Jennings County, Indiana Property Taxes
The median property tax rate in Jennings County is 0.87%, 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 $107,300 in Jennings County, the typical annual property tax bill is approximately $904, significantly less than the national median of $2,690. Property taxes in Jennings County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Jennings 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 North Vernon or another part of Jennings County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Jennings County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.87%
Estimate Property Tax Bill
$934
$866
Ownwell’s Jennings County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Jennings County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Jennings 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 Jennings County, Indiana
Property taxes in Jennings County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Jennings County is 0.87%, which is lower than the U.S. national median of 0.99%. Local government entities within Jennings County set these rates annually, and they can vary significantly between different areas within the county. Each year, Jennings 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 Jennings County's effective property tax rate with other areas and the national median. For comparison, the city of Butlerville has one of the higher property tax rates in the region at 0.93%, while the city of Vernon boasts one of the lowest at 0.75%. Analyzing how Jennings County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Jennings County Tax Rate
0.87%
Average Indiana Tax Rate
0.99%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jennings County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Butlerville | 0.41% | 0.61% | 0.93% | 1.74% | 1.81% |
| Commiskey | 0.40% | 0.61% | 0.82% | 1.40% | 1.76% |
| Crothersville | 0.47% | 0.69% | 0.93% | 1.41% | 1.82% |
| Deputy | 0.26% | 0.45% | 0.75% | 1.58% | 1.78% |
| Dupont | 0.42% | 0.61% | 0.82% | 1.20% | 1.75% |
| Elizabethtown | 0.52% | 0.65% | 0.79% | 1.00% | 1.69% |
| Hayden | 0.23% | 0.54% | 0.84% | 1.23% | 1.74% |
| North Vernon | 0.43% | 0.65% | 0.89% | 1.62% | 1.89% |
| Osgood | N/A | N/A | N/A | N/A | N/A |
| Paris Crossing | 0.36% | 0.58% | 0.81% | 1.17% | 1.76% |
| Scipio | 0.42% | 0.63% | 0.78% | 0.95% | 1.62% |
| Seymour | 0.48% | 0.68% | 0.88% | 1.17% | 1.72% |
| Vernon | 0.35% | 0.49% | 0.75% | 1.83% | 1.98% |
| Westport | 0.50% | 0.69% | 0.88% | 1.45% | 1.84% |
Source: Ownwell
Property Tax Assessment Values Across Jennings County, Indiana
In Jennings 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 Jennings 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 Jennings 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 Jennings County, the highest median tax bill is found in Osgood at $1,569, while the lowest is in Deputy at $597. 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.
Property Tax Assessment Values Across Jennings County, Indiana
Source: Ownwell
$80,100
$118,300
$156,500
Average Jennings County Assessed Value
$107,300
Average Indiana Assessed Value
$170,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jennings County, Indiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Butlerville | $7,310 | $31,125 | $81,850 | $131,775 | $188,150 |
| Commiskey | $41,150 | $81,250 | $123,150 | $169,175 | $222,740 |
| Crothersville | $50,700 | $78,450 | $106,200 | $146,950 | $208,940 |
| Deputy | $22,640 | $49,650 | $80,100 | $122,500 | $187,500 |
| Dupont | $53,460 | $77,900 | $101,600 | $135,350 | $215,980 |
| Elizabethtown | $36,390 | $111,050 | $156,500 | $212,725 | $278,670 |
| Hayden | $61,790 | $68,075 | $90,000 | $172,425 | $217,680 |
| North Vernon | $12,500 | $43,700 | $102,100 | $157,000 | $221,320 |
| Osgood | N/A | N/A | N/A | N/A | N/A |
| Paris Crossing | $39,260 | $77,600 | $106,900 | $146,650 | $209,720 |
| Scipio | $56,660 | $103,900 | $152,600 | $206,750 | $274,540 |
| Seymour | $41,030 | $81,350 | $123,750 | $178,000 | $245,910 |
| Vernon | $45,770 | $65,400 | $85,100 | $116,650 | $142,420 |
| Westport | $50,290 | $86,200 | $132,100 | $163,200 | $232,160 |
Source: Ownwell
Property Tax Bills Across Jennings County, Indiana
In Jennings County, IN, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in the county is $107,300. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and improvements can affect the assessed value. For homeowners in Jennings County, the property tax bill can vary significantly. The 25th percentile tax bill is around $412, while the 75th percentile tax bill reaches $1,582. At the 90th percentile, homeowners might see tax bills as high as $2,459. Comparatively, the highest median tax bill within the county is found in Osgood, at $1,569, whereas Deputy has the lowest median tax bill at $597. Understanding these factors helps homeowners anticipate their annual property tax obligations and plan their finances accordingly. Given the national median property tax rate of 0.99%, Jennings County offers a range of tax bills that reflect its diverse property values and local tax rates.
Average Jennings County Tax Bill
$904
Average Indiana Tax Bill
$1,691
Average United States Tax Bill
$2,690
Property Tax Bills Across Jennings County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Butlerville | $90 | $270 | $605 | $1,208 | $2,218 |
| Commiskey | $293 | $544 | $950 | $1,660 | $2,737 |
| Crothersville | $350 | $553 | $1,089 | $1,775 | $2,460 |
| Deputy | $184 | $292 | $597 | $1,099 | $2,003 |
| Dupont | $312 | $506 | $824 | $1,614 | $2,652 |
| Elizabethtown | $365 | $714 | $1,183 | $2,017 | $2,740 |
| Hayden | $220 | $370 | $872 | $1,747 | $2,268 |
| North Vernon | $102 | $374 | $889 | $1,559 | $2,402 |
| Osgood | N/A | N/A | N/A | N/A | N/A |
| Paris Crossing | $268 | $453 | $795 | $1,361 | $2,261 |
| Scipio | $362 | $669 | $1,142 | $1,848 | $2,807 |
| Seymour | $347 | $609 | $1,021 | $1,999 | $2,711 |
| Vernon | $232 | $355 | $801 | $1,300 | $1,754 |
| Westport | $353 | $765 | $1,178 | $1,873 | $2,682 |
Source: Ownwell