2007 Property Tax Rates: Monroe County, IN

Summary
Statistics		 Gross Rate Net Rate
Monroe County The State Monroe County The State
Highest2.7335 8.3447 2.1116 6.7507
Lowest1.5468 0.9065 1.1159 0.6181
Median1.75 2.45 1.28 1.86
Monroe County Detail Gross Rate State Property Tax Replacement Credit Net Rate
District Name Rate Rank Rate Rank Rate Rank
001 BEAN BLOSSOM TOWNSHIP 2.0329 1521 24.8441 872 1.5278 1494
002 STINESVILLE TOWN 2.1394 1415 24.7217 904 1.6105 1385
003 BENTON TOWNSHIP 1.5918 1902 27.2459 453 1.1581 1902
004 BLOOMINGTON TOWNSHIP 1.7364 1841 26.5830 542 1.2748 1799
005 BLOOMINGTON CITY-BLOOMINGTON T 2.2856 1238 24.0823 1052 1.7352 1196
006 CLEAR CREEK TOWNSHIP 1.6644 1890 27.1392 464 1.2127 1853
007 INDIAN CREEK TOWNSHIP 1.5920 1901 27.5406 397 1.1536 1903
008 PERRY TOWNSHIP 1.6347 1893 27.3875 428 1.1870 1886
009 BLOOMINGTON CITY-PERRY TOWNSHI 2.2828 1242 24.0876 1049 1.7329 1201
010 POLK TOWNSHIP 1.7538 1824 26.8863 484 1.2823 1790
011 RICHLAND TOWNSHIP 2.0770 1473 24.5615 948 1.5669 1448
012 BLOOMINGTON CITY-RICHLAND TWP. 2.7335 630 22.7507 1373 2.1116 619
013 ELLETSVILLE TOWN 2.6647 701 21.8999 1518 2.0811 659
014 SALT CREEK TOWNSHIP 1.5468 1912 27.8595 340 1.1159 1910
015 VAN BUREN TOWNSHIP 1.7040 1862 26.3075 584 1.2557 1824
016 BLOOMINGTON CITY-VAN BUREN TWP 2.3172 1203 24.0057 1070 1.7609 1159
017 WASHINGTON TOWNSHIP 1.5562 1909 27.9398 331 1.1214 1909

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.