2008 Property Tax Rates: Hancock County, IN

Summary
Statistics		 Gross Rate Net Rate
Hancock County The State Hancock County The State
Highest3.1374 9.1913 2.486 7.7082
Lowest1.924 0.9361 1.4516 0.6636
Median2.32 2.38 1.88 1.86
Hancock County Detail Gross Rate State Property Tax Replacement Credit Net Rate
District Name Rate Rank Rate Rank Rate Rank
001 BLUE RIVER TOWNSHIP 1.9284 1531 24.5965 438 1.4541 1539
002 BRANDEYWINE TOWNSHIP 2.0087 1459 21.1913 1129 1.5830 1357
003 BROWN TOWNSHIP 1.9240 1535 24.5549 450 1.4516 1543
004 SHIRLEY TOWN 3.1374 266 22.1785 927 2.4416 310
005 WILKINSON TOWN 2.3768 913 23.7085 617 1.8133 978
006 BUCK CREEK TOWNSHIP 2.3139 1018 18.7224 1591 1.8807 875
007 CUMBERLAND TOWN-BUCK CREEK TWP 2.9745 359 16.4240 1740 2.4860 283
008 CENTER TOWNSHIP 2.0604 1387 20.0785 1378 1.6467 1268
009 GREENFIELD CITY 2.6699 574 19.4623 1496 2.1503 540
010 GREEN TOWNSHIP 2.0488 1404 20.3177 1330 1.6325 1290
011 JACKSON TOWNSHIP 1.9472 1522 24.3490 494 1.4731 1517
012 SUGAR CREEK TOWNSHIP 2.3232 1010 18.9314 1573 1.8834 873
013 NEW PALESTINE TOWN 2.7083 535 17.3598 1696 2.2381 456
014 SPRING LAKE TOWN 2.2905 1064 20.5984 1266 1.8187 966
015 CUMBERLAND TOWN-SUGAR CREEK TW 2.8151 452 17.5843 1680 2.3201 385
016 VERNON TOWNSHIP 2.1835 1229 19.4296 1504 1.7593 1070
017 FORTVILLE TOWN 2.8700 413 18.3513 1624 2.3433 374
018 TOWN OF MC CORDSVILLE 2.5984 657 17.7427 1664 2.1374 555
019 GREENFIELD-BRANDYWINE 2.6194 637 20.1069 1373 2.0927 625

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.