Spencer County Property Taxes
Spencer County, Indiana
Effective Tax Rate
0.00%
5.1% below state avgMedian Annual Tax
$0
$95/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.63%
At a Glance
Median Home Value
$180,200
State avg ▲ $178,101
Tax w/ Mortgage/yr
$1,205
$100/mo escrow
Tax w/o Mortgage/yr
$1,009
$84/mo
State Tax Rate Rank
#37
of 92 counties (1 = lowest)
Data Story
About Property Taxes in Spencer County, Indiana
Spencer County taxes rank well nationally
Spencer County's effective tax rate of 0.631% sits well below the national median of 0.84%, placing homeowners in a favorable position compared to most U.S. counties. The median property tax here is $1,138 annually—less than half the national median of $2,690—thanks to both lower tax rates and more modest home values.
Below average for Indiana
Spencer County's 0.631% effective rate runs slightly lower than Indiana's state average of 0.671%, though its median tax of $1,138 tracks closely with the state median of $1,199. The county ranks in the middle tier statewide—neither among the lowest nor highest tax burdens.
Competitive with nearby counties
Spencer County's tax rate of 0.631% sits between Starke County's 0.603% and St. Joseph County's 0.867%. Among the eight-county region, Spencer offers a moderate tax environment, closer to lower-tax neighbors like Starke but cheaper than the higher-rate St. Joseph County.
What Spencer homeowners pay yearly
On a median home value of $180,200, Spencer County homeowners pay about $1,138 in annual property taxes. With a mortgage, that figure rises to $1,205; without one, it drops to $1,009—a difference driven by assessed valuations and exemptions.
Review your assessment
If your property taxes seem high, you may be overassessed. Spencer County homeowners can request a reassessment through the county assessor's office to ensure their valuation reflects current market conditions and eligible tax breaks.
How Spencer County Compares
Median Annual Property Tax
Spencer 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 Spencer County, Indiana?
How much are property taxes in Spencer County?
How does Spencer County compare to the Indiana average?
What is the median home value in Spencer County, Indiana?
Is Spencer County a low property tax area in Indiana?
How does Spencer County rank for property taxes in Indiana?
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.