Property Tax & Income in Wayne County, Indiana
Wayne County has an effective property tax rate of 0.81%. On the median home value of $140,200, that's roughly $1,137 per year. Median household income is $55,692.
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 | Wayne County | Indiana (state context) |
|---|---|---|
| Effective property tax rate1 | 0.81% | 0.66% |
| Median home value1 | $140,200 | — |
| 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 Wayne County, IN
Wayne County offers a fairly attainable entry point for buyers, with a median home value of $140,200 and a median annual property tax bill of $1,137. That works out to an effective rate of 0.811%, which sits above Indiana's statewide median of 0.657% and ranks 9th among the state's 92 counties. Nationally, the picture looks more balanced: the county's rate is only slightly higher than the U.S. median of 0.794%. Households here earn a median of $55,692, while per-capita income reaches $32,895. Boston is among the principal communities in the county. For someone weighing a purchase, the lower median home value helps offset the higher-than-average tax rate, since the actual dollars owed remain quite contained.