Vallonia, Jackson County, Indiana Property Taxes

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

Median Vallonia, IN effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%. Median Vallonia, IN home value: $132,500. Median annual Vallonia, IN tax bill: $1,001, $1,399 lower than the national median property tax bill of $2,400. How are property taxes in Jackson County calculated? Property taxes in Vallonia, 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 Vallonia’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Vallonia, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Vallonia, Jackson County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.73%

Estimate Property Tax Bill

$967

$898

Ownwell’s Vallonia Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Vallonia with just two data points. By entering your property's estimated assessed value, our calculator applies Vallonia’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 Vallonia, Jackson County, Indiana

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget annually to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting 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 Vallonia, located in Jackson County, the effective property tax rate is 0.73%, which aligns with the highest and lowest median tax rates within the area. This rate is significantly lower than the national median property tax rate of 1.02%. The median property tax bill in Vallonia is also likely lower than the national median of $2400, making it an attractive location for property owners looking to minimize their tax burden. This comparison highlights the potential savings for homeowners in Vallonia compared to other regions. Understanding these differences can be crucial for property owners and potential buyers when considering their financial commitments.

Property Tax Rates Across Vallonia, 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 Vallonia Tax Rate

0.73%

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 Vallonia, Jackson County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
47281	0.35%	0.54%	0.73%	1.09%	1.73%

Source: Ownwell

Property Tax Assessment Values Across Vallonia, Jackson County, Indiana

When examining property taxes in Vallonia, 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.

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 Vallonia.

For example, the median home price in Vallonia is $132,500, with tax bills ranging significantly across the county. Zip code 47281 has the highest median home price at $132,500.

Property Tax Assessment Values Across Vallonia, Jackson County, Indiana

Source: Ownwell

$69,200

$107,900

$146,600

Median Vallonia Market Value

$132,500

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 Vallonia, Jackson County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
47281	$39,820	$75,800	$132,500	$193,100	$242,540

Source: Ownwell

Property Tax Bills Across Vallonia, Jackson County, Indiana

In Vallonia, located in Jackson County, IN, property tax bills are determined by assessing the property's value and applying the local tax rate. The median home price stands at $132,500, which is considerably lower than the national average. Homeowners in this area experience a wide range of tax bills. The 25th percentile tax bill is $431, while the 75th percentile reaches $1,563, and the 90th percentile is $2,546, indicating significant variability in tax burdens. These figures highlight that some homeowners may face tax bills above the national median of $2,400, despite the lower property values. Factors influencing these bills include property assessments and local tax rates. Homeowners can benefit from Ownwell's expertise in appealing property tax assessments and identifying potential exemptions. By leveraging Ownwell's services, homeowners can potentially reduce their tax liabilities, ensuring they pay only their fair share. This assistance is crucial in areas like Vallonia, where tax bills can disproportionately affect homeowners.

Property Tax Bills Across Vallonia, Jackson County, Indiana

Source: Ownwell

$568

$883

$1,197

Median Vallonia Tax Bill

$1,001

Median Jackson County Tax Bill

$1,065

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Vallonia, Jackson County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
47281	$206	$431	$1,001	$1,563	$2,546

Source: Ownwell