2008 Property Tax Rates: Monroe County, IN

Summary
Statistics		 Gross Rate Net Rate
Monroe County The State Monroe County The State
Highest2.7559 9.1913 2.2056 7.7082
Lowest1.5841 0.9361 1.1859 0.6636
Median1.93 2.38 1.49 1.86
Monroe County Detail Gross Rate State Property Tax Replacement Credit Net Rate
District Name Rate Rank Rate Rank Rate Rank
001 BEAN BLOSSOM TOWNSHIP 2.0823 1348 21.6567 1029 1.6313 1291
002 STINESVILLE TOWN 2.1992 1214 21.5235 1057 1.7259 1132
003 BENTON TOWNSHIP 1.6088 1757 24.8881 398 1.2084 1741
004 BLOOMINGTON TOWNSHIP 1.7753 1661 23.9664 574 1.3498 1637
005 BLOOMINGTON CITY-BLOOMINGTON T 2.2964 1053 21.7771 1002 1.7963 1006
006 CLEAR CREEK TOWNSHIP 1.7048 1714 24.3672 487 1.2894 1676
007 INDIAN CREEK TOWNSHIP 1.6213 1749 24.9048 395 1.2175 1734
008 PERRY TOWNSHIP 1.6777 1730 24.5552 449 1.2657 1691
009 BLOOMINGTON CITY-PERRY TOWNSHI 2.2946 1058 21.7687 1003 1.7951 1009
010 POLK TOWNSHIP 1.7873 1650 24.2404 515 1.3541 1632
011 RICHLAND TOWNSHIP 2.1167 1308 21.4806 1065 1.6620 1244
012 BLOOMINGTON CITY-RICHLAND TWP. 2.7559 501 19.9687 1396 2.2056 491
013 ELLETSVILLE TOWN 2.6154 641 19.7428 1424 2.0990 616
014 SALT CREEK TOWNSHIP 1.5841 1760 25.1359 361 1.1859 1757
015 VAN BUREN TOWNSHIP 1.7447 1681 23.7325 612 1.3306 1650
016 BLOOMINGTON CITY-VAN BUREN TWP 2.3279 999 21.7019 1017 1.8227 953
017 WASHINGTON TOWNSHIP 1.5927 1759 25.2062 352 1.1912 1752
018 ELLETTSVILLE BN BLOS 2.6107 645 19.7019 1436 2.0963 618

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.