StateRates

Porter County, Indiana property tax

The median homeowner in Porter County, Indiana pays $2,172 a year in property tax on a home worth $261,900, an effective rate of 0.83%. The national effective rate is 0.98%.

Effective rate 0.83% #8 of 92 in Indiana
Median tax bill $2,172 per year
Median home value $261,900 owner-occupied
Median income $85,828 household

What the rate means here

At 0.83%, Porter County taxes property more lightly than the national 0.98%. With a median home at $261,900, that produces a bill of $2,172. Somebody still funds the schools, so it is worth knowing what a low-tax county collects instead.

It ranks #8 of 92 Indiana counties by effective rate, against a statewide 0.74%, and #1,387 nationally. The state runs from 0.93% in Marion County down to 0.41% in Switzerland County.

The median home costs 3.05 times the median household income of $85,828, against 3.86 nationally, which is a comfortable ratio by American standards. 77.21% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. The county has 174,150 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 $2,075 per year at 0.83%
$400,000 home $3,320 per year at 0.83%
$600,000 home $4,980 per year at 0.83%

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

Housing and income

Porter County, Indiana against Indiana and the country
Porter County Indiana United States
Effective property tax 0.83% 0.74% 0.98%
Median tax bill $2,172 $1,496 $2,969
Median home value $261,900 $201,600 $303,400
Median gross rent $1,146 $1,020 $1,348
Median household income $85,828 $70,051 $78,538
Home price to income 3.05× 2.88× 3.86×
Rent as share of income 16.02% 17.47% 20.6%
Owner-occupied 77.21% 70.35% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 174,150.

Nearby counties of similar size

Other Indiana counties
County Rate Median bill Home value
Hendricks County 0.83% $2,344 $281,500
Vanderburgh County 0.82% $1,420 $172,300
Johnson County 0.72% $1,875 $260,400
Tippecanoe County 0.62% $1,355 $217,600
Elkhart County 0.82% $1,592 $194,400

Porter County property tax: common questions

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

The effective rate is 0.83% of home value, from a median tax bill of $2,172 against a median home value of $261,900. That is 0.15 points below the national 0.98%.

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

Roughly $3,320 a year at the county effective rate of 0.83%.

Is Porter County expensive compared with the rest of Indiana?

It ranks #8 of 92 Indiana counties by effective property tax rate, and #1387 of 2,826 nationally. That is 0.09 points above the Indiana average of 0.74%.

What does housing cost in Porter County?

The median home is worth $261,900 and median gross rent is $1,146 a month. Median household income is $85,828, which puts the home at 3.05 times annual income and rent at 16.02% of it.