Haubstadt, Gibson County, Indiana Property Taxes
Median Haubstadt, IN effective property tax rate: 0.95%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Haubstadt, IN home value: $218,350
Median annual Haubstadt, IN tax bill: $2,122, $278 lower than the national median property tax bill of $2,400.
How are property taxes in Gibson County calculated?
Property taxes in Haubstadt, IN are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Haubstadt’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Haubstadt, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Haubstadt, Gibson County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.95%
Estimate Property Tax Bill
$2,074
$1,925
Property Tax Rates Across Haubstadt, Gibson County, Indiana
Local government entities in Indiana set tax rates, which can vary widely within the state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Haubstadt in Gibson County boasts an effective property tax rate that aligns closely with the state's median. Compared to the national median property tax rate, Indiana's rates tend to be slightly lower, offering homeowners a relative advantage in terms of tax burden. This can make a significant difference for property owners when considering long-term financial planning and investment in real estate.
For potential homeowners or investors looking at properties in Haubstadt, understanding these rates is crucial. It not only impacts the affordability of owning a home but also influences decisions regarding property investments. By comparing Haubstadt’s effective property tax rate to other cities in Indiana and the broader U.S. median, individuals can make informed decisions that align with their financial goals.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Haubstadt Tax Rate
0.95%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Gibson County Tax Rate
0.95%
Median Effective Indiana Tax Rate
0.99%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Haubstadt, Gibson County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47639 | 0.67% | 0.83% | 0.95% | 1.04% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Haubstadt, Gibson County, Indiana
When examining property taxes in Haubstadt, Indiana, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Gibson County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Gibson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Haubstadt. For example, the median home price in Haubstadt is $218,350, with tax bills ranging significantly across the county. Zip code 47639 has the highest median home price at $218,350.
Property Tax Assessment Values Across Haubstadt, Gibson County, Indiana
Source: Ownwell
$6,800
$120,400
$234,000
Median Haubstadt Market Value
$218,350
Median Gibson County Market Value
$136,300
Median Indiana Market Value
$170,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Haubstadt, Gibson County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47639 | $126,750 | $164,700 | $218,350 | $307,250 | $388,550 |
Source: Ownwell
Property Tax Bills Across Haubstadt, Gibson County, Indiana
Median Haubstadt Tax Bill
$2,122
Median Gibson County Tax Bill
$1,336
Median Indiana Tax Bill
$1,691
Median United States Tax Bill
$2,400
Property Tax Bills Across Haubstadt, Gibson County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47639 | $921 | $1,507 | $2,122 | $2,989 | $3,952 |
Source: Ownwell