Brown County Property Taxes
The median property tax rate in Brown County is 0.43%, which is significantly lower than both the national median of 0.99% and the Indiana state median of 0.99%. With the median home value in Brown County at $234,800, the typical annual property tax bill is around $1,113, far below the national median of $2,690. Property taxes in Brown County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Brown County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Nashville or another part of Brown County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brown County Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$1,980
Ownwell’s Brown County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brown County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Brown County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Brown County, Indiana
Property taxes in Brown County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Brown County is 0.43%, which is lower than the U.S. national median of 0.99%. Local government entities within Brown County set these rates annually, and they can vary significantly between different areas within the county. Each year, Brown County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Brown County's effective property tax rate with other areas and the national median. For comparison, the city of Helmsburg has one of the higher property tax rates in the region at 0.97%, while the city of Bloomington boasts one of the lowest at 0.41%. Analyzing how Brown County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Brown County Tax Rate
0.43%
Average Indiana Tax Rate
0.99%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brown County, Indiana
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bloomington | 0.35% | 0.37% | 0.41% | 0.75% | 0.96% |
Columbus | 0.28% | 0.35% | 0.42% | 0.82% | 0.97% |
Freetown | 0.27% | 0.34% | 0.42% | 0.73% | 0.94% |
Helmsburg | 0.36% | 0.68% | 0.97% | 0.98% | 0.98% |
Morgantown | 0.27% | 0.33% | 0.41% | 0.89% | 0.98% |
Nashville | 0.27% | 0.34% | 0.42% | 0.92% | 0.99% |
Nineveh | 0.28% | 0.33% | 0.67% | 0.91% | 0.97% |
Norman | 0.59% | 0.66% | 0.78% | 0.90% | 0.97% |
Seymour | 0.33% | 0.38% | 0.43% | 0.86% | 0.98% |
Trafalgar | 0.27% | 0.34% | 0.42% | 0.88% | 0.99% |
Unionville | 0.29% | 0.36% | 0.93% | 0.98% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Brown County, Indiana
In Brown County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Brown County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Brown County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Nineveh has the highest median tax bill at $1,877, while Trafalgar has the lowest at $907. Being aware of these valuation processes in Brown County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Brown County Assessed Value
$234,800
Average Indiana Assessed Value
$170,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brown County, Indiana
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bloomington | $217,880 | $302,900 | $360,700 | $400,900 | $454,420 |
Columbus | $83,330 | $153,350 | $224,550 | $302,750 | $399,630 |
Freetown | $116,720 | $160,450 | $228,100 | $294,300 | $397,840 |
Helmsburg | $9,800 | $53,750 | $113,750 | $138,400 | $171,820 |
Morgantown | $77,880 | $140,300 | $206,300 | $288,750 | $362,180 |
Nashville | $90,450 | $151,525 | $218,950 | $302,775 | $403,450 |
Nineveh | $152,700 | $231,750 | $355,200 | $501,150 | $632,420 |
Norman | $97,520 | $127,550 | $177,600 | $227,650 | $257,680 |
Seymour | $151,950 | $190,225 | $246,050 | $307,775 | $349,250 |
Trafalgar | $60,870 | $127,825 | $199,850 | $276,850 | $377,630 |
Unionville | $62,350 | $132,100 | $217,700 | $325,425 | $445,150 |
Source: Ownwell
Property Tax Bills Across Brown County, Indiana
In Brown County, Indiana, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. For instance, the median home price in Brown County stands at $234,800. Homeowners in Brown County experience a range of property tax bills. The 25th percentile tax bill is $658, while the 75th percentile reaches $1,926. At the 90th percentile, homeowners may pay as much as $3,406. The highest median tax bill in the county is found in Nineveh at $1,877, whereas Trafalgar has the lowest at $907. Compared to the national median property tax rate of 0.99%, Brown County’s rates can vary significantly, impacting homeowners differently based on their property's assessed value and location within the county.
Average Brown County Tax Bill
$1,113
Average Indiana Tax Bill
$1,691
Average United States Tax Bill
$2,690
Property Tax Bills Across Brown County, Indiana
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bloomington | $717 | $1,104 | $1,428 | $2,274 | $3,608 |
Columbus | $401 | $624 | $1,045 | $1,661 | $2,370 |
Freetown | $420 | $628 | $961 | $1,480 | $2,354 |
Helmsburg | $158 | $423 | $1,009 | $1,249 | $1,516 |
Morgantown | $352 | $554 | $949 | $1,470 | $2,222 |
Nashville | $398 | $637 | $1,052 | $1,732 | $2,651 |
Nineveh | $540 | $907 | $1,877 | $3,758 | $5,331 |
Norman | $862 | $968 | $1,146 | $1,324 | $1,430 |
Seymour | $632 | $879 | $1,171 | $1,568 | $2,048 |
Trafalgar | $323 | $555 | $907 | $1,298 | $2,057 |
Unionville | $344 | $676 | $1,241 | $2,482 | $3,998 |
Source: Ownwell