Marion County, Indiana property tax
The median homeowner in Marion County, Indiana pays $1,923 a year in property tax on a home worth $207,000, an effective rate of 0.93%. The national effective rate is 0.98%.
What the rate means here
Marion County taxes property at 0.93%, within a rounding error of the national 0.98%. That makes the $1,923 median bill mostly a statement about local house prices rather than about local tax policy.
Inside Indiana it is one of the most heavily taxed counties there is, ranking #1 of 92, against a statewide 0.74%. At the other end of the same state, Switzerland County charges 0.41%. A spread that wide inside one state is normal, because school districts, not states, set most of the levy.
The median home costs 3.26 times the median household income of $63,450, close to the national 3.86. Incomes run below the national median, and house prices run below it too, which is what keeps the ratio ordinary. With 971,822 residents this is one of the larger counties in the country, so the medians here average across a genuinely varied housing market and hide a lot of local range.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Marion County | Indiana | United States | |
|---|---|---|---|
| Effective property tax | 0.93% | 0.74% | 0.98% |
| Median tax bill | $1,923 | $1,496 | $2,969 |
| Median home value | $207,000 | $201,600 | $303,400 |
| Median gross rent | $1,107 | $1,020 | $1,348 |
| Median household income | $63,450 | $70,051 | $78,538 |
| Home price to income | 3.26× | 2.88× | 3.86× |
| Rent as share of income | 20.94% | 17.47% | 20.6% |
| Owner-occupied | 55.93% | 70.35% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 971,822.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Lake County | 0.93% | $1,987 | $214,700 |
| Allen County | 0.80% | $1,559 | $194,300 |
| Hamilton County | 0.88% | $3,340 | $379,100 |
| St. Joseph County | 0.87% | $1,559 | $179,800 |
| Elkhart County | 0.82% | $1,592 | $194,400 |
Marion County property tax: common questions
What is the property tax rate in Marion County, Indiana?
The effective rate is 0.93% of home value, from a median tax bill of $1,923 against a median home value of $207,000. That is 0.05 points below the national 0.98%.
How much is property tax on a $400,000 home in Marion County?
Roughly $3,720 a year at the county effective rate of 0.93%.
Is Marion County expensive compared with the rest of Indiana?
It ranks #1 of 92 Indiana counties by effective property tax rate, and #1178 of 2,826 nationally. That is 0.19 points above the Indiana average of 0.74%.
What does housing cost in Marion County?
The median home is worth $207,000 and median gross rent is $1,107 a month. Median household income is $63,450, which puts the home at 3.26 times annual income and rent at 20.94% of it.