2005 Property Tax Rates: Hancock County, IN
Summary Statistics
                         Gross Rate for:            Net Rate for:
                         This county  The State     This county  The State
           Highest          2.7786       8.3101        2.1579       6.5369
           Lowest           1.4987       1.1245        1.0625       0.7234
           Median             2.10         2.33          1.57         1.70


                                                 Gross                           Net
District    District Name                        Rate    Rank     SPTRC  Rank    Rate   Rank
  001   BLUE RIVER TOWNSHIP                      1.5041  1928    29.1857  600    1.0651 1904
  002   BRANDEYWINE TOWNSHIP                     1.7875  1796    22.3312 1781    1.3883 1573
  003   BROWN TOWNSHIP                           1.4987  1929    29.1025  614    1.0625 1907
  004   SHIRLEY TOWN                             2.7786   502    26.1494 1232    2.0520  522
  005   WILKINSON TOWN                           2.1604  1270    27.2711  980    1.5712 1218
  006   BUCK CREEK TOWNSHIP                      1.8381  1729    23.7732 1617    1.4011 1550
  007   CUMBERLAND TOWN-BUCK CREEK TWP           2.5703   700    20.0616 1898    2.0547  518
  008   CENTER TOWNSHIP                          1.5806  1912    25.9810 1275    1.1699 1875
  009   GREENFIELD CITY                          2.0970  1361    25.3970 1386    1.5644 1228
  010   GREEN TOWNSHIP                           1.5705  1914    26.1864 1226    1.1592 1884
  011   JACKSON TOWNSHIP                         1.5175  1925    28.8168  675    1.0802 1901
  012   SUGAR CREEK TOWNSHIP                     2.0969  1362    19.4187 1910    1.6897  985
  013   NEW PALESTINE TOWN                       2.1561  1273    20.9755 1874    1.7038  968
  014   SPRING LAKE TOWN                         2.1339  1310    22.1606 1790    1.6610 1049
  015   CUMBERLAND TOWN-SUGAR CREEK TW           2.6467   617    18.4680 1928    2.1579  431
  016   VERNON TOWNSHIP                          1.7874  1797    24.4857 1515    1.3497 1622
  017   FORTVILLE TOWN                           2.2657  1081    24.0728 1567    1.7203  939
  018   TOWN OF MC CORDSVILLE                    2.0954  1367    23.8700 1597    1.5952 1171
  019   GREENFIELD-BRANDYWINE                    2.3534   944    22.3239 1782    1.8280  801

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.
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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