Laporte County, Indiana Property Taxes
The median property tax rate in LaPorte County is 1.00%, which is slightly higher than both the national median of 0.99% and the Indiana state median of 0.99%. With the median home value in LaPorte County at $136,400, the typical annual property tax bill reaches $1,442. Property taxes in LaPorte County are calculated based on the assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding LaPorte 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 Michigan City or another part of LaPorte County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Laporte County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$1,364
$1,266
Ownwell’s LaPorte Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in LaPorte with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in LaPorte 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 Laporte County, Indiana
Property taxes in LaPorte County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in LaPorte County is 1.00%, which is higher than the U.S. national median of 0.99%. Local government entities within LaPorte County set these rates annually, and they can vary significantly between different areas within the county. Each year, LaPorte 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 LaPorte County's effective property tax rate with other areas and the national median. For comparison, the city of Michiana Shores has one of the higher property tax rates in Indiana at 1.88%, while the city of Valparaiso boasts one of the lowest at 0.60%. Analyzing how LaPorte County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Laporte County Tax Rate
1.00%
Average Indiana Tax Rate
0.99%
Average United States Tax Rate
0.99%
Property Tax Rates Across Laporte County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Hamlet | 0.52% | 0.71% | 0.86% | 1.04% | 2.00% |
| Hanna | 0.55% | 0.75% | 0.95% | 1.08% | 2.00% |
| Kingsbury | 0.51% | 0.65% | 0.93% | 1.36% | 2.00% |
| Kingsford Heights | 0.46% | 0.80% | 0.97% | 2.00% | 2.00% |
| La Crosse | 0.73% | 0.89% | 1.00% | 1.73% | 2.00% |
| La Porte | 0.76% | 0.92% | 1.00% | 1.07% | 2.00% |
| Long Beach | 1.00% | 1.00% | 1.00% | 2.00% | 2.00% |
| Michiana Shores | 1.00% | 1.00% | 1.88% | 1.88% | 1.90% |
| Michigan City | 0.73% | 0.97% | 1.00% | 2.00% | 2.00% |
| Mill Creek | 0.65% | 0.88% | 1.03% | 1.14% | 2.00% |
| New Carlisle | 0.68% | 0.96% | 1.12% | 2.14% | 2.15% |
| North Liberty | 0.72% | 0.85% | 1.00% | 1.03% | 2.00% |
| Rolling Prairie | 0.76% | 0.93% | 1.07% | 1.23% | 2.04% |
| Trail Creek | 0.84% | 1.00% | 1.00% | 1.00% | 1.09% |
| Union Mills | 0.61% | 0.82% | 1.00% | 1.09% | 2.00% |
| Valparaiso | N/A | N/A | N/A | N/A | N/A |
| Walkerton | 0.53% | 0.70% | 1.00% | 2.00% | 2.00% |
| Wanatah | 0.63% | 0.75% | 0.94% | 1.00% | 1.51% |
| Westville | 0.76% | 0.91% | 1.00% | 1.05% | 2.00% |
Source: Ownwell
Property Tax Assessment Values Across Laporte County, Indiana
In LaPorte 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 LaPorte 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 LaPorte 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. Being aware of these valuation processes in LaPorte County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. For instance, the median home price in LaPorte County is $136,400, with tax bills ranging from $719 in Valparaiso to $6,544 in Long Beach. Understanding these details can significantly impact your financial planning and property tax management.
