Posey County, Indiana Property Taxes
Property Taxes in Posey County, Indiana
Median Posey County effective property tax rate: 0.91%, significantly lower than the national median of 1.02%.
Median Posey County home value: $167,900
Median annual Posey County tax bill: $1,566, $834 lower than the national median property tax bill of $2,400.
How are property taxes in Posey County calculated?
Property taxes in Posey County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Posey County or another part of Posey County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Posey County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.91%
Estimate Property Tax Bill
$1,528
$1,418
How Does the Posey County Property Tax Calculator Work?
Use this Posey County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Posey County's median effective tax rate of 0.91% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts (such as special assessment districts or improvement districts) that apply to your property. Posey County’s median tax rate is lower than the 1.01% state median and the 1.02% national median. The county’s median tax bill is $1,566, compared with the $2,400 national median and a $834 lower state tax bill.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Posey County.
Property Tax Rates Across Posey County, Indiana
What Are Effective Property Tax Rates Across Posey County?
Local government entities set tax rates, which vary widely across Posey County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Posey County's effective property tax rate to other counties in Indiana or the U.S. median of 1.02%.
Posey County's median effective rate stands at 0.91%, which is lower than the national median of 1.02%. Within Posey County, the highest rate is found in GRIFFIN at 1.00%, while EVANSVILLE has the lowest at 0.84%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
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 Posey County Tax Rate
0.91%
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 Indiana Tax Rate
1.01%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Posey County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cynthiana | 0.65% | 0.66% | 0.88% | 1.31% | 2.00% |
| Evansville | 0.61% | 0.76% | 0.84% | 0.91% | 1.65% |
| Griffin | 0.45% | 0.64% | 1.00% | 1.86% | 2.05% |
| Mount Vernon | 0.67% | 0.82% | 0.97% | 1.00% | 2.00% |
| New Harmony | 0.57% | 0.77% | 0.96% | 1.73% | 2.00% |
| Poseyville | 0.54% | 0.74% | 0.97% | 1.12% | 2.00% |
| Wadesville | 0.63% | 0.77% | 0.87% | 0.97% | 1.74% |
Source: Ownwell
Property Tax Assessment Values Across Posey County, Indiana
When examining property taxes in Posey County, 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 Posey 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 Posey 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 Posey County.
For example, the median tax bill in Posey County is $1,566, with tax bills ranging significantly across the county. Evansville has the highest median home price at $225,400.
Median Posey County Market Value
$167,900
Median Indiana Market Value
$186,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Posey County, Indiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cynthiana | $29,600 | $54,300 | $92,100 | $134,100 | $228,540 |
| Evansville | $94,300 | $162,200 | $225,400 | $319,000 | $410,020 |
| Griffin | $3,500 | $13,175 | $54,500 | $86,650 | $150,100 |
| Mount Vernon | $38,170 | $95,825 | $160,900 | $238,700 | $345,660 |
| New Harmony | $27,100 | $79,300 | $145,500 | $218,600 | $309,200 |
| Poseyville | $37,450 | $92,450 | $145,250 | $211,525 | $309,350 |
| Wadesville | $91,580 | $152,650 | $204,000 | $301,150 | $388,920 |
Source: Ownwell
Property Tax Bills Across Posey County, Indiana
Property tax bills in Posey County are based on a home’s assessed value and the local tax rates set by taxing authorities. The assessed value is the starting point for the calculation, and it is used to determine how much tax a homeowner owes each year. Local budgets, school funding, and other public services all influence the final bill, so two homes with similar market values can still have different tax amounts depending on where they are located.
With a median home price of $167,900, property taxes can vary widely across the county. The 25th percentile tax bill is $886, while the 75th percentile reaches $2,493 and the 90th percentile climbs to $3,567. That range shows how assessment differences and local rates can affect homeowners. Compared with the national median property tax bill of $2,400, many Posey County homeowners pay less, but higher-assessed properties can still face a sizable annual bill.
Median Posey County Tax Bill
$1,566
Median Indiana Tax Bill
$1,964
Median United States Tax Bill
$2,400
Property Tax Bills Across Posey County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cynthiana | $257 | $456 | $830 | $1,463 | $2,351 |
| Evansville | $571 | $1,224 | $1,982 | $2,909 | $3,795 |
| Griffin | $59 | $169 | $438 | $992 | $1,736 |
| Mount Vernon | $449 | $900 | $1,538 | $2,343 | $3,420 |
| New Harmony | $311 | $630 | $1,419 | $2,378 | $3,557 |
| Poseyville | $344 | $735 | $1,438 | $2,177 | $3,513 |
| Wadesville | $611 | $1,181 | $1,844 | $2,938 | $3,954 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 15 |
Links | |
|---|---|
| Posey Tax Assessor | |
| Website | engage.xsoftinc.com |