2008 Property Tax Rates: Knox County, IN

Summary
Statistics		 Gross Rate Net Rate
Knox County The State Knox County The State
Highest4.3242 9.1913 3.4254 7.7082
Lowest2.4024 0.9361 1.8213 0.6636
Median2.66 2.38 2.05 1.86
Knox County Detail Gross Rate State Property Tax Replacement Credit Net Rate
District Name Rate Rank Rate Rank Rate Rank
001 BUSSERON TOWNSHIP 2.4956 773 24.0533 556 1.8953 858
002 OAKTOWN TOWN 2.9605 368 22.3166 901 2.2998 403
003 DECKER TOWNSHIP 2.4219 848 24.1450 543 1.8371 932
004 HARRISON TOWNSHIP 2.4057 871 23.9702 570 1.8290 942
005 MONROE CITY TOWN 2.5376 714 23.6956 625 1.9363 791
006 JOHNSON TOWNSHIP 2.5528 703 23.3505 666 1.9567 768
007 DECKER TOWN 3.0638 303 22.1607 930 2.3848 347
008 PALMYRA TOWNSHIP 2.4328 837 23.8295 592 1.8531 919
009 STEEN TOWNSHIP 2.4024 878 24.1900 532 1.8213 958
010 WHEATLAND TOWN 2.7583 497 22.9277 746 2.1259 573
011 VIGO-SOUTH TOWNSHIP 2.8416 431 23.3886 657 2.1770 522
012 BICKNELL CITY-VIGO TOWNSHIP 4.3119 40 20.8425 1209 3.4132 52
013 EDWARDSPORT TOWN 3.2974 202 22.3977 880 2.5589 242
014 SANDBORN TOWN 3.1739 246 22.6380 822 2.4554 298
018 WASHINGTON TOWNSHIP 2.5677 686 23.9276 579 1.9533 772
019 BICKNELL CITY-WASHINGTON TOWNS 4.3242 38 20.7847 1222 3.4254 51
020 BRUCEVILLE CIVIL TOWN 3.3278 193 21.5944 1042 2.6092 215
021 WIDNER TOWNSHIP 2.4750 799 24.4193 478 1.8706 891
022 VINCENNES CITY I 3.7364 100 19.5748 1467 3.0050 105
023 VINCENNES TOWNSHIP-VINCENNES S 2.5412 711 20.8621 1200 2.0111 711
024 VINCENNES TOWNSHIP-SOUTH KNOX 2.6898 550 22.5418 845 2.0835 635
025 VIGO-NORTH TOWNSHIP 2.5055 752 24.1663 538 1.9000 850
026 VIGO-CENTRAL TOWNSHIP 2.6357 617 23.9486 577 2.0045 722
027 VINCENNES CITY II 3.4068 168 19.3540 1515 2.7474 158

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.