County tax profile · 2026 · Census ACS + IRS data

Property Tax & Income in Grant County, Indiana

Q: What is the property tax rate in Grant County, IN?

The effective rate is 0.72% — the median tax bill equals about 0.72% of the median home value.

Q: Will a reassessment raise my property tax bill?

Not necessarily. A higher assessed value can raise the bill only if the mill rate and exemptions stay flat. Contact the county assessor's office to review your current assessment.

Q: Can I appeal my property tax assessment?

Yes. Most counties allow an appeal when the assessed value exceeds market value, filed with the county assessor within the local deadline.

Grant County has an effective property tax rate of 0.72%. On the median home value of $122,300, that's roughly $884 per year. Median household income is $53,522.

Effective Property Tax Rate¹

0.72%

median tax $884 ÷ median home $122,300

Median Home Value¹

$122,300

owner-occupied

Median Household Income¹

$53,522

per-capita $29,423

Est. Annual Tax on Median Home¹

$884

at 0.72% effective rate

What you'll pay, at a glance

Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.

Metric	Grant County	Indiana (state context)
Effective property tax rate¹	0.72%	0.66%
Median home value¹	$122,300	—
State income tax³	top rate 2.95%	top rate 2.95%
State sales tax³	7.00% combined	7.00% combined

How this is calculated

The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)¹. Median income is also from the ACS¹. Federal and state income-tax figures use IRS² and Tax Foundation³ data.

About Grant County, IN

Grant County offers an affordable entry point for buyers, with a median home value of $122,300 and an annual real-estate tax bill of $884. The effective rate of 0.723% sits above Indiana's statewide median of 0.657%, ranking 29th among the state's 92 counties, though it remains below the national median of 0.794%. Households here earn a median of $53,522, and per-capita income reaches $29,423. Around Gas City and Fairmount, that combination of lower home prices and moderate taxes keeps ownership costs within reach for many budgets.

Frequently asked questions

What is the property tax rate in Grant County, IN?

The effective rate is 0.72% — meaning the median tax bill equals about 0.72% of the median home value.

How much are property taxes on a median home?

On the median home ($122,300), the estimated annual bill is about $884.

Is Grant County's rate high or low?

Compare it to the state median of 0.66% and the national average near 1.1%.

How does the effective rate differ from my mill rate?

A mill rate is the nominal levy per $1,000 of assessed value. The effective rate reflects what you actually pay after exemptions and assessments — it's the median tax bill as a share of median home value, so it better predicts your real cost.

Will a reassessment raise my tax bill?

Not necessarily. If your home's assessed value rises, your bill can go up, but only if the mill rate and exemptions stay flat. Contact the Grant County assessor's office to review your current assessment.

Can I appeal my property tax assessment?

Yes. Most counties allow an appeal when you believe the assessed value exceeds the market value. File with the Grant County assessor within the local deadline, typically with comparable sales as evidence.

Sources

^[1] U.S. Census Bureau — ACS 5-Year (2023) — Median home value (B25077), median real-estate taxes (B25103), median household income (B19013), per-capita income (B19301).

^[2] IRS — Statistics of Income — County income, AGI, and real-estate taxes paid.

^[3] Tax Foundation — State income, sales, corporate, and estate/inheritance tax rates.