StateRates

Steuben County, Indiana property tax

The median homeowner in Steuben County, Indiana pays $1,188 a year in property tax on a home worth $204,300, an effective rate of 0.58%. The national effective rate is 0.98%.

Effective rate 0.58% #71 of 92 in Indiana
Median tax bill $1,188 per year
Median home value $204,300 owner-occupied
Median income $71,483 household

What the rate means here

At 0.58%, Steuben County taxes property more lightly than the national 0.98%. With a median home at $204,300, that produces a bill of $1,188. Somebody still funds the schools, so it is worth knowing what a low-tax county collects instead.

It ranks #71 of 92 Indiana counties by effective rate, against a statewide 0.74%, and #2,137 nationally. The state runs from 0.93% in Marion County down to 0.41% in Switzerland County.

The median home costs 2.86 times the median household income of $71,483, against 3.86 nationally, which is a comfortable ratio by American standards. 80.18% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. With 34,648 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.

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

What that costs at different home values

$250,000 home $1,450 per year at 0.58%
$400,000 home $2,320 per year at 0.58%
$600,000 home $3,480 per year at 0.58%

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

Housing and income

Steuben County, Indiana against Indiana and the country
Steuben County Indiana United States
Effective property tax 0.58% 0.74% 0.98%
Median tax bill $1,188 $1,496 $2,969
Median home value $204,300 $201,600 $303,400
Median gross rent $921 $1,020 $1,348
Median household income $71,483 $70,051 $78,538
Home price to income 2.86× 2.88× 3.86×
Rent as share of income 15.46% 17.47% 20.6%
Owner-occupied 80.18% 70.35% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 34,648.

Nearby counties of similar size

Other Indiana counties
County Rate Median bill Home value
Whitley County 0.70% $1,432 $205,200
Miami County 0.58% $682 $118,000
Daviess County 0.68% $1,276 $187,500
Adams County 0.75% $1,295 $173,100
Jasper County 0.49% $998 $204,400

Steuben County property tax: common questions

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

The effective rate is 0.58% of home value, from a median tax bill of $1,188 against a median home value of $204,300. That is 0.4 points below the national 0.98%.

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

Roughly $2,320 a year at the county effective rate of 0.58%.

Is Steuben County expensive compared with the rest of Indiana?

It ranks #71 of 92 Indiana counties by effective property tax rate, and #2137 of 2,826 nationally. That is 0.16 points below the Indiana average of 0.74%.

What does housing cost in Steuben County?

The median home is worth $204,300 and median gross rent is $921 a month. Median household income is $71,483, which puts the home at 2.86 times annual income and rent at 15.46% of it.