2007 Property Tax Rates: Boone County, IN

Summary
Statistics		 Gross Rate Net Rate
Boone County The State Boone County The State
Highest2.4764 8.3447 2.1814 6.7507
Lowest1.5168 0.9065 1.049 0.6181
Median1.96 2.45 1.53 1.86
Boone County Detail Gross Rate State Property Tax Replacement Credit Net Rate
District Name Rate Rank Rate Rank Rate Rank
001 CENTER TOWNSHIP 2.0875 1458 21.6442 1551 1.6357 1341
002 LEBANON CITY 2.4746 941 20.0896 1754 1.9775 776
003 ULEN TOWN 2.2300 1314 21.3319 1622 1.7543 1169
004 CLINTON TOWNSHIP 1.6058 1899 27.2824 447 1.1677 1898
005 EAGLE TOWNSHIP 2.0924 1454 14.4895 1963 1.7892 1107
006 ZIONSVILLE TOWN 2.4764 938 11.9141 1966 2.1814 559
007 HARRISON TOWNSHIP 1.6003 1900 27.3127 443 1.1632 1901
008 JACKSON TOWNSHIP 1.6156 1896 27.1796 460 1.1765 1893
009 ADVANCE TOWN 2.4168 1045 22.4652 1428 1.8739 937
010 JAMESTOWN TOWN 1.9254 1646 24.9701 847 1.4446 1587
011 JEFFERSON TOWNSHIP 1.7263 1848 26.0698 616 1.2763 1797
012 MARION TOWNSHIP 1.5168 1921 30.8400 72 1.0490 1926
013 PERRY TOWNSHIP 1.8526 1719 23.0705 1289 1.4252 1620
014 SUGAR CREEK TOWNSHIP 1.7942 1782 25.4516 725 1.3375 1718
015 THORNTOWN TOWN 2.0424 1509 24.5269 959 1.5415 1475
016 UNION TOWNSHIP 1.9765 1577 15.4893 1957 1.6704 1307
017 WASHINGTON TOWNSHIP 1.7220 1852 26.1110 608 1.2724 1802
018 WORTH TOWNSHIP 1.9447 1618 21.8529 1528 1.5197 1507
019 WHITESTOWN TOWN 2.4151 1048 18.0454 1892 1.9793 773
020 WHITESTOWN - PERRY 2.3663 1124 18.3789 1872 1.9314 835

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 1,967 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.

File produced: May 22, 2009

Source: Indiana Department of Local Government Finance
Data organized and made accessible by the Indiana Business Research Center at Indiana University's Kelley School of Business via STATS Indiana.