Washington, Daviess County, Indiana Property Taxes

Name: Property Tax Bills Across Washington, Daviess County, Indiana
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Washington, IN effective property tax rate: 0.86%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%. Median Washington, IN home value: $121,350 Median annual Washington, IN tax bill: $1,166, $1,234 lower than the national median property tax bill of $2,400. How are property taxes in Daviess calculated? Property taxes in Washington, IN are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding Washington’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Washington, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Washington, Daviess County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.86%

Estimate Property Tax Bill

$1,044

$968

Ownwell’s Washington Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Washington with just two data points. By entering your property's estimated assessed value, our calculator applies Washington’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Daviess County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Washington, Daviess County, Indiana

Local government entities set property tax rates, and these can vary significantly within a state. Each year, counties determine their required budget to deliver services and divide that by the total value of all taxable property within their area. This calculation establishes the property tax rate. Although votes and legislation are involved in setting these rates and budgets, this is the annual procedure in a nutshell.

In Washington, Daviess County, Indiana, the effective property tax rate is 0.86%. This rate is relatively low compared to the national median property tax rate of 1.02%. Indiana's median property tax rate aligns with Washington's rate, reflecting a consistent tax environment across the state. The property tax rate in Washington is competitive within Indiana, providing residents with a favorable tax climate.

Understanding how these rates compare can help property owners make informed decisions. With Indiana's rates being lower than the national average, property owners in Washington benefit from a tax rate that is both competitive and manageable. This advantageous tax positioning can contribute to a more affordable living experience for residents in Washington and Daviess County.

Property Tax Rates Across Washington, Daviess County, Indiana

Source: Ownwell

0.78%

0.85%

0.92%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Washington Tax Rate

0.86%

Median Effective Daviess County Tax Rate

0.86%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Washington, Daviess County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
47501	0.48%	0.67%	0.86%	1.62%	1.79%

Source: Ownwell

Property Tax Assessment Values Across Washington, Daviess County, Indiana

When examining property taxes in Washington, Indiana, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Daviess County assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Daviess County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Washington. For example, the median home price in Washington is $121,350, with tax bills ranging significantly across the county. Zip code 47501 has the highest median home price at $121,350.

Property Tax Assessment Values Across Washington, Daviess County, Indiana

Source: Ownwell

$72,600

$159,100

$245,600

Median Washington Market Value

$121,350

Median Daviess County Market Value

$140,350

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Washington, Daviess County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
47501	$42,870	$76,000	$121,350	$196,925	$288,200

Source: Ownwell

Property Tax Bills Across Washington, Daviess County, Indiana

In Washington, Daviess County, IN, property tax bills are determined by the assessed value of the home and the local tax rate. The median home price in this area is $121,350. Homeowners can expect their tax bills to vary significantly based on their property's assessed value. For example, at the 25th percentile, the tax bill is $628, while at the 75th percentile, it reaches $1,853. The 90th percentile tax bill is $2,763, which is above the national median property tax bill of $2,400. This variation highlights the importance of understanding how your property's assessed value impacts your tax bill. Homeowners in Washington can benefit from appealing their property tax assessments to ensure they are not overpaying. This is where Ownwell can assist. By leveraging their expertise in property tax appeals and exemptions, Ownwell helps homeowners navigate the complexities of property assessments, potentially reducing their tax liabilities and ensuring fair taxation. With Ownwell's guidance, homeowners can achieve substantial savings on their property tax bills.

Property Tax Bills Across Washington, Daviess County, Indiana

Source: Ownwell

$635

$1,455

$2,274

Median Washington Tax Bill

$1,166

Median Daviess County Tax Bill

$1,299

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Washington, Daviess County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
47501	$328	$628	$1,166	$1,853	$2,763

Source: Ownwell