Indiana · County property tax · ACS 2024
Hancock County Property Taxes
The median homeowner in Hancock County pays $1,806 a year, an effective rate of 0.66%, modestly below the U.S. average.
- $1,806
- Median tax / yr · Above-median bill
- 0.66%
- Effective rate · Below-median rate
- -9%
- vs U.S. average
- #47 of 92
- rank in IN
The verdict
Homeowners in Hancock County pay a median $1,806 a year in property tax, an effective rate of 0.66%, more affordable than 64% of U.S. counties (Census ACS 2024).
- $1,806
- Median annual tax bill, 2024
- 0.66%
- Effective rate on median home
- #1116 of 3135
- U.S. counties by tax burden
- -9%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($274,800). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for Indiana. Population: 84,037. Owner-occupied homes: 26,619.
The median annual property tax in Hancock County is $1,806, which is 12% higher than the Indiana state average and 9% below the national average. The effective tax rate is 0.66% on a median home value of $274,800. Property taxes represent 1.9% of the median household income in this county.
Hancock County's rate standing among U.S. counties
Primary signal
The effective rate sits near the national middle
Hancock County's 0.66% effective rate sits near the middle of 3,135 tracked counties (more affordable than 64%).
Decision signal 2
Income carries a light tax share
Property taxes in Hancock County run a bit below the commonly cited 2%-4% national benchmark, at about 1.9% of the $93,186 median household income.
Decision signal 3
The bill is near the usual comparison points
Homeowners in Hancock County pay a median annual property tax of $1,806, modestly below the national median and notably higher than the Indiana state median. On a $274,800 median home, that works out to an effective rate of 0.66% once the local assessment base and millage are combined.
Decision signal 4
Near the middle of Indiana counties by effective rate
Hancock County ranks #47 of 92 counties in Indiana by effective rate (49% of in-state counties pay a lower rate).
Informational notice
Figures describe the median homeowner household in Hancock County as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.
The rate gave way faster than almost anywhere
Between the 2020 and 2024 releases the median home value in Hancock County rose 53.3%, from $179,300 to $274,800. The effective rate fell 21.2% over the same span, a steeper move than in 86% of U.S. counties.
The median bill still rose 20.8%, to $1,806. Where the rate drops this far and the bill rises anyway, what changed is the value the rate is applied to.
Effective rate is the published median bill divided by the published median home value, so the two multiply back to the bill exactly; the rate's movement here is derived from those two figures rather than read from the rounded published rate. Both are ACS 5-year survey estimates for the median owner-occupied household, compared across non-overlapping releases. They describe what the Census published, not a local policy, assessment, or exemption change.
How to read this county's bill
Bills rose across 2020-2024, from $1,495 to $1,806, a gain of 21%. This is a comparison of published ACS medians, not an explanation of a particular property's assessment or tax bill.
The fullest band here is the $800 to $1,499 range, holding 7,134 of 26,619 owner-occupied homes (26.8%). The band shows where the largest share of reported owner-occupied households falls; it is not an individual-bill estimate.
Top-quartile earnings meet a below-median rate, putting the median bill at 1.9% of median household income. Counties in this position span a wide range on the ratio above, because the dollar bill tracks home values rather than the rate.
The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.
What Hancock County Homeowners Actually Pay
The single largest group of Hancock County homeowners, 7,134 of 26,619 owner-occupied homes (26.8%), pays $800 to $1,499 a year. The median is one point in this spread, not a typical bill.
- Less than $800 11.8% (3,149)
- $800 to $1,499 26.8% (7,134)
- $1,500 to $1,999 16.9% (4,506)
- $2,000 to $2,999 21.2% (5,632)
- $3,000 or more 21.3% (5,657)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
541 homes here (2.0%) report no real estate tax at all. Exemptions are set by state: how Indiana handles assessments and appeals.
With vs Without Mortgage
Mortgaged and non-mortgaged homeowners in Hancock County pay about the same bill, within a 2% gap either way.
Hancock County's effective rate vs peers
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Hancock County's effective rate is higher than 49% of the 92 counties in Indiana - ranking #47 of 92.
