Kosciusko County Property Taxes
The median property tax rate in Kosciusko County is 0.79%, which is lower than both the national median of 0.99% and the Indiana state median of 0.99%. With the median home value in Kosciusko County at $191,600, the typical annual property tax bill amounts to $1,442, significantly below the national median of $2,690. Property taxes in Kosciusko County are calculated based on the tax assessed value, which is often less than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Kosciusko County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you live in Warsaw or another part of Kosciusko County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kosciusko County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.79%
Estimate Property Tax Bill
$1,514
Ownwell’s Kosciusko County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Kosciusko County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Kosciusko 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 Kosciusko County, Indiana
Property taxes in Kosciusko County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Kosciusko County is 0.79%, which is lower than the U.S. national median of 0.99%. Local government entities within Kosciusko County set these rates annually, and they can vary significantly between different areas within the county. Each year, Kosciusko 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 Kosciusko County's effective property tax rate with other counties and the national median. For comparison, the city of Rochester has one of the higher property tax rates in Indiana at 1.19%, while the city of Atwood boasts one of the lowest at 0.50%. Analyzing how Kosciusko County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Kosciusko County Tax Rate
0.79%
Average Indiana Tax Rate
0.99%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kosciusko County, Indiana
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Akron | 0.50% | 0.61% | 0.76% | 1.13% | 1.25% |
Atwood | 0.29% | 0.37% | 0.50% | 1.20% | 1.38% |
Bourbon | 0.48% | 0.61% | 0.67% | 0.84% | 1.18% |
Bremen | 0.57% | 0.63% | 0.68% | 0.94% | 1.13% |
Burket | 0.26% | 0.42% | 0.54% | 1.31% | 1.74% |
Claypool | 0.38% | 0.54% | 0.73% | 1.13% | 1.25% |
Cromwell | 0.28% | 0.37% | 0.56% | 0.81% | 0.88% |
Etna Green | 0.46% | 0.56% | 0.69% | 0.91% | 1.26% |
Larwill | 0.55% | 0.55% | 0.55% | 0.55% | 0.55% |
Leesburg | 0.43% | 0.52% | 0.70% | 0.95% | 1.08% |
Mentone | 0.42% | 0.58% | 0.78% | 1.16% | 1.86% |
Milford | 0.34% | 0.42% | 0.55% | 0.78% | 1.19% |
Nappanee | 0.56% | 0.64% | 0.77% | 0.93% | 1.16% |
North Manchester | 0.54% | 0.64% | 0.72% | 0.85% | 1.26% |
North Webster | 0.37% | 0.48% | 0.77% | 0.93% | 1.32% |
Pierceton | 0.46% | 0.61% | 1.01% | 1.29% | 1.33% |
Rochester | 0.84% | 0.97% | 1.19% | 1.21% | 1.21% |
Sidney | 0.39% | 0.48% | 0.85% | 1.71% | 2.78% |
Silver Lake | 0.37% | 0.59% | 0.83% | 1.24% | 1.90% |
South Whitley | 0.53% | 0.65% | 0.74% | 0.93% | 1.26% |
Syracuse | 0.39% | 0.47% | 0.77% | 0.82% | 1.17% |
Warsaw | 0.47% | 0.61% | 0.82% | 0.99% | 1.42% |
Winona Lake | 0.66% | 0.80% | 0.91% | 1.33% | 1.68% |
Source: Ownwell
Property Tax Assessment Values Across Kosciusko County, Indiana
In Kosciusko 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 Kosciusko 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 Kosciusko 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. For instance, Rochester has the highest median tax bill at $3,788, while Burket has the lowest at $445. Being aware of these valuation processes in Kosciusko County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Kosciusko County, Indiana
Source: Ownwell
$76,200
$210,000
$343,800
Average Kosciusko County Assessed Value
$191,600
Average Indiana Assessed Value
$170,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kosciusko County, Indiana
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Akron | $49,490 | $101,300 | $169,450 | $255,125 | $356,220 |
