Property Tax in Boone County, Indiana
In Boone County, Indiana, the typical homeowner pays $2,725 a year in property taxes on a home worth a median of $341,800. The figures on this page are the Census Bureau's published medians (US Census Bureau, American Community Survey (ACS) 5-year estimates, 2023), shown exactly as released.
What the Boone County numbers mean
A median is the middle household: half of owner-occupied households in Boone County pay more than $2,725, and half pay less. Your own bill is set by your home's assessed value, the exemptions you qualify for, and the local taxing districts your property sits in — so individual bills vary widely around the median.
Dividing the median tax by the median home value gives a derived effective rate of 0.80% for Boone County. It is an estimate built from two survey medians, not the county's official rate, but it is a fair way to compare the local tax burden with other counties where home values are very different.
The key figures for Boone County
| Measure | Boone County |
|---|---|
| Median real estate taxes paid per year | $2,725 |
| Median home value | $341,800 |
| Derived effective rate* | 0.80% |
| Equivalent monthly tax | $227 |
| Tax per $100,000 of value (derived) | $797 |
| Illustrative tax on a $400,000 home (derived rate) | $3,188 |
For context, the Indiana medians are $1,496 of tax on $201,600 of value, and the US medians are $2,969 on $303,400. *Derived figures are estimates from Census medians, not official rates.
Boone County at a glance
- Median tax rank in Indiana: #2 of 92 counties
- Median home value rank in Indiana: #2 of 92
- Population rank in Indiana: #23 of 92 (72,827 residents)
- Population density rank: #23 of 92 (172 people per square mile)
- Land area rank in Indiana: #28 of 92 (422 sq mi, 1.2% of the combined county land area)
- Median tax as a monthly figure: $227; per $1,000 of home value: $0.80
How Boone County compares
Of the 92 Indiana counties with published data, 1 have a higher median property tax bill than Boone County's $2,725, putting the county at #2 in the state. Its bill is about 82% higher than the state median of $1,496 and about 8% lower than the national median of $2,969.
Rates and values pull in opposite directions: an expensive housing market can produce big bills at ordinary rates. Here the derived rate is 0.80%, versus 0.98% derived nationally, and the median home value ranks #2 within Indiana.
Some extra context for Boone County: the median bill works out to about $227 a month, and the derived rate equals roughly $797 of tax per $100,000 of home value. The county is home to 72,827 people — the #23 most populous county in Indiana, spread over 422 square miles, a density of about 172 people per square mile. Its median home value, $341,800, ranks #2 among the state's 92 counties with data.
Zooming out: of 3133 counties nationwide with published Census figures, only 566 record a higher median tax bill than Boone County — it sits in the top 18% nationally. The county holds roughly 1.1% of Indiana's people. Its homes are worth more than the state norm (median $341,800 versus $201,600), and a decade at the derived rate of 0.80% adds up to about 7.97% of the median home's value in tax. The cheapest county in the state, Clay County, medians $589 — $2,136 less than Boone County per year.
Counties nearest Boone County in the Indiana ranking
| County | Median tax paid | Median home value | Derived rate* |
|---|---|---|---|
| Hamilton County, IN | $3,340 | $379,100 | 0.88% |
| Hendricks County, IN | $2,344 | $281,500 | 0.83% |
| Porter County, IN | $2,172 | $261,900 | 0.83% |
Boone County and its population peers
For a like-for-like sense of scale, compare Boone County with its national population peers: the counties nearest to its 72,827 residents, listed in the table below with their own Census medians. Of the 9 counties in that group, Boone County's median bill of $2,725 is #4 of 9.
