| Hamilton County Property Tax Summary | ||||||||||
| Pay 1977 to Pay 2004 | ||||||||||
| Pay | Avg. Gross | Prop. Tax | Avg. Net | |||||||
| Year | Assessed Value | Gross Levy | Rate | Rep. Credits | Net Levy | Rate | PTRC % | |||
| 1977 | 214,794,720 | 17,400,266 | 8.1009 | 3,482,430 | 13,917,836 | 6.4796 | 20.0 | |||
| 1978 | 232,933,320 | 19,424,459 | 8.3391 | 3,885,547 | 15,538,912 | 6.6710 | 20.0 | |||
| 1979 | 251,274,110 | 20,145,495 | 8.0173 | 4,029,597 | 16,115,898 | 6.4137 | 20.0 | |||
| 1980 | 360,640,755 | 24,706,149 | 6.8506 | 4,942,422 | 18,600,641 | 5.1577 | 20.0 | |||
| 1981 | 394,024,650 | 28,316,737 | 7.1865 | 5,663,396 | 22,653,341 | 5.7492 | 20.0 | |||
| 1982 | 414,864,220 | 30,530,738 | 7.3592 | 6,114,736 | 24,416,002 | 5.8853 | 20.0 | |||
| 1983 | 420,773,620 | 31,303,281 | 7.4395 | 6,271,936 | 25,031,345 | 5.9489 | 20.0 | |||
| 1984 | 435,713,850 | 32,802,037 | 7.5283 | 6,553,470 | 26,248,567 | 6.0243 | 20.0 | |||
| 1985 | 457,936,190 | 35,498,374 | 7.7518 | 6,243,315 | 29,255,059 | 6.3885 | 17.6 | |||
| 1986 | 491,095,180 | 41,998,066 | 8.5519 | 7,086,223 | 34,911,843 | 7.1090 | 16.9 | |||
| 1987 | 518,944,920 | 46,097,349 | 8.8829 | 7,286,437 | 38,810,912 | 7.4788 | 15.8 | |||
| 1988 | 558,339,610 | 52,788,369 | 9.4545 | 8,039,724 | 44,748,645 | 8.0146 | 15.2 | |||
| 1989 | 649,825,300 | 60,871,861 | 9.3674 | 8,078,361 | 52,793,500 | 8.1243 | 13.3 | |||
| 1990 | 935,175,980 | 72,419,125 | 7.7439 | 9,372,775 | 63,046,350 | 6.7417 | 12.9 | |||
| 1991 | 1,063,868,510 | 83,804,281 | 7.8773 | 9,521,829 | 74,282,452 | 6.9823 | 11.4 | |||
| 1992 | 1,140,366,170 | 98,724,721 | 8.6573 | 10,527,915 | 88,196,806 | 7.7341 | 10.7 | |||
| 1993 | 1,223,883,010 | 113,303,214 | 9.2577 | 12,535,709 | 100,767,505 | 8.2334 | 11.1 | |||
| 1994 | 1,324,785,720 | 121,470,482 | 9.1691 | 13,980,248 | 107,490,234 | 8.1138 | 11.5 | |||
| 1995 | 1,429,434,330 | 133,353,855 | 9.3291 | 14,199,701 | 119,154,154 | 8.3358 | 10.6 | |||
| 1996 | 1,873,090,520 | 149,796,421 | 7.9973 | 15,862,070 | 133,934,351 | 7.1504 | 10.6 | |||
| 1997 | 2,020,961,904 | 168,693,992 | 8.3472 | 17,948,316 | 150,745,676 | 7.4591 | 10.6 | |||
| 1998 | 2,183,276,983 | 183,976,140 | 8.4266 | 18,946,788 | 165,029,352 | 7.5588 | 10.3 | |||
| 1999 | 2,372,357,152 | 201,947,647 | 8.5125 | 20,613,446 | 181,334,201 | 7.6436 | 10.2 | |||
| 2000 | 2,579,848,474 | 219,868,563 | 8.5225 | 22,581,395 | 197,287,168 | 7.6472 | 10.3 | |||
| 2001 | 2,776,840,034 | 236,039,896 | 8.5003 | 25,437,188 | 210,602,708 | 7.5843 | 10.8 | |||
| 2002 | 9,066,815,572 | 258,938,164 | 2.8559 | 28,519,400 | 230,418,764 | 2.5413 | 11.0 | |||
| 2003 | 15,035,820,947 | 281,498,112 | 1.8722 | 64,728,776 | 216,769,336 | 1.4417 | 23.0 | |||
| 2004 | 15,622,974,479 | 319,559,083 | 2.0454 | 71,125,646 | 248,433,437 | 1.5902 | 22.3 | |||
| Notes: Includes property taxes of all local governments within the county. Assessed Value was divided by three from 1977 through 2001. | ||||||||||
| Gross Tax Rate is Gross Levy, divided by Assessed Value, times one hundred. Net Tax Rate is Net Levy, divided by Assessed Value, | ||||||||||
| times one hundred. Both are expressed as "dollars per $100 assessed value." PTRC% is Property Tax Replacement Credits as a percentage | ||||||||||
| of the Gross Levy. Net Levy calculation does not include state and local homestead credits. | ||||||||||
| Pay year is the year property taxes are paid, on assessed values from the year before. | ||||||||||
| Source: Prepared by Larry DeBoer, Purdue University, from Indiana Legislative Services Agency, | ||||||||||
| Handbook of Taxes, Revenues and Appropriations, annual. | ||||||||||