Atwood | $56,000 | $89,500 | $104,900 | $127,800 | $167,800 |
Bourbon | $141,510 | $164,175 | $254,300 | $372,300 | $520,730 |
Bremen | $248,560 | $306,025 | $343,800 | $519,475 | $740,650 |
Burket | $29,700 | $58,600 | $76,200 | $92,600 | $123,400 |
Claypool | $35,520 | $84,000 | $149,800 | $229,500 | $327,880 |
Cromwell | $19,360 | $37,225 | $142,600 | $238,850 | $361,030 |
Etna Green | $77,780 | $124,225 | $195,750 | $289,200 | $443,420 |
Larwill | $138,300 | $138,300 | $138,300 | $138,300 | $138,300 |
Leesburg | $77,910 | $144,875 | $248,700 | $415,150 | $677,850 |
Mentone | $30,620 | $79,600 | $126,200 | $191,000 | $285,260 |
Milford | $97,300 | $134,350 | $191,600 | $283,950 | $389,400 |
Nappanee | $160,020 | $221,300 | $306,200 | $420,950 | $555,100 |
North Manchester | $109,300 | $157,425 | $208,500 | $283,225 | $357,530 |
North Webster | $68,620 | $121,600 | $185,700 | $292,150 | $412,840 |
Pierceton | $13,700 | $18,200 | $96,100 | $195,800 | $314,700 |
Rochester | $221,200 | $254,650 | $310,400 | $395,100 | $445,920 |
Sidney | $12,200 | $55,000 | $78,800 | $101,700 | $124,840 |
Silver Lake | $31,760 | $70,250 | $119,100 | $189,500 | $293,980 |
South Whitley | $53,940 | $130,675 | $200,500 | $279,950 | $366,580 |
Syracuse | $63,140 | $123,400 | $240,750 | $470,175 | $1,054,720 |
Warsaw | $92,200 | $136,000 | $198,300 | $283,550 | $397,400 |
Winona Lake | $113,810 | $161,150 | $225,500 | $324,350 | $480,490 |
Source: Ownwell
Property Tax Bills Across Kosciusko County, Indiana
In Kosciusko County, IN, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This value is intended to reflect the market value of the property. Various factors such as the size of the property, location, and any improvements made can influence this assessed value. Homeowners in Kosciusko County experience a range of property tax bills. For instance, the 25th percentile tax bill is $745, while the 75th percentile reaches $2,437, and the 90th percentile can be as high as $3,992. These figures indicate the variability in tax burdens depending on property value and other factors. Comparatively, Kosciusko County's median home price is $191,600, which influences the overall tax liability. The highest median tax bill in the county is $3,788 in Rochester, whereas the lowest is $445 in Burket. Understanding these elements helps homeowners anticipate their property tax responsibilities and manage their finances accordingly.
Average Kosciusko County Tax Bill
$1,442
Average Indiana Tax Bill
$1,691
Average United States Tax Bill
$2,690
Property Tax Bills Across Kosciusko County, Indiana
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Akron | $358 | $747 | $1,263 | $2,040 | $2,957 |
Atwood | $198 | $319 | $498 | $1,251 | $1,650 |
Bourbon | $875 | $1,304 | $1,843 | $2,977 | $3,698 |
Bremen | $1,603 | $1,964 | $3,066 | $4,597 | $6,003 |
Burket | $112 | $265 | $445 | $725 | $1,292 |
Claypool | $220 | $495 | $1,099 | $1,800 | $2,728 |
Cromwell | $115 | $246 | $646 | $1,262 | $2,275 |
Etna Green | $423 | $793 | $1,371 | $2,349 | $3,631 |
Larwill | $756 | $756 | $756 | $756 | $756 |
Leesburg | $474 | $900 | $1,695 | $3,150 | $5,531 |
Mentone | $247 | $496 | $1,049 | $1,693 | $2,572 |
Milford | $421 | $725 | $1,154 | $1,727 | $2,545 |
Nappanee | $1,047 | $1,560 | $2,308 | $3,487 | $4,954 |
North Manchester | $698 | $1,004 | $1,490 | $2,080 | $3,216 |
North Webster | $348 | $652 | $1,233 | $2,197 | $3,496 |
Pierceton | $163 | $220 | $546 | $1,389 | $2,378 |
Rochester | $1,955 | $2,643 | $3,788 | $4,748 | $5,324 |
Sidney | $117 | $307 | $591 | $1,107 | $1,824 |
Silver Lake | $231 | $513 | $998 | $1,722 | $2,599 |
South Whitley | $496 | $893 | $1,393 | $2,295 | $3,081 |
Syracuse | $386 | $764 | $1,498 | $3,336 | $8,179 |
Warsaw | $550 | $983 | $1,663 | $2,474 | $3,526 |
Winona Lake | $841 | $1,496 | $2,250 | $3,422 | $5,023 |
Source: Ownwell