2007 Property Tax Rates: Howard County, IN

Summary
Statistics		 Gross Rate Net Rate
Howard County The State Howard County The State
Highest3.8151 8.3447 3.1239 6.7507
Lowest2.0408 0.9065 1.5417 0.6181
Median2.56 2.45 2.03 1.86
Howard County Detail Gross Rate State Property Tax Replacement Credit Net Rate
District Name Rate Rank Rate Rank Rate Rank
001 CENTER TOWNSHIP 2.1641 1384 28.7612 233 1.5417 1474
002 KOKOMO CITY - CENTER TOWNSHIP 3.3414 249 22.5049 1424 2.5894 261
003 KOKOMO CITY - CLAY TOWNSHIP 3.5085 183 21.6246 1556 2.7498 190
006 KOKOMO CITY - HARRISON TOWNSHI 3.2911 272 18.1774 1884 2.6929 210
007 KOKOMO CITY - HOWARD TOWNSHIP 3.5154 181 21.6033 1564 2.7560 185
010 JACKSON TOWNSHIP 2.5611 811 20.4950 1721 2.0362 713
011 LIBERTY TOWNSHIP 2.5378 842 20.4157 1734 2.0197 737
012 GREENTOWN TOWN 2.9922 437 20.1198 1750 2.3902 386
015 KOKOMO CITY - TAYLOR TOWNSHIP 3.8151 112 18.1185 1888 3.1239 88
016 UNION TOWNSHIP 2.5550 818 20.4599 1727 2.0322 720
017 CLAY TOWNSHIP 2.2551 1281 27.5494 394 1.6338 1345
018 ERVIN TOWNSHIP 2.2740 1255 27.4513 419 1.6498 1325
019 HARRISON TOWNSHIP 2.0536 1497 22.3982 1445 1.5936 1409
020 HONEY CREEK TOWNSHIP 2.0864 1459 22.3707 1454 1.6197 1367
021 RUSSIAVILLE TOWN 2.6509 716 21.4709 1592 2.0817 658
022 HOWARD TOWNSHIP 2.2629 1270 27.4936 406 1.6407 1338
023 MONROE TOWNSHIP 2.0408 1511 22.5891 1403 1.5798 1430
024 TAYLOR TOWNSHIP 2.5934 770 21.4255 1605 2.0378 711

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.