Roanoke, Huntington County, Indiana Property Taxes
Median Roanoke, 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 Roanoke, IN home value: $198,400
Median annual Roanoke, IN tax bill: $1,812, $588 lower than the national median property tax bill of $2,400.
How are property taxes in Huntington calculated?
Property taxes in Roanoke, 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 Roanoke’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Roanoke, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Roanoke, Huntington County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.86%
Estimate Property Tax Bill
$1,706
$1,583
Property Tax Rates Across Roanoke, Huntington County, Indiana
Local government entities are responsible for setting property tax rates, which can differ significantly within a state. This variation is due to each county's annual budget estimation process. Counties determine their required budget to fund essential services and divide that amount by the total assessed value of all taxable property within their jurisdiction. This calculation yields the property tax rate. While the setting of tax rates and budgets involves votes and legislation, this annual process is the core of how property taxes are determined.
In Roanoke, located in Huntington County, Indiana, the effective property tax rate offers a unique perspective when compared to other cities within Indiana, as well as the median property tax rates across the state and the nation. With a national median property tax rate of 1.02%, Roanoke's rate is notably different. Such comparisons can help property owners understand their tax obligations and make informed decisions about property investments. Understanding these nuances is crucial for anyone looking to manage their property tax liabilities effectively.
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 Roanoke Tax Rate
0.86%
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 Huntington County Tax Rate
0.90%
Median Effective Indiana Tax Rate
0.99%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Roanoke, Huntington County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46783 | 0.60% | 0.73% | 0.86% | 0.95% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Roanoke, Huntington County, Indiana
When examining property taxes in Roanoke, 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 Huntington County Assessor's Office 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 Huntington County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Roanoke. For example, the median home price in Roanoke is $198,400, with tax bills ranging significantly across the county. Zip code 46783 has the highest median home price at $198,400.
Property Tax Assessment Values Across Roanoke, Huntington County, Indiana
Source: Ownwell
$105,500
$151,950
$198,400
Median Roanoke Market Value
$198,400
Median Huntington County Market Value
$130,200
Median Indiana Market Value
$170,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Roanoke, Huntington County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46783 | $99,800 | $145,800 | $198,400 | $302,200 | $417,180 |
Source: Ownwell
Property Tax Bills Across Roanoke, Huntington County, Indiana
Median Roanoke Tax Bill
$1,812
Median Huntington County Tax Bill
$1,172
Median Indiana Tax Bill
$1,691
Median United States Tax Bill
$2,400
Property Tax Bills Across Roanoke, Huntington County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46783 | $656 | $1,272 | $1,812 | $2,578 | $3,633 |
Source: Ownwell