Property Tax & Income in Ripley County, Indiana
Ripley County has an effective property tax rate of 0.56%. On the median home value of $222,500, that's roughly $1,250 per year. Median household income is $70,573.
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 | Ripley County | Indiana (state context) |
|---|---|---|
| Effective property tax rate1 | 0.56% | 0.66% |
| Median home value1 | $222,500 | — |
| 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 Ripley County, IN
In Ripley County, Indiana, buying a home comes with a lighter tax load than much of the state and country. The median home value here sits at $222,500, and the annual real-estate tax bill on that property runs about $1,250 — an effective rate of 0.562%. That's below Indiana's statewide median of 0.657%, and it ranks 74th out of the state's 92 counties, so only a minority of Hoosier counties tax property more gently. Nationally, the picture looks even better: the U.S. median effective rate is 0.794%. Households here earn a median of $70,573, with per-capita income at $35,537. Towns like Friendship, Holton, and Morris dot the county, offering small-community living at prices and tax levels that stretch a paycheck further than many buyers might expect.