2008 Property Tax Rates: Boone County, IN

Summary
Statistics		 Gross Rate Net Rate
Boone County The State Boone County The State
Highest2.5494 9.1913 2.1426 7.7082
Lowest1.5248 0.9361 1.0915 0.6636
Median2.03 2.38 1.6 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 2.1218 1301 19.6052 1460 1.7058 1174
002 LEBANON CITY 2.3352 985 19.4741 1492 1.8804 876
003 ULEN TOWN 2.1493 1279 20.3867 1310 1.7111 1164
004 CLINTON TOWNSHIP 1.5439 1768 26.0157 252 1.1422 1765
005 EAGLE TOWNSHIP 2.1072 1320 13.8982 1817 1.8143 976
006 ZIONSVILLE TOWN 2.4291 840 11.7976 1819 2.1425 547
007 HARRISON TOWNSHIP 1.5402 1772 26.0391 248 1.1391 1766
008 JACKSON TOWNSHIP 1.5536 1764 25.9142 268 1.1510 1761
009 ADVANCE TOWN 2.3540 948 21.0374 1161 1.8588 909
010 JAMESTOWN TOWN 1.8895 1554 23.2090 692 1.4510 1544
011 JEFFERSON TOWNSHIP 1.6511 1738 24.9317 391 1.2395 1718
012 MARION TOWNSHIP 1.5248 1778 28.4179 58 1.0915 1778
013 PERRY TOWNSHIP 1.7863 1652 22.1297 938 1.3910 1588
014 SUGAR CREEK TOWNSHIP 1.7133 1707 24.3508 493 1.2961 1674
015 THORNTOWN TOWN 1.9949 1477 23.0977 710 1.5341 1427
016 UNION TOWNSHIP 2.1145 1311 13.9403 1813 1.8197 963
017 WASHINGTON TOWNSHIP 1.6475 1740 24.9685 386 1.2361 1721
018 WORTH TOWNSHIP 2.0603 1388 19.0603 1557 1.6676 1234
019 WHITESTOWN TOWN 2.5494 706 15.9585 1763 2.1426 546
020 WHITESTOWN - PERRY 2.5153 735 16.1481 1754 2.1091 603

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.