Montgomery County Property Taxes

Montgomery County, Indiana

Effective Tax Rate

0.00%

12.7% below state avg

Median Annual Tax

$0

$87/mo escrow

#36 of 92 counties in Indiana

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.63%

vs. Indiana Avg12.7% below
vs. National Avg61.1% below

At a Glance

Median Home Value

$166,300

State avg $178,101

Tax w/ Mortgage/yr

$1,044

$87/mo escrow

Tax w/o Mortgage/yr

$1,053

$88/mo

State Tax Rate Rank

#36

of 92 counties (1 = lowest)

Data Story

About Property Taxes in Montgomery County, Indiana

Montgomery County below national tax median

Montgomery County's 0.630% effective tax rate sits well below the 1.1% national median, keeping homeowners in the lower-tax range. The median property tax of $1,047 is 61% lower than the national median of $2,690.

Montgomery slightly below state average

Montgomery County's 0.630% effective rate ranks just below Indiana's 0.671% average, placing it among the state's more affordable counties. The $1,047 median tax bill is well below the state median of $1,199.

Montgomery moderately taxed locally

Montgomery County's 0.630% rate falls between Miami (0.578%) and Marshall (0.683%), positioning it as a moderate option in central Indiana. Compared to higher-taxed Marion and Newton counties, Montgomery offers better value.

Affordable taxes on typical home

A Montgomery County homeowner with a median-valued property of $166,300 pays roughly $1,047 per year in property taxes. This consistent rate applies equally to mortgaged and free-and-clear properties.

Contest your assessment if inflated

Many Montgomery County homeowners are overassessed and eligible to appeal their valuations. A successful assessment challenge is free to pursue and could trim your annual tax bill further.

How Montgomery County Compares

Median Annual Property Tax

Montgomery County$1,047
Indiana State Average$1,199
National Average$1,924

Montgomery County

0.63%

Effective rate

Indiana Avg

0.67%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Montgomery County, Indiana?
The effective property tax rate in Montgomery County, Indiana is 0.63%. 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 Montgomery County?
The median annual property tax payment in Montgomery County is $1,047. Homeowners with a mortgage pay a median of $1,044, while those without a mortgage pay $1,053.
How does Montgomery County compare to the Indiana average?
Montgomery County's effective tax rate of 0.63% is lower than the Indiana state average of 0.67%. The median annual property tax in Montgomery County is $1,047, compared to the state average of $1,199.
What is the median home value in Montgomery County, Indiana?
The median home value in Montgomery County, Indiana is $166,300, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is Montgomery County a low property tax area in Indiana?
Yes — Montgomery County's effective property tax rate of 0.63% is below the Indiana average of 0.67%. The median annual property tax of $1,047 is also lower the state average of $1,199, making it a relatively affordable area for property taxes.
How does Montgomery County rank for property taxes in Indiana?
Montgomery County ranks #36 out of 92 counties in Indiana by effective property tax rate (1 = lowest). With a rate of 0.63% and median annual tax of $1,047, 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.