Monroe County Property Taxes

Monroe County, Indiana

Effective Tax Rate

0.00%

53.2% above state avg

Median Annual Tax

$0

$153/mo escrow

#55 of 92 counties in Indiana

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.70%

vs. Indiana Avg53.2% above
vs. National Avg31.7% below

At a Glance

Median Home Value

$261,700

State avg $178,101

Tax w/ Mortgage/yr

$1,842

$154/mo escrow

Tax w/o Mortgage/yr

$1,826

$152/mo

State Tax Rate Rank

#55

of 92 counties (1 = lowest)

Data Story

About Property Taxes in Monroe County, Indiana

Monroe County taxes moderate nationwide

Monroe County's 0.702% effective tax rate sits below the national median of 1.1%, offering moderate relief compared to American averages. The median annual tax of $1,837 is 32% lower than the national median of $2,690.

Monroe above Indiana state average

Monroe County's 0.702% effective rate ranks slightly above Indiana's 0.671% average, placing it in the upper-middle tier statewide. Despite higher-than-average home values ($261,700), the tax burden remains reasonable.

Monroe moderately taxed regionally

Monroe County's 0.702% rate exceeds most neighbors except Marion (0.929%), making it moderately taxed in central Indiana. The county's higher median home values ($261,700) contribute to its larger tax bills than Marshall or Miami counties.

Monroe homeowners pay moderate taxes

On a median home value of $261,700, Monroe County residents pay approximately $1,837 annually in property taxes. This rate applies consistently whether or not the home carries a mortgage.

Review your assessment regularly

Many Monroe County homeowners are overassessed and have grounds to appeal their tax valuations. The assessment appeal process is free—challenging an inflated valuation could meaningfully reduce your annual bill.

How Monroe County Compares

Median Annual Property Tax

Monroe County$1,837
Indiana State Average$1,199
National Average$1,924

Monroe County

0.70%

Effective rate

Indiana Avg

0.67%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Monroe County, Indiana?
The effective property tax rate in Monroe County, Indiana is 0.70%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Monroe County?
The median annual property tax payment in Monroe County is $1,837. Homeowners with a mortgage pay a median of $1,842, while those without a mortgage pay $1,826.
How does Monroe County compare to the Indiana average?
Monroe County's effective tax rate of 0.70% is higher than the Indiana state average of 0.67%. The median annual property tax in Monroe County is $1,837, compared to the state average of $1,199.
What is the median home value in Monroe County, Indiana?
The median home value in Monroe County, Indiana is $261,700, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Monroe County property tax rate higher than the Indiana average?
Monroe County's effective property tax rate of 0.70% is higher than the Indiana average of 0.67%. This difference of 0.03% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Monroe County rank for property taxes in Indiana?
Monroe County ranks #55 out of 92 counties in Indiana by effective property tax rate (1 = lowest). With a rate of 0.70% and median annual tax of $1,837, it falls in the middle third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Indiana

Data updated: March 2026

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.