2008 Property Tax Rates: Benton County, IN

Summary
Statistics		 Gross Rate Net Rate
Benton County The State Benton County The State
Highest3.6089 9.1913 2.7843 7.7082
Lowest2.2238 0.9361 1.6399 0.6636
Median2.36 2.38 1.75 1.86
Benton County Detail Gross Rate State Property Tax Replacement Credit Net Rate
District Name Rate Rank Rate Rank Rate Rank
001 Bolivar Township 2.3128 1021 25.4026 339 1.7253 1134
002 Otterbein (Bolivar) 2.9883 349 23.7986 598 2.2771 421
003 Center Township 2.2676 1099 26.0141 253 1.6777 1220
004 Fowler (Center) 3.6089 118 22.8490 767 2.7843 148
005 Gilboa Township 2.4312 838 28.6939 47 1.7336 1116
006 Grant Township 2.3649 931 25.1057 366 1.7712 1042
007 Boswell (Grant) 3.4148 163 22.8055 780 2.6360 203
008 Hickory Grove Township 2.3531 950 25.7023 293 1.7483 1090
009 Ambia (Hickory Grove) 3.1684 251 23.9690 572 2.4090 327
010 Oak Grove Township 2.3393 980 25.7524 284 1.7369 1111
011 Oxford (Oak Grove) 3.3764 177 23.3750 663 2.5872 226
012 Parish Grove Township 2.2302 1172 26.2455 218 1.6449 1271
013 Pine Township 2.2372 1156 26.1041 239 1.6532 1259
014 Richland Township 2.2780 1078 26.0629 243 1.6843 1206
015 Earl Park (Richland) 2.9725 360 24.3368 497 2.2491 443
016 Union Township 2.2238 1179 26.2588 214 1.6399 1278
017 York Township 2.3714 920 25.4827 321 1.7671 1054

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 1,822 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: Apr 7, 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.