2008 Property Tax Rates: Vermillion County, IN

Summary
Statistics		 Gross Rate Net Rate
Vermillion County The State Vermillion County The State
Highest3.572 9.1913 2.8931 7.7082
Lowest2.3108 0.9361 1.8163 0.6636
Median2.75 2.38 2.19 1.86
Vermillion County Detail Gross Rate State Property Tax Replacement Credit Net Rate
District Name Rate Rank Rate Rank Rate Rank
001 CLINTON TOWNSHIP 2.7591 495 20.1721 1356 2.2025 494
002 CLINTON CIVIL CITY 3.5720 128 19.0055 1562 2.8931 121
003 FAIRVIEW PARK CIVIL TOWN 2.9400 379 19.7655 1417 2.3589 370
004 UNIVERSAL CIVIL TOWN 2.8227 447 20.2694 1342 2.2506 442
005 EUGENE TOWNSHIP 2.3108 1027 21.3975 1079 1.8163 971
006 CAYUGA CIVIL TOWN 3.1878 239 19.9271 1400 2.5526 247
007 HELT TOWNSHIP 2.5760 679 21.0893 1151 2.0327 683
008 DANA CIVIL TOWN 3.2188 225 20.1167 1372 2.5713 233
009 HIGHLAND TOWNSHIP 2.3345 986 21.3425 1092 1.8363 934
010 PERRYSVILLE CIVIL TOWN 2.6947 546 20.6507 1255 2.1382 553
011 VERMILLION TOWNSHIP 2.3213 1014 21.4900 1061 1.8225 954
012 NEWPORT CIVIL TOWN 2.7373 514 20.5526 1271 2.1747 527

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.