Brownstown, Jackson County, Indiana Property Taxes
Median Brownstown, IN effective property tax rate: 0.76%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Brownstown, IN home value: $146,600
Median annual Brownstown, IN tax bill: $1,197, $1,203 lower than the national median property tax bill of $2,400.
How are property taxes in Jackson County calculated?
Property taxes in Brownstown, 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 Brownstown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Brownstown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Brownstown, Jackson County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.76%
Estimate Property Tax Bill
$1,114
$1,034
Property Tax Rates Across Brownstown, Jackson County, Indiana
Local government entities in Indiana determine tax rates, and these can vary significantly across the state. The process involves each county estimating the budget needed for public services and dividing this by the total value of all taxable properties within its area, leading to the property tax rate. While laws and votes play a role in setting these rates and budgets, this is the fundamental yearly procedure.
In Brownstown, located in Jackson County, the effective property tax rate is 0.76%, which is consistent with the highest and lowest rates in the area. This rate is notably lower than the national median property tax rate of 1.02%. Consequently, residents of Brownstown benefit from a more favorable tax rate compared to many other parts of the United States. This lower tax rate can significantly impact homeowners, making it an attractive area for property investment. Understanding these rates is crucial for property owners seeking to manage their expenses and maximize their savings.
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 Brownstown Tax Rate
0.76%
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 Jackson County Tax Rate
0.74%
Median Effective Indiana Tax Rate
0.99%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Brownstown, Jackson County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47220 | 0.42% | 0.61% | 0.76% | 1.06% | 1.70% |
Source: Ownwell
Property Tax Assessment Values Across Brownstown, Jackson County, Indiana
When examining property taxes in Brownstown, 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 Jackson County Appraisal District 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.
Assessment notices: In Jackson 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 Brownstown. For example, the median home price in Brownstown is $146,600, with tax bills ranging significantly across the county. Zip code 47220 has the highest median home price at $146,600.
Property Tax Assessment Values Across Brownstown, Jackson County, Indiana
Source: Ownwell
$69,200
$107,900
$146,600
Median Brownstown Market Value
$146,600
Median Jackson County Market Value
$134,600
Median Indiana Market Value
$170,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Brownstown, Jackson County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47220 | $53,060 | $101,300 | $146,600 | $205,100 | $296,360 |
Source: Ownwell
Property Tax Bills Across Brownstown, Jackson County, Indiana
Median Brownstown Tax Bill
$1,197
Median Jackson County Tax Bill
$1,065
Median Indiana Tax Bill
$1,691
Median United States Tax Bill
$2,400
Property Tax Bills Across Brownstown, Jackson County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47220 | $316 | $640 | $1,197 | $1,924 | $2,956 |
Source: Ownwell