Jackson County Property Taxes
The median property tax rate in Jackson County is 0.74%, which is lower than both the national median of 0.99% and the Indiana state median of 0.99%. With a median home value of $134,600 in Jackson County, the typical annual property tax bill amounts to $1,065, significantly below the national median of $2,690. Property taxes in Jackson County are calculated based on the assessed value, which often falls below the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Jackson County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you reside in Seymour or another part of Jackson County, gaining comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Jackson County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.74%
Estimate Property Tax Bill
$996
-$10,438
Ownwell’s Jackson County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Jackson County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Jackson 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 Jackson County, Indiana
Property taxes in Jackson County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Jackson County is 0.74%, which is lower than the U.S. national median of 0.99%. Local government entities within Jackson County set these rates annually, and they can vary significantly between different areas within the county. Each year, Jackson 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 Jackson County's effective property tax rate with other counties in Indiana and the national median. For comparison, the city of Medora has one of the higher property tax rates in Indiana at 0.80%, while the city of Crothersville boasts one of the lowest at 0.58%. Analyzing how Jackson County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Jackson County Tax Rate
0.74%
Average Indiana Tax Rate
0.99%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jackson County, Indiana
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Austin | 0.33% | 0.48% | 0.66% | 0.90% | 1.56% |
Brownstown | 0.42% | 0.61% | 0.76% | 1.06% | 1.70% |
Columbus | 0.41% | 0.51% | 0.59% | 0.61% | 0.63% |
Cortland | 0.32% | 0.49% | 0.62% | 1.49% | 1.51% |
Crothersville | 0.30% | 0.43% | 0.58% | 0.96% | 1.72% |
Freetown | 0.32% | 0.46% | 0.70% | 1.62% | 1.73% |
Medora | 0.34% | 0.54% | 0.80% | 1.69% | 2.06% |
Norman | 0.37% | 0.54% | 0.73% | 1.63% | 1.71% |
Seymour | 0.42% | 0.57% | 0.76% | 0.97% | 1.83% |
Vallonia | 0.35% | 0.54% | 0.73% | 1.09% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Jackson County, Indiana
In Jackson 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 Jackson 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 Jackson 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. Brownstown has the highest median tax bill at $1,197, while Medora has the lowest at $568. Being aware of these valuation processes in Jackson County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Jackson County Assessed Value
$134,600
Average Indiana Assessed Value
$170,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jackson County, Indiana
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Austin | $38,600 | $74,500 | $118,800 | $171,300 | $216,600 |
Brownstown | $53,060 | $101,300 | $146,600 | $205,100 | $296,360 |
Columbus | $120,870 | $170,775 | $199,600 | $202,650 | $206,160 |
Cortland | $48,320 | $60,200 | $86,800 | $107,000 | $127,380 |
Crothersville | $40,860 | $76,000 | $107,500 | $146,600 | $188,100 |
Freetown | $27,820 | $55,600 | $87,300 | $143,000 | $198,960 |
Medora | $17,000 | $43,500 | $69,200 | $113,175 | $166,030 |
Norman | $20,610 | $50,150 | $95,900 | $151,375 | $214,720 |
Seymour | $72,000 | $103,900 | $146,400 | $199,200 | $266,800 |
Vallonia | $39,820 | $75,800 | $132,500 | $193,100 | $242,540 |
Source: Ownwell
Property Tax Bills Across Jackson County, Indiana
In Jackson County, IN, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local tax assessors who evaluate the property's market value and apply a standardized assessment rate. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Several factors influence the tax bill, including the property's location, size, and any applicable exemptions. For example, homeowners in Brownstown face the highest median tax bill at $1,197, while those in Medora enjoy the lowest at $568. The national median property tax rate is 0.99%, making Jackson County's tax rates competitive in comparison. For homeowners, these tax bills can significantly impact annual expenses. At the 25th percentile, the tax bill is $579, while at the 75th percentile, it rises to $1,703, and at the 90th percentile, it reaches $2,452. Understanding how these factors come together helps homeowners plan their finances and anticipate their property tax obligations.
Average Jackson County Tax Bill
$1,065
Average Indiana Tax Bill
$1,691
Average United States Tax Bill
$2,690
Property Tax Bills Across Jackson County, Indiana
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Austin | $218 | $344 | $807 | $1,219 | $2,143 |
Brownstown | $316 | $640 | $1,197 | $1,924 | $2,956 |
Columbus | $569 | $968 | $1,196 | $1,221 | $1,255 |
Cortland | $173 | $460 | $569 | $924 | $1,421 |
Crothersville | $180 | $360 | $650 | $1,179 | $1,792 |
Freetown | $162 | $310 | $668 | $1,270 | $1,989 |
Medora | $147 | $294 | $568 | $1,083 | $1,892 |
Norman | $197 | $328 | $709 | $1,268 | $2,161 |
Seymour | $364 | $708 | $1,184 | $1,787 | $2,473 |
Vallonia | $206 | $431 | $1,001 | $1,563 | $2,546 |
Source: Ownwell
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