Indiana · FIPS 18147 · ACS 2020–2024
Spencer County, Indiana property tax rate
Homeowners in Spencer County paid a median of $1,147 a year in real estate taxes on a median home value of $185,200 (2020–2024 survey). Taxes came to 0.60% of home value, 21% below the Indiana rate of 0.76% and 36% below the U.S. rate of 0.94%.
- 0.60%Effective tax rate±0.07% margin · Indiana: 0.76%
- $1,147Median tax per yearIndiana: $1,614 · U.S.: $3,119
- $185,200Median home valueIndiana: $218,200
- 6,571Owner-occupied homes81% of households own
| Measure | Spencer County | Indiana | U.S. | Spencer County 2019–2023 | Change |
|---|---|---|---|---|---|
| Effective tax rate | 0.60% | 0.76% | 0.94% | 0.60% | no change |
| Median tax, all owners | $1,147 | $1,614 | $3,119 | $1,138 | +$9 (+0.8%) |
| Median tax, with a mortgage | $1,180 | $1,698 | $3,489 | $1,205 | −$25 (-2.1%) |
| Median tax, no mortgage | $1,087 | $1,451 | $2,576 | $1,009 | +$78 (+7.7%) |
| Median home value | $185,200 | $218,200 | $332,700 | $180,200 | +$5,000 (+2.8%) |
| Total taxes paid | $9,235,000 | $3,851,279,300 | $360,573,527,500 | $8,846,000 |
How Spencer County compares
- Per $1,000 of home value, owners here paid about $6.00 a year, against $7.60 statewide and $9.40 nationally.
- Rank in Indiana: 25 of 91 counties from lowest to highest effective rate (among those with reliable estimates). Nationally, 31% of 2,682 counties had a lower rate.
- Homes with a mortgage: 0.61% of value; homes without one: 0.59%. Median bills: $1,180 and $1,087.
- Compared with the 2019–2023 survey, the effective rate rose (no change) and the median tax changed +$9 (+0.8%). The two 5-year surveys share four years of responses, so year-to-year moves are small and partly noise.
- Margin of error: the effective rate is 0.60% ± 0.07% at 90% confidence, from a sample of the 6,571 owner-occupied homes.
Indiana counties with similar rates
| County | Effective rate | Median tax | Median value |
|---|---|---|---|
| Fulton County | 0.59% | $844 | $156,500 |
| Washington County | 0.59% | $1,091 | $172,200 |
| Gibson County | 0.60% | $1,301 | $180,000 |
| Rush County | 0.60% | $1,079 | $166,800 |
| Jay County | 0.60% | $707 | $117,500 |
| Fountain County | 0.61% | $849 | $143,400 |
| Jennings County | 0.61% | $971 | $161,500 |
| DeKalb County | 0.61% | $1,205 | $194,100 |
Sources
- U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, table-based summary file: B25090 (aggregate real estate taxes), B25082 (aggregate home value), B25103 (median real estate taxes), B25077 (median home value) and B25003 (tenure); files dated January 29, 2026.
- U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates, same tables (files dated October 31, 2024), for the comparison column.
- Geography names: Census Bureau Geos20245YR.txt (file dated January 22, 2026).
Effective rate = total real estate taxes paid by owner-occupied homes ÷ their total value, as reported by owners to the Census Bureau. It is not a millage rate. Your bill depends on your assessed value, exemptions (such as homestead) and local levies.