2008 Property Tax Rates: Newton County, IN

Summary
Statistics		 Gross Rate Net Rate
Newton County The State Newton County The State
Highest3.7857 9.1913 2.9703 7.7082
Lowest2.3403 0.9361 1.7463 0.6636
Median2.68 2.38 2.06 1.86
Newton County Detail Gross Rate State Property Tax Replacement Credit Net Rate
District Name Rate Rank Rate Rank Rate Rank
001 Beaver Township 2.5936 661 24.1919 530 1.9662 755
002 Morocco Corp (Beaver) 3.0124 335 23.6411 635 2.3002 402
003 Colfax Township 2.3403 976 25.3813 342 1.7463 1096
004 Grant Township 2.6830 558 23.1323 706 2.0624 657
005 Goodland Corp (Grant) 3.4193 162 21.8494 988 2.6722 188
006 Iroquois Township 2.7416 511 22.7756 789 2.1172 590
007 Brook Corp (Iroquois) 3.7857 94 21.5399 1051 2.9703 108
008 Jackson Township 2.3659 930 25.2937 349 1.7675 1051
009 Mount Ayr Corp (Jackson) 2.8658 416 24.0003 565 2.1780 516
010 Jefferson Township 2.6733 571 23.1422 704 2.0546 665
011 Kentland Corp (Jefferson) 3.1463 260 22.1926 925 2.4481 304
012 Lake Township 2.4865 785 24.6936 418 1.8725 886
013 Lincoln Township 2.4048 873 24.9987 381 1.8036 997
014 McClellan Township 2.4021 879 25.1674 355 1.7976 1003
015 Washington Township 2.7408 512 22.8918 755 2.1134 599

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.