Highland, Lake County, Indiana Property Taxes

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

Median Highland, IN effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Highland, IN home value: $225,750
Median annual Highland, IN tax bill: $2,099, $301 lower than the national median property tax bill of $2,400.

How are property taxes in Lake County calculated?

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

Last Updated March 1, 2025

Highland, Lake County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.91%

Estimate Property Tax Bill

$2,054

$1,906

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

Property Tax Rates Across Highland, Lake County, Indiana

Local government entities set tax rates, which can vary widely within a state. This is 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 Highland’s effective property tax rate to other cities in Indiana and the median property tax rates in Indiana and the U.S. Highland in Lake County has a median property tax rate of 0.91%. This is slightly below the national median property tax rate of 1.02%. This means that homeowners in Highland may pay less in property taxes compared to the national average, providing potential savings. Understanding these rates can help homeowners make informed decisions when considering property investments or budgeting for annual expenses.

Property Tax Rates Across Highland, Lake County, Indiana

Source: Ownwell

0.75%

1.52%

2.29%

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 Highland Tax Rate

0.91%

Median Effective Lake County Tax Rate

1.07%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Highland, Lake County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
46322	0.74%	0.84%	0.91%	0.96%	1.65%

Source: Ownwell

Property Tax Assessment Values Across Highland, Lake County, Indiana

When examining property taxes in Highland, IN, 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 Lake County 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 Lake 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 Highland. For example, the median home price in Highland is $225,750, with tax bills ranging significantly across the county. 46322 has the highest median home price at $225,750.

Property Tax Assessment Values Across Highland, Lake County, Indiana

Source: Ownwell

$36,700

$207,300

$377,900

Median Highland Market Value

$225,750

Median Lake County Market Value

$187,400

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Highland, Lake County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
46322	$160,700	$191,100	$225,750	$259,500	$301,990

Source: Ownwell

Property Tax Bills Across Highland, Lake County, Indiana

In Highland, Indiana, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the tax bill. The median home price in Highland is $225,750, and with a tax bill at the 25th percentile of $1,711, homeowners can see how their bills compare to others. The 75th percentile tax bill is $2,554, and the 90th percentile reaches $3,264. Notably, the highest and lowest median tax bill in Highland's 46322 zip code is $2,099. These figures indicate how tax bills can vary significantly based on property value and other factors.

Homeowners in Highland may find their tax bills higher than the national median tax bill of $2,400, even though the national median tax rate is 1.02%. Ownwell can assist homeowners by identifying potential savings through property tax appeals and exemptions, ensuring they are not overpaying and helping them achieve fair tax assessments.

Property Tax Bills Across Highland, Lake County, Indiana

Source: Ownwell

$542

$2,164

$3,785

Median Highland Tax Bill

$2,099

Median Lake County Tax Bill

$2,011

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Highland, Lake County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
46322	$1,322	$1,711	$2,099	$2,554	$3,264

Source: Ownwell

Don't miss the deadline to appeal!

Dates

Links
Lake Tax Assessor
Website	in-lake.publicaccessnow.com