Indiana · FIPS 18107 · ACS 2020–2024
Montgomery County, Indiana property tax rate
Homeowners in Montgomery County paid a median of $1,116 a year in real estate taxes on a median home value of $171,800 (2020–2024 survey). Taxes came to 0.64% of home value, 16% below the Indiana rate of 0.76% and 32% below the U.S. rate of 0.94%.
- 0.64%Effective tax rate±0.07% margin · Indiana: 0.76%
- $1,116Median tax per yearIndiana: $1,614 · U.S.: $3,119
- $171,800Median home valueIndiana: $218,200
- 12,524Owner-occupied homes80% of households own
| Measure | Montgomery County | Indiana | U.S. | Montgomery County 2019–2023 | Change |
|---|---|---|---|---|---|
| Effective tax rate | 0.64% | 0.76% | 0.94% | 0.63% | +0.01 pts |
| Median tax, all owners | $1,116 | $1,614 | $3,119 | $1,047 | +$69 (+6.6%) |
| Median tax, with a mortgage | $1,174 | $1,698 | $3,489 | $1,044 | +$130 (+12.5%) |
| Median tax, no mortgage | $995 | $1,451 | $2,576 | $1,053 | −$58 (-5.5%) |
| Median home value | $171,800 | $218,200 | $332,700 | $166,300 | +$5,500 (+3.3%) |
| Total taxes paid | $16,999,700 | $3,851,279,300 | $360,573,527,500 | $15,305,800 |
How Montgomery County compares
- Per $1,000 of home value, owners here paid about $6.36 a year, against $7.60 statewide and $9.40 nationally.
- Rank in Indiana: 40 of 91 counties from lowest to highest effective rate (among those with reliable estimates). Nationally, 36% of 2,682 counties had a lower rate.
- Homes with a mortgage: 0.66% of value; homes without one: 0.59%. Median bills: $1,174 and $995.
- Compared with the 2019–2023 survey, the effective rate rose (+0.01 pts) and the median tax changed +$69 (+6.6%). The two 5-year surveys share four years of responses, so year-to-year moves are small and partly noise.
- Margin of error: the effective rate is 0.64% ± 0.07% at 90% confidence, from a sample of the 12,524 owner-occupied homes.
Indiana counties with similar rates
| County | Effective rate | Median tax | Median value |
|---|---|---|---|
| Tipton County | 0.63% | $1,139 | $174,600 |
| Crawford County | 0.63% | $880 | $117,700 |
| Kosciusko County | 0.63% | $1,303 | $216,000 |
| Perry County | 0.63% | $1,106 | $163,400 |
| Clinton County | 0.64% | $980 | $164,100 |
| Owen County | 0.64% | $1,145 | $172,400 |
| Jefferson County | 0.64% | $1,252 | $194,600 |
| Starke County | 0.65% | $967 | $157,700 |
Sources
- U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, table-based summary file: B25090 (aggregate real estate taxes), B25082 (aggregate home value), B25103 (median real estate taxes), B25077 (median home value) and B25003 (tenure); files dated January 29, 2026.
- U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates, same tables (files dated October 31, 2024), for the comparison column.
- Geography names: Census Bureau Geos20245YR.txt (file dated January 22, 2026).
Effective rate = total real estate taxes paid by owner-occupied homes ÷ their total value, as reported by owners to the Census Bureau. It is not a millage rate. Your bill depends on your assessed value, exemptions (such as homestead) and local levies.