Birdseye, Indiana Property Taxes
The median property tax rate in Birdseye, IN is 2.06%, significantly higher than both the national median of 0.99% and the Indiana state median of 0.99%. With a median home value of $18,000 in Birdseye, the typical annual property tax bill amounts to $411, which is below the national median of $2,690. Property taxes in Birdseye are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Birdseye's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Birdseye or another part of Crawford County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Birdseye, Indiana 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 Birdseye Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Birdseye with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Birdseye to provide an estimate of your property tax bill. This valuable tool helps you grasp potential tax liabilities effortlessly. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is determined by Crawford County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Birdseye, Indiana
Property taxes in Birdseye, Indiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Birdseye is 2.06%, significantly higher than both the Indiana state median and the U.S. national median of 0.99%. Local government entities within Birdseye set these rates annually, and they can vary significantly across different neighborhoods. Each year, Birdseye estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Birdseye's effective property tax rate to other areas in Indiana and the national median. For comparison, the zip code 47513 has the highest median property tax rate of 2.06%, while the same zip code also has the lowest median tax rate of 2.06%. Understanding how these areas compare with Birdseye provides valuable insights into the varying tax landscape across Crawford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Birdseye Tax Rate
2.06%
Average Crawford County Tax Rate
1.24%
Average Indiana Tax Rate
0.99%
Average United States Tax Rate
0.99%
Property Tax Rates Across Birdseye, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47513 | 0.92% | 1.95% | 2.06% | 2.62% | 3.03% |
Source: Ownwell
Property Tax Assessment Values Across Birdseye, Indiana
In Birdseye, Indiana, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Crawford County Assessor for tax purposes. In contrast, the assessed value 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. In Birdseye, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Birdseye helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $411, found in the 47513 zip code, which also has the lowest median tax bill at $411.
Average Birdseye Assessed Value
$18,000
Average Crawford County Assessed Value
$66,100
Average Indiana Assessed Value
$170,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Birdseye, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47513 | $2,500 | $7,950 | $18,000 | $46,950 | $167,600 |
Source: Ownwell
Property Tax Bills Across Birdseye, Indiana
In Birdseye, located in Crawford County, IN, property tax bills are calculated based on the assessed value of a home. The local government assesses the value of each property, which is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $18,000, homeowners can expect varying tax bills depending on their property's assessed value and applicable exemptions. Several factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. Homeowners in Birdseye may see tax bills ranging from the 25th percentile at $214 to the 75th percentile at $876, with the 90th percentile reaching up to $2,132. These property taxes fund essential services such as schools, infrastructure, and emergency services, directly impacting the quality of life in the community. Compared to the national median property tax rate of 0.99%, Birdseye's tax rates provide a framework for maintaining local services while reflecting the area's property values.
Average Birdseye Tax Bill
$411
Average Crawford County Tax Bill
$769
Average Indiana Tax Bill
$1,691
Average United States Tax Bill
$2,690
Property Tax Bills Across Birdseye, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47513 | $118 | $214 | $411 | $876 | $2,132 |
Source: Ownwell