Vermillion County Property Taxes

Vermillion County, Indiana

Effective Tax Rate

0.00%

34.2% below state avg

Median Annual Tax

$0

$66/mo escrow

#61 of 92 counties in Indiana

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.72%

vs. Indiana Avg34.2% below
vs. National Avg70.7% below

At a Glance

Median Home Value

$109,500

State avg $178,101

Tax w/ Mortgage/yr

$812

$68/mo escrow

Tax w/o Mortgage/yr

$758

$63/mo

State Tax Rate Rank

#61

of 92 counties (1 = lowest)

Data Story

About Property Taxes in Vermillion County, Indiana

Vermillion County offers affordable property taxes

At 0.721% effective rate, Vermillion County residents pay substantially less than the national median of $2,690 annually. The county's lower median home value of $109,500 keeps the typical tax bill to just $789 per year.

Slightly above Indiana's state average

Vermillion's 0.721% rate edges above Indiana's 0.671% average, but its lower home values result in a median tax of $789—well below the state median of $1,199. The county delivers some of Indiana's lowest total tax bills despite a slightly-above-average rate.

Most affordable taxes in west-central Indiana

Vermillion County's combination of moderate rates and modest home values produces the region's lowest median tax bill at $789. Neighboring Parke and Warren counties compete for the title, but Vermillion remains highly affordable.

Median homeowner pays just $789 annually

With a median home value of $109,500 and a 0.721% rate, Vermillion County homeowners enjoy the lowest median tax bill among the profiled counties. Mortgage holders average $812 while those without mortgages pay $758.

Even modest assessments warrant review

Lower tax bills don't mean lower stakes for appeals—every dollar counts in affordable communities. If your assessed value exceeds recent sale prices in your area, file an appeal with the assessor.

How Vermillion County Compares

Median Annual Property Tax

Vermillion County$789
Indiana State Average$1,199
National Average$1,924

Vermillion County

0.72%

Effective rate

Indiana Avg

0.67%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Vermillion County, Indiana?
The effective property tax rate in Vermillion County, Indiana is 0.72%. 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 Vermillion County?
The median annual property tax payment in Vermillion County is $789. Homeowners with a mortgage pay a median of $812, while those without a mortgage pay $758.
How does Vermillion County compare to the Indiana average?
Vermillion County's effective tax rate of 0.72% is higher than the Indiana state average of 0.67%. The median annual property tax in Vermillion County is $789, compared to the state average of $1,199.
What is the median home value in Vermillion County, Indiana?
The median home value in Vermillion County, Indiana is $109,500, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Vermillion County property tax rate higher than the Indiana average?
Vermillion County's effective property tax rate of 0.72% is higher than the Indiana average of 0.67%. This difference of 0.05% 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 Vermillion County rank for property taxes in Indiana?
Vermillion County ranks #61 out of 92 counties in Indiana by effective property tax rate (1 = lowest). With a rate of 0.72% and median annual tax of $789, 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.