Perry County, Indiana Property Taxes
The median property tax rate in Perry County is 0.94%, which is slightly lower than both the national median of 0.99% and the Indiana state median of 0.99%. With the median home value in Perry County at $97,900, the typical annual property tax bill reaches $927, well below the national median of $2,690. Property taxes in Perry County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions, such as primary residence and agricultural exemptions. Understanding Perry 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 Tell City or another part of Perry County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Perry County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.94%
Estimate Property Tax Bill
$920
$854
Ownwell’s Perry County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Perry County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Perry 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 Perry County, Indiana
Property taxes in Perry County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Perry County is 0.94%, which is lower than the U.S. national median of 0.99%. Local government entities within Perry County set these rates annually, and they can vary significantly between different areas within the county. Each year, Perry 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. For comparison, the city of Magnet has one of the higher property tax rates in the state at 1.96%, while the city of Leavenworth boasts one of the lowest at 0.65%. Analyzing how Perry County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Perry County Tax Rate
0.94%
Average Indiana Tax Rate
0.99%
Average United States Tax Rate
0.99%
Property Tax Rates Across Perry County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Birdseye | 0.64% | 0.74% | 0.91% | 1.68% | 1.88% |
| Branchville | 0.42% | 0.65% | 0.92% | 1.10% | 1.88% |
| Bristow | 0.46% | 0.68% | 0.94% | 1.73% | 1.93% |
| Cannelton | 0.45% | 0.72% | 1.10% | 1.94% | 2.47% |
| Derby | 0.57% | 0.85% | 1.09% | 1.94% | 1.97% |
| English | 0.53% | 0.75% | 1.07% | 1.87% | 1.93% |
| Ferdinand | 0.67% | 0.83% | 1.00% | 1.37% | 1.88% |
| Leavenworth | N/A | N/A | N/A | N/A | N/A |
| Leopold | 0.50% | 0.73% | 0.96% | 1.50% | 1.95% |
| Magnet | 1.55% | 1.76% | 1.96% | 1.97% | 1.98% |
| Mount Pleasant | 1.31% | 1.84% | 1.96% | 1.99% | 2.59% |
| Rome | 0.62% | 0.86% | 1.14% | 1.91% | 1.95% |
| Saint Croix | 0.52% | 0.72% | 0.93% | 1.81% | 1.92% |
| Saint Meinrad | 0.58% | 0.85% | 1.03% | 1.82% | 1.93% |
| Siberia | 1.66% | 1.77% | 1.88% | 1.92% | 1.97% |
| Tell City | 0.39% | 0.66% | 0.90% | 1.18% | 1.90% |
| Tobinsport | 1.16% | 1.85% | 1.94% | 1.95% | 1.99% |
| Troy | 0.36% | 0.48% | 0.91% | 1.77% | 1.87% |
Source: Ownwell
Property Tax Assessment Values Across Perry County, Indiana
In Perry 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 Perry 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 Perry 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 Perry County, the city with the highest median tax bill is Ferdinand at $1,576, while Leavenworth has the lowest at $480. Being aware of these valuation processes in Perry County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Perry County Assessed Value
$97,900
Average Indiana Assessed Value
$170,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Perry County, Indiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Birdseye | $35,720 | $57,500 | $113,500 | $140,050 | $160,100 |
| Branchville | $23,800 | $70,400 | $118,700 | $162,900 | $203,060 |
| Bristow | $19,300 | $46,150 | $90,800 | $143,350 | $202,200 |
| Cannelton | $19,160 | $37,700 | $71,500 | $121,400 | $184,600 |
| Derby | $26,070 | $53,475 | $104,250 | $156,300 | $199,510 |
| English | $21,620 | $36,600 | $77,300 | $117,150 | $179,520 |
| Ferdinand | $76,170 | $100,400 | $153,050 | $191,475 | $328,530 |
| Leavenworth | N/A | N/A | N/A | N/A | N/A |
| Leopold | $25,700 | $72,000 | $108,400 | $163,500 | $214,700 |
| Magnet | $19,220 | $26,350 | $39,300 | $103,800 | $198,670 |
| Mount Pleasant | $11,220 | $14,775 | $31,600 | $79,550 | $99,170 |
| Rome | $13,040 | $38,075 | $69,200 | $125,350 | $176,110 |
| Saint Croix | $23,300 | $55,650 | $95,200 | $145,200 | $200,700 |
| Saint Meinrad | $24,240 | $68,700 | $125,000 | $187,375 | $266,850 |
| Siberia | $9,020 | $15,900 | $39,100 | $69,700 | $104,540 |
| Tell City | $43,730 | $70,700 | $107,450 | $158,600 | $217,210 |
| Tobinsport | $10,440 | $20,150 | $57,600 | $90,550 | $145,380 |
| Troy | $16,500 | $31,100 | $62,800 | $104,600 | $159,100 |
Source: Ownwell
Property Tax Bills Across Perry County, Indiana
In Perry County, IN, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. For homeowners in Perry County, the median home price is $97,900. The property tax bill can vary significantly, with the 25th percentile paying around $463, while those in the 75th percentile pay approximately $1,546. Homeowners in the 90th percentile face tax bills as high as $2,297. Factors influencing the tax bill include the home's assessed value, local tax rates, and any applicable exemptions or deductions. For example, the highest median tax bill in the county is found in Ferdinand, at $1,576, whereas Leavenworth has the lowest median tax bill at $480. These variations affect homeowners by impacting their annual financial obligations and potentially influencing decisions about property investments and home improvements.
Average Perry County Tax Bill
$927
Average Indiana Tax Bill
$1,691
Average United States Tax Bill
$2,690
Property Tax Bills Across Perry County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Birdseye | $400 | $574 | $940 | $1,387 | $2,373 |
| Branchville | $195 | $377 | $961 | $1,629 | $2,297 |
| Bristow | $145 | $348 | $815 | $1,474 | $2,425 |
| Cannelton | $251 | $451 | $762 | $1,290 | $2,056 |
| Derby | $270 | $513 | $1,137 | $1,867 | $2,753 |
| English | $282 | $430 | $731 | $1,286 | $2,095 |
| Ferdinand | $862 | $1,013 | $1,576 | $2,361 | $4,115 |
| Leavenworth | N/A | N/A | N/A | N/A | N/A |
| Leopold | $232 | $499 | $1,071 | $1,735 | $2,555 |
| Magnet | $352 | $486 | $720 | $953 | $3,856 |
| Mount Pleasant | $223 | $350 | $525 | $1,015 | $1,758 |
| Rome | $200 | $427 | $817 | $1,378 | $2,101 |
| Saint Croix | $238 | $460 | $828 | $1,537 | $2,283 |
| Saint Meinrad | $228 | $479 | $1,378 | $2,784 | $3,995 |
| Siberia | $107 | $294 | $805 | $1,244 | $1,842 |
| Tell City | $259 | $496 | $1,023 | $1,603 | $2,279 |
| Tobinsport | $178 | $359 | $872 | $1,631 | $2,253 |
| Troy | $130 | $258 | $507 | $1,050 | $1,795 |
Source: Ownwell