Posey County Property Taxes

Posey County, Indiana

Effective Tax Rate

0.00%

14.3% above state avg

Median Annual Tax

$0

$114/mo escrow

#35 of 92 counties in Indiana

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.63%

vs. Indiana Avg14.3% above
vs. National Avg49.1% below

At a Glance

Median Home Value

$218,000

State avg $178,101

Tax w/ Mortgage/yr

$1,412

$118/mo escrow

Tax w/o Mortgage/yr

$1,272

$106/mo

State Tax Rate Rank

#35

of 92 counties (1 = lowest)

Data Story

About Property Taxes in Posey County, Indiana

Posey's taxes rank low nationally

With an effective tax rate of 0.628%, Posey County homeowners pay far less than the national median of 0.95% — putting this county in the bottom 15% of all U.S. counties. The median property tax here is $1,370 annually, compared to a national median of $2,690.

Below Indiana's statewide average

Posey's 0.628% effective rate sits below Indiana's state average of 0.671%, ranking it in the middle-to-lower range among the state's 92 counties. The median tax of $1,370 is slightly above the state median of $1,199, reflecting moderate home values of $218,000.

Competitive with neighboring counties

Posey's rate of 0.628% is lower than nearby Ripley County (0.576%) and Randolph County (0.831%), placing it squarely in the region's middle tier. Home values in Posey ($218,000) run higher than most regional neighbors, explaining the slightly elevated median tax despite a below-average rate.

Your annual Posey property tax bill

On a home valued at $218,000, the median property tax is $1,370 per year ($114 monthly). With a mortgage, expect closer to $1,412 annually; without one, roughly $1,272.

You might be overassessed

Many Indiana homeowners, including those in Posey County, pay more than they owe due to assessment errors. Consider reviewing your assessment at your county assessor's office — a successful appeal could reduce your annual bill significantly.

How Posey County Compares

Median Annual Property Tax

Posey County$1,370
Indiana State Average$1,199
National Average$1,924

Posey 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 Posey County, Indiana?
The effective property tax rate in Posey 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 Posey County?
The median annual property tax payment in Posey County is $1,370. Homeowners with a mortgage pay a median of $1,412, while those without a mortgage pay $1,272.
How does Posey County compare to the Indiana average?
Posey County's effective tax rate of 0.63% is lower than the Indiana state average of 0.67%. The median annual property tax in Posey County is $1,370, compared to the state average of $1,199.
What is the median home value in Posey County, Indiana?
The median home value in Posey County, Indiana is $218,000, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is Posey County a low property tax area in Indiana?
Yes — Posey County's effective property tax rate of 0.63% is below the Indiana average of 0.67%. The median annual property tax of $1,370 is also comparable to the state average of $1,199, making it a relatively affordable area for property taxes.
How does Posey County rank for property taxes in Indiana?
Posey County ranks #35 out of 92 counties in Indiana by effective property tax rate (1 = lowest). With a rate of 0.63% and median annual tax of $1,370, 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.