Where Hancock County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
0.66% Among the most affordable more affordable than 64% of 3,135 U.S. counties
Show national distribution
Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2024
Hancock County vs Benchmarks
| Metric | Hancock County | Indiana Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Above-median bill | |||
| Effective Tax Rate Below-median rate | |||
| Median Home Value | |||
| Tax as % of income Below-median income burden | 1.9% | - | - |
Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.
Hancock County is QUIET · MID on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Indiana counties.
Hancock County rate trail · QUIET
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $1,806 +2.8% | 0.66% |
| 2023 | $1,756 +6.3% | 0.68% |
| 2022 | $1,652 +8.1% | 0.70% |
| 2021 | $1,528 +2.2% | 0.78% |
| 2020 | $1,495 | 0.83% |
Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.
Hancock County: tax takes only 1.9% of income
Counties near Hancock County's effective rate
On effective rate, Hancock County sits nearest Laurens County (GA), Tuolumne County (CA), Orange County (CA).
On published median-tax change, the nearest matches are Burleigh County (ND), Johnson County (IL), Haskell County (OK).
How peers are chosen
These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.
Similar effective rates
Similar published median-tax changes, 2020–2024
Hancock County: only 6% of returns show Schedule A real-estate tax
Tax year 2022: 2,470 of 42,380 returns from Hancock County reported real estate taxes, averaging $3,198 - 40% of those reporters sat in the $100-200k AGI band.
What this IRS county file does not say
Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.
Other Counties in Indiana
Hancock County rate FAQs
- What is the tax affordability score for Hancock County?
- Hancock County, Indiana scores C+ (64/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is mortgage premium at A+ ($-29). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
- What is the average property tax in Hancock County, Indiana?
- The median annual property tax in Hancock County is $1,806, an effective rate of 0.66% on a $274,800 median home (Census ACS, 2024).
- What percentage of income goes to property taxes in Hancock County?
- Property taxes in Hancock County run a bit below the commonly cited 2%-4% national benchmark, at about 1.9% of the $93,186 median household income.
- How does Hancock County property tax compare to the national average?
- Property taxes in Hancock County run modestly below the national median of $1,993, an effective rate of 0.66% versus 0.92% nationally.
- Are property taxes increasing in Hancock County?
- The ACS median property-tax bill for Hancock County jumped 20.8% between the 2020 and 2024 5-year releases, from $1,495 to $1,806, a 4-year span. These are survey estimates covering five years each, so this compares the two releases furthest apart rather than consecutive ones, which overlap and would mostly measure the same households twice.
What to do with Hancock County's QUIET rate
At Hancock County's 0.66% effective rate, a $274,800 home implies about $1,806/yr - plug in your own assessed value rather than quoting the county median. Estimate your bill →
Income burden is light here: about 1.9% of Hancock County's $93,186 median household income goes to the property-tax bill.
Nationwide peers by effective rate (then bill)
Rate-first peers for Hancock County's QUIET effective rate, then a disjoint out-of-state bill set so the two neighborhoods stay distinct.
Similar effective rate
Nearest out-of-state counties by ACS effective rate. This county: 0.66%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $1,806/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Hancock County
Nearest ABS(median_tax) ACS peers for Hancock County (QUIET · MID), replacing the old fixed Keep exploring strip.
QUIET MID
Crawford County, IL
ABS(median_tax) peer · tied with Hancock County at $1,806/yr; rate 1.49% vs Hancock County 0.66%.
Marion County, FL
ABS(median_tax) peer · tied with Hancock County at $1,806/yr; rate 0.74% vs Hancock County 0.66%.
Rogers County, OK
ABS(median_tax) peer · tied with Hancock County at $1,806/yr; rate 0.75% vs Hancock County 0.66%.
Wadena County, MN
ABS(median_tax) peer · tied with Hancock County at $1,806/yr; rate 1.04% vs Hancock County 0.66%.
Indiana county set
State ACS overview for every published Indiana county rate and median bill.
Assessment cycle basics
Hancock County stamps QUIET · MID - how assessed value and millage become the ACS median bill.
Data vintage and method
Data as of 2024. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates.
Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.
Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Hancock County (QUIET · MID) - ACS medians, not a parcel bill.