Property tax in Indiana: 0.74%
The median Indiana homeowner pays $1,614 a year on a home worth $218,200, an effective rate of 0.74%. That ranks 30th of 51, between Kentucky (0.75%) and Virginia (0.73%). At the median state's 0.8% the same $218,200 home would owe $131 more a year.
In dollars, Indiana has the 11th-lowest median home value and the 10th-smallest median bill of the 51. By home value it sits between Missouri ($230,300, taxed at 0.85%) and Kansas ($217,200, 1.29%).
| Rank | State | Effective rate | Median bill | Median home value |
|---|---|---|---|---|
| 28 | Florida | 0.76% | $2,730 | $359,000 |
| 29 | Kentucky | 0.75% | $1,544 | $205,600 |
| 30 | Indiana | 0.74% | $1,614 | $218,200 |
| 31 | Virginia | 0.73% | $2,790 | $383,700 |
| 32 | Montana | 0.72% | $2,693 | $375,800 |
Indiana property tax by home price
Statewide rate, before any homestead exemption.
| Home value | Per year | Per month | vs. median state (0.8%) |
|---|---|---|---|
| $110,000 (half the median) | $814 | $68 | −$66 |
| $218,200 (median) | $1,615 | $135 | −$131 |
| $325,000 (1.5× the median) | $2,405 | $200 | −$195 |
| $435,000 (twice the median) | $3,219 | $268 | −$261 |
Property tax by county in Indiana
Marion County (Indianapolis), the largest Indiana county, has an effective rate of 0.93% — above the statewide 0.74%.
| County | Main cities | Population | Effective rate | Median home value | Median tax |
|---|---|---|---|---|---|
| Marion County | Indianapolis | 971,822 | 0.93% | $207,000 | $1,923 |
| Lake County | Gary, Hammond | 498,990 | 0.93% | $214,700 | $1,987 |