Hancock 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 97,159,940 7,682,608 7.9072 1,641,347 6,041,261 6.2179 21.4
1978 102,029,630 8,091,132 7.9302 1,730,225 6,360,907 6.2344 21.4
1979 109,257,700 8,693,118 7.9565 1,847,036 6,846,082 6.2660 21.2
1980 161,833,324 9,074,403 5.6073 1,931,737 6,754,015 4.1734 21.3
1981 174,523,140 10,871,967 6.2295 2,289,419 8,582,548 4.9177 21.1
1982 177,343,490 11,592,566 6.5368 2,453,473 9,139,093 5.1533 21.2
1983 180,700,370 11,998,563 6.6400 2,560,693 9,437,870 5.2229 21.3
1984 182,588,690 12,666,559 6.9372 2,745,995 9,920,564 5.4333 21.7
1985 186,172,020 13,466,030 7.2331 3,150,857 10,315,173 5.5407 23.4
1986 189,857,390 14,127,933 7.4413 2,884,088 11,243,845 5.9223 20.4
1987 196,652,470 14,002,679 7.1205 2,962,502 11,040,177 5.6141 21.2
1988 201,363,000 15,641,405 7.7678 3,120,795 12,520,610 6.2179 20.0
1989 211,447,660 16,788,051 7.9396 3,306,860 13,481,191 6.3757 19.7
1990 291,676,120 17,516,104 6.0053 3,385,159 14,130,945 4.8447 19.3
1991 301,967,735 20,124,020 6.6643 3,827,867 16,296,153 5.3967 19.0
1992 316,054,535 22,682,762 7.1769 3,764,204 18,918,558 5.9859 16.6
1993 330,564,485 24,656,057 7.4588 4,027,078 20,628,979 6.2405 16.3
1994 342,472,185 26,933,983 7.8646 3,918,460 23,015,523 6.7204 14.5
1995 356,858,100 28,572,716 8.0067 4,343,524 24,229,192 6.7896 15.2
1996 407,456,575 31,957,236 7.8431 4,623,699 27,333,537 6.7083 14.5
1997 427,023,795 34,309,189 8.0345 4,829,133 29,480,056 6.9036 14.1
1998 450,940,680 35,852,193 7.9505 4,883,335 30,968,858 6.8676 13.6
1999 467,579,045 36,895,820 7.8908 5,218,791 31,677,029 6.7747 14.1
2000 498,271,010 40,185,876 8.0651 5,864,696 34,321,180 6.8881 14.6
2001 519,489,195 42,475,869 8.1765 6,055,541 36,420,328 7.0108 14.3
2002 1,616,307,715 48,450,540 2.9976 6,698,285 41,752,255 2.5832 13.8
2003 2,507,298,420 52,259,908 2.0843 13,519,072 38,740,836 1.5451 25.9
2004 2,851,509,330 57,674,021 2.0226 14,502,474 43,171,547 1.5140 25.1
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.