Greene County Property Taxes
The median property tax rate in Greene County is 1.04%, which is slightly higher than both the national median of 0.99% and the Indiana state median of 0.99%. With the median home value in Greene County, the typical annual property tax bill is $788, significantly lower than the national median of $2,690. Property taxes in Greene 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 Greene 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 Bloomfield or another part of Greene County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Greene County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$861
Ownwell’s Greene County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Greene County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Greene County to estimate your property tax bill. This insightful tool 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 Greene County, Indiana
Property taxes in Greene County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Greene County is 1.04%, which is higher than the U.S. national median of 0.99%. Local government entities within Greene County set these rates annually, and they can vary significantly between different areas within the county. Each year, Greene 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 Greene County's effective property tax rate with other regions and the national median. For comparison, the city of Koleen has one of the higher property tax rates in Indiana at 2.96%, while the city of Carlisle boasts one of the lowest at 0.78%. Analyzing how Greene County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Greene County Tax Rate
1.04%
Average Indiana Tax Rate
0.99%
Average United States Tax Rate
0.99%
Property Tax Rates Across Greene County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bloomfield | 0.39% | 0.69% | 0.96% | 1.37% | 2.08% |
| Bloomington | 0.60% | 0.78% | 1.02% | 1.50% | 2.44% |
| Carlisle | 0.78% | 0.78% | 0.78% | 0.78% | 0.78% |
| Dugger | 0.41% | 0.93% | 1.09% | 1.24% | 1.40% |
| Elnora | 0.73% | 1.11% | 1.36% | 1.69% | 1.82% |
| Jasonville | N/A | N/A | N/A | N/A | N/A |
| Koleen | 0.54% | 0.64% | 2.96% | 2.96% | 3.48% |
| Linton | 0.21% | 0.84% | 1.06% | 1.99% | 2.59% |
| Lyons | 0.18% | 0.71% | 1.07% | 1.94% | 3.03% |
| Midland | N/A | N/A | N/A | N/A | N/A |
| Newberry | 0.20% | 0.64% | 0.98% | 1.89% | 2.90% |
| Owensburg | 0.21% | 0.68% | 1.04% | 1.59% | 2.59% |
| Sandborn | 0.41% | 0.58% | 0.82% | 0.98% | 1.72% |
| Scotland | 0.33% | 0.57% | 2.08% | 2.14% | 2.51% |
| Solsberry | 0.59% | 0.87% | 1.06% | 1.39% | 2.14% |
| Spencer | 0.42% | 0.73% | 1.03% | 1.26% | 1.69% |
| Springville | 0.42% | 0.80% | 1.03% | 1.37% | 2.17% |
| Switz City | 0.21% | 0.60% | 0.86% | 1.59% | 2.12% |
| Worthington | 0.19% | 0.69% | 0.97% | 1.75% | 2.28% |
Source: Ownwell
Property Tax Assessment Values Across Greene County, Indiana
In Greene 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 Greene 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 Greene 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. In Greene County, the highest median tax bill is found in Dugger at $1,409, while the lowest is in Koleen at $257. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Greene County Assessed Value
$82,800
Average Indiana Assessed Value
$170,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Greene County, Indiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bloomfield | $31,560 | $65,800 | $99,600 | $144,400 | $208,900 |
| Bloomington | $19,900 | $36,200 | $89,400 | $133,000 | $181,320 |
| Carlisle | $110,500 | $110,500 | $110,500 | $110,500 | $110,500 |
| Dugger | $69,220 | $94,350 | $133,650 | $195,250 | $225,190 |
| Elnora | $51,740 | $86,700 | $97,600 | $120,600 | $270,260 |
| Jasonville | N/A | N/A | N/A | N/A | N/A |
| Koleen | $7,080 | $8,700 | $15,700 | $19,000 | $46,720 |
| Linton | $17,900 | $41,250 | $73,000 | $118,200 | $178,000 |
| Lyons | $7,440 | $25,400 | $54,950 | $93,900 | $152,590 |
| Midland | N/A | N/A | N/A | N/A | N/A |
| Newberry | $8,620 | $38,450 | $70,050 | $101,650 | $145,390 |
| Owensburg | $15,590 | $45,725 | $87,300 | $137,175 | $193,320 |
| Sandborn | $52,900 | $82,000 | $126,700 | $159,400 | $232,080 |
| Scotland | $5,120 | $18,700 | $35,450 | $45,075 | $54,190 |
| Solsberry | $29,040 | $78,825 | $113,350 | $161,500 | $218,230 |
| Spencer | $51,150 | $75,150 | $120,400 | $152,000 | $210,080 |
| Springville | $25,970 | $69,775 | $105,150 | $161,700 | $227,300 |
| Switz City | $25,180 | $45,100 | $84,300 | $133,400 | $208,700 |
| Worthington | $19,400 | $43,000 | $69,300 | $114,250 | $190,300 |
Source: Ownwell
Property Tax Bills Across Greene County, Indiana
In Greene County, IN, property tax bills are calculated based on the assessed value of a homeowner's property. The local government assesses properties annually to determine their market value. This assessed value is then multiplied by the local tax rate to calculate the property tax bill. Various factors influence this calculation, including property size, location, and any improvements made to the property. For homeowners in Greene County, the tax bill can vary significantly. The 25th percentile tax bill is around $382, while the 75th percentile tax bill is $1,458. The 90th percentile tax bill can go up to $2,294. The highest median tax bill in the county is found in Dugger at $1,409, whereas the lowest is in Koleen at $257. These variations can impact homeowners' budgets differently, making it crucial to understand how these taxes are determined and managed. Compared to the national median property tax rate of 0.99%, Greene County offers a range of tax bills that can be either lower or higher, depending on specific property assessments.
Average Greene County Tax Bill
$788
Average Indiana Tax Bill
$1,691
Average United States Tax Bill
$2,690
Property Tax Bills Across Greene County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bloomfield | $188 | $454 | $928 | $1,632 | $2,480 |
| Bloomington | $147 | $468 | $850 | $1,403 | $2,242 |
| Carlisle | $860 | $860 | $860 | $860 | $860 |
| Dugger | $294 | $1,034 | $1,409 | $2,237 | $2,938 |
| Elnora | $443 | $724 | $1,090 | $2,032 | $3,963 |
| Jasonville | N/A | N/A | N/A | N/A | N/A |
| Koleen | $115 | $178 | $257 | $416 | $603 |
| Linton | $89 | $381 | $779 | $1,373 | $2,124 |
| Lyons | $29 | $226 | $526 | $1,057 | $1,965 |
| Midland | N/A | N/A | N/A | N/A | N/A |
| Newberry | $61 | $271 | $573 | $989 | $1,747 |
| Owensburg | $109 | $368 | $712 | $1,524 | $2,145 |
| Sandborn | $351 | $462 | $921 | $1,544 | $2,577 |
| Scotland | $48 | $150 | $265 | $622 | $1,146 |
| Solsberry | $261 | $658 | $1,250 | $1,972 | $2,733 |
| Spencer | $389 | $570 | $1,227 | $1,719 | $2,517 |
| Springville | $203 | $530 | $1,047 | $1,870 | $2,550 |
| Switz City | $107 | $268 | $736 | $1,403 | $2,600 |
| Worthington | $80 | $347 | $656 | $1,255 | $2,178 |
Source: Ownwell