Paoli, Orange County, Indiana Property Taxes

Name: Property Tax Bills Across Paoli, Orange County, Indiana
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Paoli, Indiana effective property tax rate: 0.84%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Paoli, Indiana home value: $94,800
Median annual Paoli, Indiana tax bill: $746, $1,654 lower than the national median property tax bill of $2,400.

How are property taxes in Orange County calculated?

Property taxes in Paoli, Indiana 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 Paoli’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Paoli, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Paoli, Orange County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.84%

Estimate Property Tax Bill

$796

$739

Ownwell’s Paoli Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Paoli with just two data points. By entering your property's estimated assessed value, our calculator applies Paoli’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Orange County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Paoli, Orange County, Indiana

Local government entities play a crucial role in determining property tax rates, which can vary significantly within a state. Annually, each county calculates its budgetary needs to provide essential services and divides this by the total value of all taxable properties within its jurisdiction. This process results in the property tax rate. Although votes and legislative measures are involved in setting these rates and budgets, this annual procedure remains consistent.

In Paoli, located in Orange County, Indiana, the effective property tax rate is a reflection of this process. Paoli's rate can be compared to other cities within Indiana and against the median property tax rates both statewide and nationally. It's noteworthy that Indiana's median property tax rate is lower than the national median of 1.02%, offering potential savings for property owners in the state. Understanding these variations can empower property owners to make informed decisions about their investments and potential tax liabilities. Comparing Paoli's property tax rate to the broader landscape provides valuable insights for homeowners and prospective buyers alike, emphasizing the significance of local governance in property tax assessments.

Property Tax Rates Across Paoli, Orange County, Indiana

Source: Ownwell

0.69%

1.02%

1.35%

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 Paoli Tax Rate

0.84%

Median Effective Orange County Tax Rate

0.80%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Paoli, Orange County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
47454	0.42%	0.60%	0.84%	1.50%	1.98%

Source: Ownwell

Property Tax Assessment Values Across Paoli, Orange County, Indiana

When examining property taxes in Paoli, 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 Orange 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 Orange County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Paoli. For example, the median home price in Paoli is $94,800, with tax bills ranging significantly across the county. Zip code 47454 has the highest median home price at $94,800.

Property Tax Assessment Values Across Paoli, Orange County, Indiana

Source: Ownwell

$75,900

$107,350

$138,800

Median Paoli Market Value

$94,800

Median Orange County Market Value

$102,300

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Paoli, Orange County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
47454	$13,800	$43,500	$94,800	$145,500	$213,140

Source: Ownwell

Property Tax Bills Across Paoli, Orange County, Indiana

In Paoli, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. The median home price in Paoli is $94,800, and the median property tax bill is $746. This is significantly lower than the national median property tax bill of $2,400, making Paoli an attractive option for homeowners looking to save on property taxes. Factors such as property improvements and changes in local tax rates can influence the assessed value and, consequently, the tax bill. Homeowners in Paoli can benefit from appealing their property taxes if they believe their home has been over-assessed. This is where Ownwell can assist by analyzing property assessments and identifying potential savings. By leveraging expert knowledge and local data, Ownwell helps homeowners navigate the complexities of property tax appeals, potentially reducing their tax burden and ensuring they only pay their fair share.

Property Tax Bills Across Paoli, Orange County, Indiana

Source: Ownwell

$561

$855

$1,148

Median Paoli Tax Bill

$746

Median Orange County Tax Bill

$783

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Paoli, Orange County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
47454	$159	$340	$746	$1,342	$2,217

Source: Ownwell