomington homeowners pay an estimated $2,370.

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

Based on Bloomington's effective rate of 0.82%, property taxes on a $300,000 home would be approximately $2,460 per year, or about $205 per month.

Bloomington Property Tax Rate

Monroe County, Indiana

0.82%effective rate

Bloomington is located in Monroe County, Indiana. Homeowners in Bloomington pay a median of $2,370 per year in property taxes on a home valued at $289,700, resulting in an effective tax rate of 0.82%. This is 15% higher than the Monroe County average of 0.71%.

Effective Tax Rate🏠

0.82%

vs 0.71% county avg

Est. Annual Tax💰

$2,370

Per year

Median Home Value📊

$289,700

2024 estimate

Population📍

78,791

Bloomington, IN

How Bloomington Compares

Bloomington

0.82%

Monroe County Average

0.71%

Indiana Average

0.74%

National Average

0.92%

About Property Taxes in Bloomington

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

Property Tax Calculator

Estimate your annual property tax in Bloomington

Home Value

$50k$2M

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

Estimated Annual Property Tax

$2,460

$205/month · Rate: 0.82%

Monroe 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.