Property Tax in Floyd County, Indiana

What the Floyd County numbers mean

Read the two medians together: $1,656 is the middle tax bill among owner-occupied households in Floyd County, and $235,100 is the middle home value. Neither figure describes a specific property — together they describe the typical homeowner's situation in the county.

The derived effective rate for Floyd County is 0.70% (median tax ÷ median value). Treat it as an estimate for comparison only: it comes from survey medians of different households, not from the county's rate schedule.

Floyd County by the numbers

*Estimate derived from Census medians (tax ÷ value), not an official rate.

Floyd County at a glance

• Median tax rank in Indiana: #11 of 92 counties
• Median home value rank in Indiana: #11 of 92
• Population rank in Indiana: #21 of 92 (80,512 residents)
• Population density rank: #7 of 92 (542 people per square mile)
• Land area rank in Indiana: #91 of 92 (148 sq mi, 0.4% of the combined county land area)
• Median tax as a monthly figure: $138; per $1,000 of home value: $0.70

How Floyd County compares

The median tax bill in Floyd County is about 11% higher than the state median ($1,496 for Indiana) and about 44% lower than the US median ($2,969 nationally). By median taxes paid, the county ranks #11 out of 92 Indiana counties with published Census data — 10 counties in the state have a higher median bill.

Comparisons cut both ways: a county can have a modest rate but high bills because homes are expensive, or a high rate but modest bills because homes are cheaper. Floyd County's derived rate of 0.70% sits below the derived US figure of 0.98%.

Some extra context for Floyd County: the median bill works out to about $138 a month, and the derived rate equals roughly $704 of tax per $100,000 of home value. The county is home to 80,512 people — the #21 most populous county in Indiana, spread over 148 square miles, a density of about 542 people per square mile. Its median home value, $235,100, ranks #11 among the state's 92 counties with data.

Nationally, Floyd County's median bill of $1,656 ranks #1445 of 3133 counties with published data — inside the top 46% of counties by tax paid. The county accounts for about 1.2% of Indiana's population, its median home value is about 17% above the state median, and at the derived rate the median home would hand over roughly 7.04% of its value in tax across a decade. Within the state, the distance from Floyd County to the most expensive county, Hamilton County ($3,340), is $1,684 a year.

Counties nearest Floyd County in the Indiana ranking

Floyd County and its population peers

For a like-for-like sense of scale, compare Floyd County with its national population peers: the counties nearest to its 80,512 residents, listed in the table below with their own Census medians. Of the 9 counties in that group, Floyd County's median bill of $1,656 is #5 of 9.

The closest population match is Caldwell County, North Carolina (80,618 residents), where the median real estate tax paid is $1,112 on a median home value of $174,000 — $544 more than Floyd County pays.

Floyd County's nearest population neighbours within Indiana are Bartholomew County (82,881 residents, median tax $1,597 on a median value of $221,100); Hancock County (82,013 residents, median tax $1,756 on a median value of $258,100); Kosciusko County (80,357 residents, median tax $1,198 on a median value of $200,300); Boone County (72,827 residents, median tax $2,725 on a median value of $341,800). 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

As an illustration of the arithmetic: at Floyd County's derived rate of 0.70%, a home valued at $400,000 would carry a tax bill of roughly $2,816 a year. That is only an illustration using the derived rate — a real bill is computed from the property's assessed value, its exemptions, and the combined rates of its specific taxing districts, so it can be higher or lower.

The usual sequence is: the local assessor values the property; exemptions are applied; the taxable value is multiplied by the combined local rates; and the county bills and collects the tax, distributing it to the schools, municipalities and districts that levied it.

Illustrative bills in Floyd County at the derived rate

The derived rate of 0.70% is only an estimate built from medians, but applying it to different home values gives a sense of scale for Floyd County — and a quick way to compare with the state derived rate of 0.74% and the US figure of 0.98%:

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 Floyd County

If your bill looks wrong, work through these steps:

1. Get your property record card from the assessor and check the basics — living area, lot size, bedrooms, condition, and any exemptions you should have.
2. Compare your assessed value with recent sale prices of similar homes in Floyd County.
3. Talk to the assessor's office informally first; clear errors are often fixed without a hearing.
4. If needed, file a formal appeal with the local review board before the deadline on your assessment notice, with your evidence attached.
5. Keep paying the bill as issued while the appeal runs, unless your notice says otherwise — unpaid taxes accrue penalties regardless of an appeal.

More Indiana counties

• Kosciusko County, IN — $1,198
• Hancock County, IN — $1,756
• Bartholomew County, IN — $1,597
• Howard County, IN — $1,110
• Boone County, IN — $2,725
• Morgan County, IN — $1,056

Frequently asked questions