2005 Property Tax Rates: Hamilton County, IN Summary Statistics Gross Rate for: Net Rate for: This county The State This county The State Highest 2.8223 8.3101 2.2940 6.5369 Lowest 1.6605 1.1245 1.1074 0.7234 Median 2.19 2.33 1.70 1.70 Gross Net District District Name Rate Rank SPTRC Rank Rate Rank 001 ADAMS TOWNSHIP 1.6605 1892 33.3112 132 1.1074 1895 002 SHERIDAN TOWN 2.8223 458 26.8083 1075 2.0657 509 003 CLAY TOWNSHIP 1.6740 1889 28.1200 795 1.2033 1817 005 DELAWARE TOWNSHIP 1.9406 1613 24.5870 1498 1.4635 1417 006 FISHERS TOWN - DELAWARE TWP 2.1935 1207 22.5742 1757 1.6983 974 007 FALL CREEK TOWNSHIP 1.9051 1669 24.8095 1464 1.4325 1486 008 JACKSON TOWNSHIP 1.9863 1543 23.9474 1584 1.5106 1346 009 ARCADIA TOWN 2.5419 735 22.0437 1805 1.9816 604 010 ATLANTA TOWN 2.4016 885 23.3775 1666 1.8402 772 011 CICERO TOWN 2.3798 918 22.9233 1724 1.8343 780 012 NOBLESVILLE TOWNSHIP 2.0758 1404 22.7447 1739 1.6037 1154 013 NOBLESVILLE CITY 2.5719 697 21.8187 1827 2.0107 572 014 WASHINGTON TOWNSHIP 2.5385 739 19.0810 1917 2.0541 519 015 WESTFIELD TOWN 2.8154 467 18.5261 1924 2.2938 334 016 WAYNE TOWNSHIP 1.8827 1685 25.0409 1434 1.4113 1528 017 WHITE RIVER TOWNSHIP 1.9775 1557 24.3292 1535 1.4964 1369 018 CARMEL CITY 2.0317 1481 25.1252 1416 1.5212 1318 019 NOBLESVILLE-DELAWARE-HSE 2.6055 657 21.9357 1814 2.0340 550 020 FISHERS - FALL CREEK TWP 2.1848 1225 22.6695 1747 1.6895 986 021 NOBLESVILLE FALL CREEK 2.5968 667 22.0110 1807 2.0252 556 022 NOBLESVILLE WAYNE 2.5885 675 22.0538 1803 2.0176 564 023 CARMEL - COUNTY TIF 2.0212 1491 25.1852 1415 1.5122 1343 024 WESTFIELD ANNEXATION 2.8154 467 18.5203 1925 2.2940 333 Notes: 1) With the 2002 reassessment, Indiana changed from "true tax value" to "market based value". As a result, rates will vary significantly from previous years. This does not necessarily indicate significant changes in taxes levied. 2) Ranks are among 1,954 taxing districts so far reported. 3) SPTRC is State Property Tax Replacement Credit. 4) Net rate is derived as follows: multiply state property tax replacement factor (SPTRC) by .01, subtract this number from 1; multiply gross rate by the result. 5) The replacement factor determines by how much money the tax bill is lowered by fund transfers from the State of Indiana. 6) Net rate does not reflect possible homestead, special case, or county-specific credits. 7) The source agency for these rates is the Indiana Department of Local Government Finance and specific tax related questions should be addressed to their office. -------------------------------------------------------------------- Data organized by the Indiana Business Research Center, Indiana University, Kelley School of Business. STATS Indiana www.stats.indiana.edu File produced: Aug 30, 2005