Average Laporte County Assessed Value
$136,400
Average Indiana Assessed Value
$170,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Laporte County, Indiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Hamlet | $56,540 | $90,750 | $119,400 | $144,700 | $175,080 |
| Hanna | $68,110 | $97,225 | $138,800 | $195,975 | $249,840 |
| Kingsbury | $28,900 | $70,775 | $98,400 | $128,650 | $148,350 |
| Kingsford Heights | $38,400 | $56,550 | $74,300 | $88,150 | $106,000 |
| La Crosse | $38,400 | $71,925 | $106,550 | $138,975 | $180,980 |
| La Porte | $68,100 | $99,700 | $145,800 | $205,800 | $272,300 |
| Long Beach | $313,800 | $363,200 | $450,900 | $601,500 | $1,025,380 |
| Michiana Shores | $200,820 | $262,900 | $332,500 | $438,675 | $579,490 |
| Michigan City | $59,110 | $82,900 | $115,600 | $171,500 | $300,000 |
| Mill Creek | $59,500 | $114,700 | $159,200 | $212,000 | $261,580 |
| New Carlisle | $33,080 | $66,900 | $116,700 | $189,200 | $271,900 |
| North Liberty | $66,200 | $107,900 | $141,500 | $163,700 | $247,800 |
| Rolling Prairie | $76,200 | $119,750 | $165,100 | $218,825 | $269,900 |
| Trail Creek | $114,650 | $136,575 | $155,800 | $173,500 | $203,850 |
| Union Mills | $68,000 | $105,700 | $155,150 | $203,775 | $259,300 |
| Valparaiso | N/A | N/A | N/A | N/A | N/A |
| Walkerton | $30,600 | $61,700 | $96,900 | $137,600 | $178,400 |
| Wanatah | $90,780 | $117,250 | $147,000 | $185,500 | $232,020 |
| Westville | $76,260 | $123,900 | $171,900 | $217,400 | $265,340 |
Source: Ownwell
Property Tax Bills Across Laporte County, Indiana
In LaPorte County, IN, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is then multiplied by the local tax rate to generate the tax bill. Factors such as property size, location, and improvements can influence the assessed value. For homeowners, this means their tax bill can vary significantly depending on these factors. The median home price in LaPorte County is $136,400, leading to a range of tax bills. For example, the tax bill at the 25th percentile is $976, while at the 75th percentile, it rises to $2,218. At the 90th percentile, homeowners might see a tax bill as high as $3,629. Comparatively, the national median property tax rate is 0.99%, making it essential for LaPorte County homeowners to understand how local assessments and rates impact their annual tax obligations. The highest median tax bill in the region is $6,544 in Long Beach, while Valparaiso has the lowest at $719, illustrating the variability within the state.
Average Laporte County Tax Bill
$1,442
Average Indiana Tax Bill
$1,691
Average United States Tax Bill
$2,690
Property Tax Bills Across Laporte County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Hamlet | $390 | $692 | $1,001 | $1,438 | $1,976 |
| Hanna | $393 | $749 | $1,348 | $2,043 | $2,723 |
| Kingsbury | $371 | $506 | $785 | $1,283 | $1,603 |
| Kingsford Heights | $320 | $500 | $722 | $1,024 | $1,454 |
| La Crosse | $428 | $777 | $1,112 | $1,443 | $1,910 |
| La Porte | $673 | $1,028 | $1,491 | $2,176 | $3,065 |
| Long Beach | $3,485 | $4,395 | $6,544 | $9,388 | $14,987 |
| Michiana Shores | $2,586 | $3,266 | $4,698 | $6,460 | $9,457 |
| Michigan City | $543 | $926 | $1,289 | $1,986 | $3,912 |
| Mill Creek | $448 | $1,047 | $1,584 | $2,383 | $3,122 |
| New Carlisle | $360 | $722 | $1,427 | $2,371 | $3,499 |
| North Liberty | $890 | $1,102 | $1,460 | $1,643 | $2,532 |
| Rolling Prairie | $742 | $1,210 | $1,833 | $2,568 | $3,367 |
| Trail Creek | $979 | $1,331 | $1,568 | $1,812 | $2,283 |
| Union Mills | $451 | $888 | $1,542 | $2,258 | $2,913 |
| Valparaiso | N/A | N/A | N/A | N/A | N/A |
| Walkerton | $293 | $518 | $976 | $1,636 | $2,356 |
| Wanatah | $618 | $983 | $1,363 | $1,872 | $2,520 |
| Westville | $746 | $1,224 | $1,764 | $2,275 | $2,932 |
Source: Ownwell