Vincennes, Knox County, Indiana Property Taxes
Property Taxes in Vincennes, Indiana
Median Vincennes, Indiana effective property tax rate: 1.03%, significantly lower than the national median of 1.02%, and higher than the Indiana state median of 1.01%.
Median Vincennes, Indiana home value: $113,700
Median annual Vincennes, Indiana tax bill: $1,250, lower than the national median property tax bill of $2,400.
How are property taxes in Knox calculated?
Property taxes in Vincennes, Indiana 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 Vincennes's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Vincennes, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Vincennes, Knox County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.03%
Estimate Property Tax Bill
$1,171
$1,087
How Does the Vincennes Property Tax Calculator Work?
Use this Vincennes property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Vincennes's median effective tax rate of 1.03% — based on actual property records in Knox County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Vincennes's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Vincennes: rates range from 1.03% in 47591 to 1.03% in 47591, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Vincennes.
About Vincennes Property Taxes
About Property Taxes in Vincennes, Knox, Indiana
Vincennes's median effective property tax rate of 1.03% is lower than the Indiana state median of 1.01% and higher than the national median of 1.02%. This rate reflects the Knox County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Vincennes. Homeowners in the 47591 ZIP code carry a median effective rate of 1.03%, while those in the same ZIP code pay 1.03%. This spread reflects how school district boundaries and local assessment districts are drawn across Knox County. Understanding which part of Vincennes you live in can make a meaningful difference to your annual tax bill.
Vincennes homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the June 15, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Vincennes, Knox County, Indiana
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Vincennes's effective property tax rate to other cities in Indiana and the median property tax rates in Indiana and the U.S.
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 Vincennes Tax Rate
1.03%
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 Knox County Tax Rate
1.01%
Median Effective Indiana Tax Rate
1.01%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Vincennes, Knox County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47591 | 0.58% | 0.88% | 1.03% | 1.78% | 2.08% |
Source: Ownwell
Property Tax Assessment Values Across Vincennes, Knox County, Indiana
When examining property taxes in Vincennes, 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 Knox County property tax 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.
Assessment notices:
In Knox County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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 Vincennes.
For example, the median home price in Vincennes is $113,700, with tax bills ranging significantly across the county. ZIP code 47591 has the highest median home price at $113,700.
Property Tax Assessment Values Across Vincennes, Knox County, Indiana
Source: Ownwell
$29,800
$88,400
$147,000
Median Vincennes Market Value
$113,700
Median Knox County Market Value
$100,400
Median Indiana Market Value
$186,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Vincennes, Knox County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47591 | $40,800 | $67,500 | $113,700 | $192,700 | $281,000 |
Source: Ownwell
Property Tax Bills Across Vincennes, Knox County, Indiana
Property tax bills in Vincennes are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. For homeowners, that means the bill can rise or fall as home values and local tax rates change. The median home price in Vincennes is $113,700, and the median tax bill is $1,250, which is below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Several factors affect the final bill, including the property’s assessed value, local levies, and any exemptions that may reduce taxable value. Bills can vary widely across the city, with the 25th percentile at $736 and the 75th percentile at $1,987. At the high end, the 90th percentile reaches $3,064, showing how much taxes can differ from one homeowner to another. In Knox County, these differences can have a meaningful impact on monthly budgets and long-term housing costs.
Median Vincennes Tax Bill
$1,250
Median Knox County Tax Bill
$1,033
Median Indiana Tax Bill
$1,964
Median United States Tax Bill
$2,400
Property Tax Bills Across Vincennes, Knox County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47591 | $339 | $736 | $1,250 | $1,987 | $3,064 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 15 |
Links | |
|---|---|
| Knox Tax Assessor | |
| Website | engage.xsoftinc.com |