2008 Property Tax Rates: Howard County, IN

Summary
Statistics		 Gross Rate Net Rate
Howard County The State Howard County The State
Highest3.8387 9.1913 3.1336 7.7082
Lowest2.1804 0.9361 1.654 0.6636
Median2.5 2.38 2.01 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 2.1971 1216 24.4275 472 1.6604 1248
002 KOKOMO CITY - CENTER TOWNSHIP 3.4131 164 19.2722 1529 2.7553 156
003 KOKOMO CITY - CLAY TOWNSHIP 3.5154 138 19.7772 1413 2.8202 136
006 KOKOMO CITY - HARRISON TOWNSHI 3.4674 151 15.9279 1764 2.9151 114
007 KOKOMO CITY - HOWARD TOWNSHIP 3.5224 134 19.7602 1420 2.8264 134
010 JACKSON TOWNSHIP 2.5014 758 19.1522 1543 2.0223 694
011 LIBERTY TOWNSHIP 2.4837 791 19.0729 1556 2.0100 714
012 GREENTOWN TOWN 2.9533 371 18.6324 1601 2.4030 329
015 KOKOMO CITY - TAYLOR TOWNSHIP 3.8387 86 18.3692 1621 3.1336 81
016 UNION TOWNSHIP 2.4975 765 19.1228 1549 2.0199 699
017 CLAY TOWNSHIP 2.2208 1182 25.5243 316 1.6540 1257
018 ERVIN TOWNSHIP 2.2397 1152 25.4274 336 1.6702 1229
019 HARRISON TOWNSHIP 2.1884 1225 19.3333 1517 1.7653 1057
020 HONEY CREEK TOWNSHIP 2.2379 1155 19.1865 1536 1.8085 989
021 RUSSIAVILLE TOWN 2.8074 461 18.6147 1603 2.2848 415
022 HOWARD TOWNSHIP 2.2289 1174 25.4736 325 1.6611 1246
023 MONROE TOWNSHIP 2.1804 1233 19.4805 1488 1.7556 1074
024 TAYLOR TOWNSHIP 2.5771 676 22.4495 864 1.9986 726

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.