Indiana · County property tax · ACS 2024
Posey County Property Taxes
The median homeowner in Posey County pays $1,384 a year, an effective rate of 0.62%, well below the U.S. average.
- $1,384
- Median tax / yr · Below-median bill
- 0.62%
- Effective rate · Below-median rate
- -31%
- vs U.S. average
- #59 of 92
- rank in IN
The verdict
Homeowners in Posey County pay a median $1,384 a year in property tax, an effective rate of 0.62%, more affordable than 69% of U.S. counties (Census ACS 2024).
- $1,384
- Median annual tax bill, 2024
- 0.62%
- Effective rate on median home
- #974 of 3135
- U.S. counties by tax burden
- -31%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($222,900). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for Indiana. Population: 25,116. Owner-occupied homes: 8,668.
The median annual property tax in Posey County is $1,384, which is 14% lower than the Indiana state average and 31% below the national average. The effective tax rate is 0.62% on a median home value of $222,900. Property taxes represent 1.8% of the median household income in this county.
Posey County's rate standing among U.S. counties
Primary signal
The effective rate sits near the national middle
Posey County's 0.62% effective rate sits near the middle of 3,135 tracked counties (more affordable than 69%).
Decision signal 2
The bill sits well below the national median
Homeowners in Posey County pay a median annual property tax of $1,384, well below the national median and notably lower than the Indiana state median. On a $222,900 median home, that works out to an effective rate of 0.62% once the local assessment base and millage are combined.
Decision signal 3
Income carries a light tax share
Property taxes in Posey County run a bit below the commonly cited 2%-4% national benchmark, at about 1.8% of the $78,129 median household income.
Decision signal 4
Near the middle of Indiana counties by effective rate
Posey County ranks #59 of 92 counties in Indiana by effective rate (36% of in-state counties pay a lower rate).
Informational notice
Figures describe the median homeowner household in Posey 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.
A falling rate took the edge off
Posey County's effective rate fell 12.8% across the 4-year span while its median home value rose 47.7%, leaving the median bill 28.7% higher at $1,384. That rate move is larger than the one in 53% of counties, so a good deal of the market's rise never reached the bill.
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
The bill here climbed steeply over 2020-2024, up 29% from $1,075 to $1,384. These ACS medians describe the reported change; they do not identify whether a levy, assessment, home value, or change in the responding households caused it.
The fullest band here is the $800 to $1,499 range, holding 2,738 of 8,668 owner-occupied homes (31.6%). 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 1.8% 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 Posey County Homeowners Actually Pay
The single largest group of Posey County homeowners, 2,738 of 8,668 owner-occupied homes (31.6%), pays $800 to $1,499 a year. The median is one point in this spread, not a typical bill.
- Less than $800 22.3% (1,933)
- $800 to $1,499 31.6% (2,738)
- $1,500 to $1,999 17.7% (1,536)
- $2,000 to $2,999 15.6% (1,348)
- $3,000 or more 9.5% (825)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
288 homes here (3.3%) 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 Posey County pay about the same bill, a 6% gap.
Posey County's effective rate vs peers
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Posey County's effective rate is higher than 36% of the 92 counties in Indiana - ranking #59 of 92.
Where Posey County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
0.62% Among the most affordable more affordable than 69% 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
What changed since 2020
The median bill in Posey County moved from $1,075 in the 2020 release to $1,384 in 2024, a change of about 29%. These are American Community Survey 5-year estimates compared across releases that share only one sample year, which is why this page never compares consecutive releases: those overlap in four years of the same households and move mostly on sampling.
Posey County vs Benchmarks
| Metric | Posey County | Indiana Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Below-median bill | |||
| Effective Tax Rate Below-median rate | |||
| Median Home Value | |||
| Tax as % of income Light income burden | 1.8% | - | - |
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.
Posey County is QUIET · LIGHT on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Indiana counties.
Posey County rate trail · QUIET
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $1,384 +1.0% | 0.62% |
| 2023 | $1,370 +4.9% | 0.63% |
| 2022 | $1,306 +10.8% | 0.65% |
| 2021 | $1,179 +9.7% | 0.71% |
| 2020 | $1,075 | 0.71% |
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.
Posey County: tax takes only 1.8% of income
Counties near Posey County's effective rate
On effective rate, Posey County sits nearest Jefferson County (FL), Dixie County (FL), Tehama County (CA).
On published median-tax change, the nearest matches are Collier County (FL), Cheatham County (TN), Kitsap County (WA).
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
Posey County: only 3% of returns show Schedule A real-estate tax
Tax year 2022: 340 of 12,120 returns from Posey County reported real estate taxes, averaging $2,885 - 41% 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
Posey County rate FAQs
- What is the average property tax in Posey County, Indiana?
- The median annual property tax in Posey County is $1,384, an effective rate of 0.62% on a $222,900 median home (Census ACS, 2024).
- What is the tax affordability score for Posey County?
- Posey County, Indiana scores B- (69/100) 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- (+$78). 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.
- How does Posey County property tax compare to the national average?
- Property taxes in Posey County run well below the national median of $1,993, an effective rate of 0.62% versus 0.92% nationally.
- Are property taxes increasing in Posey County?
- The ACS median property-tax bill for Posey County jumped 28.7% between the 2020 and 2024 5-year releases, from $1,075 to $1,384, 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 percentage of income goes to property taxes in Posey County?
- Property taxes in Posey County run a bit below the commonly cited 2%-4% national benchmark, at about 1.8% of the $78,129 median household income.
What to do with Posey County's QUIET rate
Posey County's $1,384 median bill sits well below the U.S. median - still size a parcel estimate; local millage and exemptions move the real bill. Estimate your bill →
Income burden is light here: about 1.8% of Posey County's $78,129 median household income goes to the property-tax bill.
Nationwide peers by effective rate (then bill)
Rate-first peers for Posey 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: 0.62%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $1,384/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Posey County
Nearest ABS(median_tax) ACS peers for Posey County (QUIET · LIGHT), replacing the old fixed Keep exploring strip.
QUIET LIGHT
Lee County, MS
ABS(median_tax) peer · tied with Posey County at $1,384/yr; rate 0.69% vs Posey County 0.62%.
Montrose County, CO
ABS(median_tax) peer · $1,385/yr (near-tied bill ABS $1); rate 0.36% vs Posey County 0.62%.
Stanly County, NC
ABS(median_tax) peer · $1,385/yr (near-tied bill ABS $1); rate 0.57% vs Posey County 0.62%.
Gila County, AZ
ABS(median_tax) peer · $1,386/yr (near-tied bill ABS $2); rate 0.51% vs Posey County 0.62%.
Grady County (rate-lane contrast)
Near Posey County on ACS median bill yet stamps a different effective-rate lane (0.91% vs 0.62%).
Indiana county set
State ACS overview for every published Indiana county rate and median bill.
Assessment cycle basics
Posey County stamps QUIET · LIGHT - 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 Posey County (QUIET · LIGHT) - ACS medians, not a parcel bill.