Columbus, Jackson County, Indiana Property Taxes

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

Median Columbus, IN effective property tax rate: 0.59%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Columbus, IN home value: $199,600
Median annual Columbus, IN tax bill: $1,196, $1,204 lower than the national median property tax bill of $2,400.

How are property taxes in Jackson calculated?

Property taxes in Columbus, 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 Columbus’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Columbus, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Columbus, Jackson County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.59%

Estimate Property Tax Bill

$1,178

$1,093

Ownwell’s Columbus Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Columbus with just two data points. By entering your property's estimated assessed value, our calculator applies Columbus’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 Jackson County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Columbus, Jackson County, Indiana

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

In Columbus, Jackson County, Indiana, the effective property tax rate is notably lower than the national median of 1.02%. This means homeowners in Columbus enjoy a more favorable tax environment compared to many other parts of the country. The median property tax rate in Indiana is also lower than the national median, making it an attractive state for property owners.

By comparing Columbus's effective property tax rate to other cities in Indiana and the median property tax rates in both Indiana and the U.S., homeowners can better understand their tax obligations and potential savings. This comparison highlights the benefits of residing in Columbus, where property taxes are more manageable, providing financial relief and potentially increasing the appeal of homeownership in the area.

Property Tax Rates Across Columbus, Jackson County, Indiana

Source: Ownwell

0.58%

0.69%

0.80%

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 Columbus Tax Rate

0.59%

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 Columbus, Jackson County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
47201	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Columbus, Jackson County, Indiana

When examining property taxes in Columbus, 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. Jackson County 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 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 Columbus.

For example, the median home price in Columbus is $199,600, with tax bills ranging significantly across the county. The national median property tax bill is $2,400, providing a benchmark for comparison.

Property Tax Assessment Values Across Columbus, Jackson County, Indiana

Source: Ownwell

$69,200

$107,900

$146,600

Median Columbus Market Value

$199,600

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 Columbus, Jackson County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
47201	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Columbus, Jackson County, Indiana

In Columbus, located in Jackson County, Indiana, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The median home price in this area is $199,600. Property taxes are then levied as a percentage of this assessed value, with the tax rate set by local government jurisdictions. Homeowners in Columbus can expect their property tax bills to vary, with the 25th percentile tax bill at $968, the 75th percentile at $1,221, and the 90th percentile at $1,255. These figures are notably below the national median property tax bill of $2,400, making Columbus an attractive location for homeowners seeking affordability. However, even with relatively lower tax bills, homeowners can still benefit from reducing their tax burden. Ownwell offers expert services to help homeowners appeal their property tax assessments and identify potential exemptions, ensuring they pay only their fair share. By leveraging Ownwell's expertise, homeowners can potentially save hundreds on their annual property tax bills.

Property Tax Bills Across Columbus, Jackson County, Indiana

Source: Ownwell

$568

$883

$1,197

Median Columbus Tax Bill

$1,196

Median Jackson County Tax Bill

$1,065

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Columbus, Jackson County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
47201	N/A	N/A	N/A	N/A	N/A

Source: Ownwell