StateRates

Delaware County, Indiana property tax

The median homeowner in Delaware County, Indiana pays $997 a year in property tax on a home worth $127,600, an effective rate of 0.78%. The national effective rate is 0.98%.

Effective rate 0.78% #18 of 92 in Indiana
Median tax bill $997 per year
Median home value $127,600 owner-occupied
Median income $56,932 household

What the rate means here

At 0.78%, Delaware County taxes property more lightly than the national 0.98%. That puts the median bill at $997. Rates this low usually mean the state, rather than the county, carries more of the school funding.

It ranks #18 of 92 Indiana counties by effective rate, against a statewide 0.74%, and #1,511 nationally. The state runs from 0.93% in Marion County down to 0.41% in Switzerland County.

The median home costs 2.24 times the median household income of $56,932, against 3.86 nationally, which is a comfortable ratio by American standards. 66.49% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. The county has 112,109 residents, which is small enough that the medians describe a reasonably coherent market.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $1,950 per year at 0.78%
$400,000 home $3,120 per year at 0.78%
$600,000 home $4,680 per year at 0.78%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Delaware County, Indiana against Indiana and the country
Delaware County Indiana United States
Effective property tax 0.78% 0.74% 0.98%
Median tax bill $997 $1,496 $2,969
Median home value $127,600 $201,600 $303,400
Median gross rent $874 $1,020 $1,348
Median household income $56,932 $70,051 $78,538
Home price to income 2.24× 2.88× 3.86×
Rent as share of income 18.42% 17.47% 20.6%
Owner-occupied 66.49% 70.35% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 112,109.

Nearby counties of similar size

Other Indiana counties
County Rate Median bill Home value
LaPorte County 0.79% $1,435 $180,700
Vigo County 0.89% $1,256 $140,400
Clark County 0.74% $1,566 $212,400
Madison County 0.76% $1,128 $147,700
Monroe County 0.70% $1,837 $261,700

Delaware County property tax: common questions

What is the property tax rate in Delaware County, Indiana?

The effective rate is 0.78% of home value, from a median tax bill of $997 against a median home value of $127,600. That is 0.2 points below the national 0.98%.

How much is property tax on a $400,000 home in Delaware County?

Roughly $3,120 a year at the county effective rate of 0.78%.

Is Delaware County expensive compared with the rest of Indiana?

It ranks #18 of 92 Indiana counties by effective property tax rate, and #1511 of 2,826 nationally. That is 0.04 points above the Indiana average of 0.74%.

What does housing cost in Delaware County?

The median home is worth $127,600 and median gross rent is $874 a month. Median household income is $56,932, which puts the home at 2.24 times annual income and rent at 18.42% of it.