2005 Property Tax Rates: Hendricks County, IN Summary Statistics Gross Rate for: Net Rate for: This county The State This county The State Highest 3.1963 8.3101 2.6824 6.5369 Lowest 1.9222 1.1245 1.4116 0.7234 Median 2.42 2.33 1.83 1.70 Gross Net District District Name Rate Rank SPTRC Rank Rate Rank 001 BROWN TOWNSHIP 2.7259 548 15.9533 1951 2.2910 338 002 CENTER TOWNSHIP 2.0855 1389 23.7692 1619 1.5898 1188 003 DANVILLE TOWN 2.6276 639 22.3441 1780 2.0405 540 007 EEL RIVER TOWNSHIP 1.9748 1561 26.8090 1073 1.4454 1458 008 NORTH SALEM TOWN 2.6002 663 26.6215 1115 1.9080 684 009 FRANKLIN TOWNSHIP 1.9222 1641 24.8696 1458 1.4442 1460 010 STILESVILLE TOWN 2.2055 1182 24.4649 1518 1.6659 1040 011 GUILFORD TOWNSHIP 1.9587 1583 27.6138 900 1.4178 1512 012 PLAINFIELD TOWN 2.6696 593 23.3406 1674 2.0465 531 013 LIBERTY TOWNSHIP 1.9667 1572 24.5002 1510 1.4849 1383 014 CLAYTON TOWN 2.2674 1079 24.4896 1513 1.7121 955 015 LINCOLN TOWNSHIP 2.7382 536 15.9036 1952 2.3027 325 016 BROWNSBURG TOWN 3.1963 271 16.0775 1950 2.6824 129 017 MARION TOWNSHIP 1.9248 1637 24.8846 1455 1.4458 1455 018 MIDDLE TOWNSHIP 2.0557 1441 25.4792 1370 1.5319 1295 019 PITTSBORO TOWN 2.4047 882 24.0534 1568 1.8263 804 020 UNION TOWNSHIP 1.9363 1620 27.0957 1026 1.4116 1527 021 LIZTON TOWN 2.4748 799 26.0765 1245 1.8295 797 022 WASHINGTON TOWNSHIP 2.3021 1020 20.4329 1891 1.8317 790 023 CLAY TOWNSHIP 1.9789 1554 24.9492 1447 1.4852 1381 024 AMO TOWN 2.4372 849 24.1268 1561 1.8492 759 025 COATSVILLE TOWN 2.4402 845 24.6291 1490 1.8392 774 026 BROWNSBURG - BROWN TWP 3.1895 273 16.1011 1949 2.6760 130 027 PLAINFIELD - WASHINGTON TWP 2.9841 366 18.9894 1918 2.4174 259 028 BROWNSBURG - MIDDLE TWP 2.6600 605 22.8749 1727 2.0515 523 029 PLAINFIELD - LIBERTY 2.7361 538 21.0942 1869 2.1589 429 030 EEL RIVER - JAMESTOWN 2.3976 894 24.6074 1496 1.8076 833 031 AVON 2.6494 613 19.8078 1904 2.1246 456 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