Vermillion County, Indiana Property Taxes
Property Taxes in Vermillion County, Indiana
Median Vermillion County effective property tax rate: 1.00%, significantly lower than the national median of 1.02%.
Median Vermillion County home value: $85,000
Median annual Vermillion County tax bill: $889, lower than the national median property tax bill of $2,400.
How are property taxes in Vermillion County calculated?
Property taxes in Vermillion 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 Vermillion County or another part of Vermillion County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Vermillion County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1%
Estimate Property Tax Bill
$850
$789
How Does the Vermillion County Property Tax Calculator Work?
Use this Vermillion County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Vermillion County's median effective tax rate of 1.00% to generate your estimate.
Enter your property's estimated assessed value — the figure used 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 that apply to your property. Vermillion County's median property tax bill is $889, which is lower than the national median property tax bill of $2,400 and lower than the Indiana median property tax bill of $1,511.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Vermillion County.
Property Tax Rates Across Vermillion County, Indiana
What Are Effective Property Tax Rates Across Vermillion County?
Local government entities set tax rates, which vary widely across Vermillion 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 Vermillion County's effective property tax rate to other counties in Indiana or the U.S. median of 1.02%.
Vermillion County's median effective rate stands at 1.00%, which is lower than the national median of 1.02%. Within Vermillion County, the highest rate is found in SAINT BERNICE at 2.00%, while NEWPORT has the lowest at 0.79%.
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 Vermillion County Tax Rate
1.00%
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 Vermillion County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blanford | 0.59% | 0.59% | 0.80% | 2.00% | 2.00% |
| Cayuga | 0.45% | 0.76% | 0.89% | 1.78% | 2.00% |
| Clinton | 0.56% | 0.89% | 1.00% | 2.00% | 2.00% |
| Covington | 0.45% | 0.66% | 0.87% | 1.80% | 1.80% |
| Dana | 0.58% | 0.70% | 1.00% | 2.00% | 2.00% |
| Hillsdale | 0.53% | 0.79% | 1.03% | 2.00% | 2.00% |
| Newport | 0.43% | 0.60% | 0.79% | 2.00% | 2.00% |
| Perrysville | 0.47% | 0.62% | 0.90% | 1.80% | 2.00% |
| Saint Bernice | 0.53% | 0.53% | 2.00% | 2.00% | 2.03% |
| Universal | 0.63% | 0.63% | 0.93% | 2.00% | 2.00% |
| West Terre Haute | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Vermillion County, Indiana
When examining property taxes in Vermillion 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 Vermillion 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 Vermillion 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 Vermillion County.
For example, the median tax bill in Vermillion County is $889, with tax bills ranging significantly across the county. Covington has the highest median home price at $127,400.
Property Tax Assessment Values Across Vermillion County, Indiana
Source: Ownwell
$41,500
$84,450
$127,400
Median Vermillion County Market Value
$85,000
Median Indiana Market Value
$186,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Vermillion County, Indiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blanford | $13,500 | $23,500 | $41,500 | $54,700 | $76,800 |
| Cayuga | $18,600 | $47,900 | $74,200 | $111,300 | $207,900 |
| Clinton | $35,270 | $60,000 | $88,900 | $139,000 | $210,230 |
| Covington | $38,120 | $79,600 | $127,400 | $188,100 | $249,160 |
| Dana | $24,720 | $60,200 | $89,000 | $160,450 | $252,600 |
| Hillsdale | $22,820 | $59,925 | $120,900 | $195,075 | $283,040 |
| Newport | $12,800 | $28,000 | $57,200 | $81,400 | $107,060 |
| Perrysville | $24,250 | $59,725 | $105,000 | $171,400 | $272,330 |
| Saint Bernice | $7,960 | $14,275 | $45,050 | $72,100 | $103,790 |
| Universal | $11,760 | $24,600 | $42,000 | $60,200 | $78,440 |
| West Terre Haute | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Vermillion County, Indiana
Property tax bills in Vermillion County are based on the assessed value of a home and the local tax rate set by taxing authorities. The assessed value is used to calculate how much a homeowner owes, so changes in market value, local budgets, and exemptions can all affect the final bill. For a county with a median home price of $85,000, property taxes can still vary widely from one home to another depending on location and individual assessment details.
In Vermillion County, the 25th percentile tax bill is $445, while the 75th percentile tax bill is $1,586 and the 90th percentile tax bill is $2,542. That range shows how much property tax bills can differ even among similar homes. Hillsdale has the highest median tax bill at $1,260, while Saint Bernice has the lowest median tax bill at $337. For homeowners, these differences can have a meaningful impact on annual housing costs and make it important to understand how assessments influence the bill.
Median Vermillion County Tax Bill
$889
Median Indiana Tax Bill
$1,964
Median United States Tax Bill
$2,400
Property Tax Bills Across Vermillion County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blanford | $137 | $241 | $340 | $542 | $976 |
| Cayuga | $171 | $345 | $651 | $1,286 | $2,301 |
| Clinton | $274 | $562 | $967 | $1,612 | $2,395 |
| Covington | $285 | $606 | $1,150 | $1,912 | $3,038 |
| Dana | $226 | $470 | $929 | $1,765 | $3,171 |
| Hillsdale | $214 | $526 | $1,260 | $2,266 | $3,487 |
| Newport | $133 | $239 | $428 | $751 | $1,268 |
| Perrysville | $204 | $402 | $963 | $1,901 | $3,104 |
| Saint Bernice | $130 | $211 | $337 | $673 | $1,231 |
| Universal | $145 | $247 | $374 | $628 | $1,086 |
| West Terre Haute | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 15 |
Links | |
|---|---|
| Vermillion Tax Assessor | |
| Website | auditor.vermillioncounty83.us |