Terre Haute, Vigo County, Indiana Property Taxes
Median TERRE HAUTE, IN effective property tax rate: 1.00%, slightly lower than the national median of 1.02%, but higher than the Indiana state median of 0.99%.
Median TERRE HAUTE, IN home value: $101,400
Median annual TERRE HAUTE, IN tax bill: $1,170, $1,230 lower than the national median property tax bill of $2,400.
How are property taxes in Vigo calculated?
Property taxes in TERRE HAUTE, 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 TERRE HAUTE’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in TERRE HAUTE, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Terre Haute, Vigo County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1%
Estimate Property Tax Bill
$1,014
$941
Property Tax Rates Across Terre Haute, Vigo County, Indiana
Local government entities determine property tax rates, which can differ significantly within a state. This variation occurs because each county annually estimates the budget needed to provide essential services and divides it by the total value of all taxable properties within the area. This calculation determines the property tax rate. While setting these rates involves votes and legislation, this is the basic yearly process.
In Terre Haute, located in Vigo County, the effective property tax rate is a crucial factor for homeowners and potential buyers. Comparing Terre Haute’s rate with other cities in Indiana and the national median provides valuable context. Indiana’s median property tax rate aligns closely with the national median of 1.02%, but within the state, there is significant variation. For instance, the highest median tax rate in Vigo County is 1.99% in the 47807 zip code, while the lowest is 0.95% in the 47805 zip code. Understanding these differences can help property owners make informed decisions about property tax appeals and exemptions.
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 Terre Haute 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 Vigo County Tax Rate
1.01%
Median Effective Indiana Tax Rate
0.99%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Terre Haute, Vigo County, Indiana
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
47802 | 0.64% | 0.90% | 0.99% | 1.63% | 2.16% |
47803 | 0.78% | 0.97% | 1.01% | 1.25% | 2.15% |
47804 | 0.71% | 0.95% | 1.04% | 2.02% | 2.19% |
47805 | 0.50% | 0.73% | 0.95% | 1.11% | 2.05% |
47807 | 0.87% | 0.98% | 1.99% | 2.16% | 2.83% |
47808 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Terre Haute, Vigo County, Indiana
When examining property taxes in Terre Haute, 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 Vigo County Assessor's Office 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 Vigo County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Terre Haute.
For example, the median home price in Terre Haute is $101,400, with tax bills ranging significantly across the county. Zip code 47802 has the highest median home price at $122,700.
Property Tax Assessment Values Across Terre Haute, Vigo County, Indiana
Source: Ownwell

$60,300
$97,450
$134,600
Median Terre Haute Market Value
$101,400
Median Vigo County Market Value
$100,700
Median Indiana Market Value
$170,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Terre Haute, Vigo County, Indiana
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
47802 | $50,200 | $79,000 | $122,700 | $188,900 | $280,500 |
47803 | $53,800 | $80,200 | $115,400 | $174,875 | $254,610 |
47804 | $35,800 | $51,825 | $73,000 | $95,800 | $121,300 |
47805 | $51,100 | $83,900 | $122,300 | $173,800 | $239,050 |
47807 | $27,900 | $42,000 | $60,300 | $81,900 | $106,240 |
47808 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Terre Haute, Vigo County, Indiana
Median Terre Haute Tax Bill
$1,170
Median Vigo County Tax Bill
$1,148
Median Indiana Tax Bill
$1,691
Median United States Tax Bill
$2,400
Property Tax Bills Across Terre Haute, Vigo County, Indiana
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
47802 | $495 | $835 | $1,359 | $2,157 | $3,261 |
47803 | $586 | $865 | $1,323 | $2,010 | $2,984 |
47804 | $369 | $629 | $889 | $1,256 | $1,752 |
47805 | $349 | $684 | $1,143 | $1,809 | $2,688 |
47807 | $427 | $617 | $892 | $1,386 | $2,091 |
47808 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
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Vigo Tax Assessor | |
Website | beacon.schneidercorp.com |