Property Tax & Income in Newton County, Indiana
Newton County has an effective property tax rate of 0.77%. On the median home value of $171,500, that's roughly $1,323 per year. Median household income is $75,481.
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 | Newton County | Indiana (state context) |
|---|---|---|
| Effective property tax rate1 | 0.77% | 0.66% |
| Median home value1 | $171,500 | — |
| 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 Newton County, IN
Newton County's 0.771% effective property tax rate lands above Indiana's statewide median of 0.657%, placing it 17th among the state's 92 counties. That gap matters for anyone weighing a move within Indiana, since the same home value can carry a noticeably different tax bill depending on the county. Against the national median of 0.794%, however, Newton County sits slightly below average. On a median home value of $171,500, the median annual real-estate tax bill comes to $1,323. With median household income at $75,481 and per-capita income of $33,933, that levy equates to roughly 1.8% of household earnings. Lake Village, Sumava Resorts and Thayer anchor the county, which positions itself as a middle-of-the-pack option nationally but a comparatively higher-tax jurisdiction inside Indiana.