| County | Population | Median tax paid | Median home value | Derived rate* |
|---|---|---|---|---|
| Vermilion County, IL | 73,179 | $1,666 | $92,900 | 1.79% |
| Lea County, NM | 73,154 | $824 | $176,000 | 0.47% |
| Scioto County, OH | 73,118 | $1,417 | $132,300 | 1.07% |
| Pottawatomie County, OK | 73,011 | $1,013 | $155,700 | 0.65% |
| Grand Forks County, ND | 72,764 | $2,754 | $244,200 | 1.13% |
| Christian County, KY | 72,599 | $1,065 | $149,200 | 0.71% |
| Lewis and Clark County, MT | 72,580 | $2,886 | $358,200 | 0.81% |
| Wise County, TX | 72,359 | $3,293 | $277,200 | 1.19% |
The closest population match is Grand Forks County, North Dakota (72,764 residents), where the median real estate tax paid is $2,754 on a median home value of $244,200 — $29 less than Boone County pays.
Boone County's nearest population neighbours within Indiana are Floyd County (80,512 residents, median tax $1,656 on a median value of $235,100); Kosciusko County (80,357 residents, median tax $1,198 on a median value of $200,300); Morgan County (72,202 residents, median tax $1,056 on a median value of $220,100); Wayne County (66,377 residents, median tax $1,101 on a median value of $126,100). Comparing them is a reminder that even inside one state's rules, the bill follows local home values and local district rates more than anything decided at the state level.
How the tax is worked out
The bill is built in stages. First the assessor puts a market value on the property. Exemptions — a homestead exemption above all — then reduce the taxable amount. Finally the combined local rate is applied. To see the scale: at the county's derived rate of 0.80%, each $100,000 of value corresponds to about $797 of tax a year, and a $400,000 home to roughly $3,188. Real bills use the official assessment and district rates, not this derived figure, so treat the example as a sense of scale only.
Illustrative bills in Boone County at the derived rate
The derived rate of 0.80% is only an estimate built from medians, but applying it to different home values gives a sense of scale for Boone County — and a quick way to compare with the state derived rate of 0.74% and the US figure of 0.98%:
| Home value | Illustrative tax / year | Per month |
|---|---|---|
| $150,000 | $1,196 | $100 |
| $250,000 | $1,992 | $166 |
| $350,000 | $2,790 | $232 |
| $500,000 | $3,985 | $332 |
| $750,000 | $5,978 | $498 |
Illustration only: real bills are computed from the assessed value, exemptions, and the combined rates of the property's actual taxing districts.
Checking your assessment in Boone County
Believe your assessment is too high? The practical order of attack is: obtain your record card and audit it line by line; collect comparable recent sales in Boone County; ask the assessor's office to correct anything plainly wrong; and, if the value still seems off, lodge a formal appeal ahead of the deadline printed on your assessment notice. Windows are short — often 30 to 90 days — and late appeals are usually rejected outright, however strong the case.
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Frequently asked questions
What is the median property tax in Boone County, Indiana?
The median real estate tax paid in Boone County, Indiana is $2,725 per year, on a median home value of $341,800 (US Census Bureau, American Community Survey (ACS) 5-year estimates, 2023).
What is the effective property tax rate in Boone County, Indiana?
On a derived basis, 0.80%: the county's median tax bill of $2,725 divided by its median home value of $341,800. Because it is calculated from two survey medians, read it as a comparison estimate rather than an official rate.
How does Boone County compare with the rest of Indiana?
Boone County ranks #2 of 92 Indiana counties with published data by median taxes paid. Its median bill of $2,725 is about 82% higher than the Indiana median of $1,496.
How are property taxes calculated in Boone County, Indiana?
Three steps produce the bill: an assessment of market value by the local assessor, a reduction for exemptions you qualify for (a homestead exemption is the common one), and multiplication by the combined rates of the county, municipality, school district and any special districts covering the property. The median result in Boone County is $2,725 of tax on a $341,800 median home value.
Can I appeal my property tax assessment in Boone County, Indiana?
Yes — appeals are handled locally. Start with the Boone County assessor's property record card for your home, correct any factual errors, and back your case with comparable recent sales. Formal appeals go to the review board named on your assessment notice and must be filed by its deadline, typically within 30 to 90 days.