Newburgh, Warrick County, Indiana Property Taxes

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

Median Newburgh, IN effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Newburgh, IN home value: $243,000
Median annual Newburgh, IN tax bill: $1,844, $556 lower than the national median property tax bill of $2,400.

How are property taxes in Warrick County calculated?

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

Last Updated March 1, 2025

Newburgh, Warrick County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.74%

Estimate Property Tax Bill

$1,798

$1,669

Ownwell’s Newburgh Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Newburgh with just two data points. By entering your property's estimated assessed value, our calculator applies Newburgh’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 Warrick County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Newburgh, Warrick County, Indiana

Local government entities set tax rates, which can vary widely within a 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. Below, you can compare Newburgh’s effective property tax rate to other cities in Indiana and the median property tax rates in Indiana and the U.S. Newburgh, located in Warrick County, has a property tax rate that aligns with the county's median rate. This rate is notably lower than the national median property tax rate, making Newburgh an attractive option for homeowners seeking affordability. While the national median property tax bill is significantly higher, Newburgh offers a more budget-friendly alternative. For those considering a move or investment, understanding these tax rates is crucial, and Newburgh presents a favorable scenario. Whether you're a current resident or a prospective homeowner, staying informed about property tax trends can lead to significant savings and informed decision-making.

Property Tax Rates Across Newburgh, Warrick County, Indiana

Source: Ownwell

0.64%

0.76%

0.89%

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 Newburgh Tax Rate

0.74%

Median Effective Warrick County Tax Rate

0.75%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Newburgh, Warrick County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
47630	0.55%	0.66%	0.74%	0.84%	1.22%

Source: Ownwell

Property Tax Assessment Values Across Newburgh, Warrick County, Indiana

When examining property taxes in Newburgh, IN, 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 Warrick 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 Warrick 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 Newburgh. For example, the median home price in Newburgh is $243,000, with tax bills ranging significantly across the county. 47630 has the highest median home price at $243,000.

Property Tax Assessment Values Across Newburgh, Warrick County, Indiana

Source: Ownwell

$98,600

$170,800

$243,000

Median Newburgh Market Value

$243,000

Median Warrick County Market Value

$208,800

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Newburgh, Warrick County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
47630	$151,610	$192,125	$243,000	$343,100	$482,980

Source: Ownwell

Property Tax Bills Across Newburgh, Warrick County, Indiana

In Newburgh, Warrick County, Indiana, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this assessed value to determine the annual tax bill. Factors influencing the tax bill include changes in the assessed value due to market trends and any applicable exemptions. Homeowners in Newburgh face a median property tax bill of $1,844, which is significantly lower than the national median of $2,400. However, for some, the tax bill can reach as high as $4,255, particularly for properties in the 90th percentile. This variation can place a financial burden on homeowners, making accurate assessments and potential appeals crucial.

Ownwell assists homeowners by providing expert property tax appeal services, ensuring that their property is fairly assessed. By identifying discrepancies in assessments or overlooked exemptions, Ownwell can help reduce the tax burden. This service not only offers potential savings but also peace of mind, knowing that homeowners are not overpaying on their property taxes.

Property Tax Bills Across Newburgh, Warrick County, Indiana

Source: Ownwell

$609

$1,227

$1,844

Median Newburgh Tax Bill

$1,844

Median Warrick County Tax Bill

$1,576

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Newburgh, Warrick County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
47630	$895	$1,312	$1,844	$2,824	$4,255

Source: Ownwell