| Wabash 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 | 96,191,695 | 6,492,013 | 6.7490 | 1,403,069 | 5,088,944 | 5.2904 | 21.6 | |||
| 1978 | 100,272,480 | 6,698,148 | 6.6799 | 1,424,711 | 5,273,437 | 5.2591 | 21.3 | |||
| 1979 | 106,795,730 | 7,056,934 | 6.6079 | 1,501,282 | 5,555,652 | 5.2021 | 21.3 | |||
| 1980 | 144,645,527 | 7,327,346 | 5.0657 | 1,555,270 | 5,583,950 | 3.8604 | 21.2 | |||
| 1981 | 151,471,250 | 8,392,311 | 5.5405 | 1,764,549 | 6,627,762 | 4.3756 | 21.0 | |||
| 1982 | 156,898,890 | 8,904,024 | 5.6750 | 1,871,183 | 7,032,841 | 4.4824 | 21.0 | |||
| 1983 | 160,525,010 | 9,123,050 | 5.6833 | 1,960,038 | 7,163,012 | 4.4622 | 21.5 | |||
| 1984 | 161,896,730 | 10,042,832 | 6.2032 | 2,124,362 | 7,918,470 | 4.8911 | 21.2 | |||
| 1985 | 164,614,700 | 11,296,395 | 6.8623 | 2,555,320 | 8,741,075 | 5.3100 | 22.6 | |||
| 1986 | 169,078,120 | 11,840,970 | 7.0033 | 2,603,562 | 9,237,408 | 5.4634 | 22.0 | |||
| 1987 | 166,274,280 | 12,317,772 | 7.4081 | 2,601,221 | 9,716,551 | 5.8437 | 21.1 | |||
| 1988 | 166,876,490 | 13,568,097 | 8.1306 | 2,659,018 | 10,909,079 | 6.5372 | 19.6 | |||
| 1989 | 168,508,010 | 13,714,688 | 8.1389 | 2,551,178 | 11,163,510 | 6.6249 | 18.6 | |||
| 1990 | 213,731,355 | 14,190,271 | 6.6393 | 2,601,134 | 11,589,137 | 5.4223 | 18.3 | |||
| 1991 | 219,715,080 | 15,751,786 | 7.1692 | 2,841,423 | 12,910,363 | 5.8760 | 18.0 | |||
| 1992 | 220,640,425 | 16,330,395 | 7.4014 | 2,978,909 | 13,351,486 | 6.0512 | 18.2 | |||
| 1993 | 224,319,845 | 17,655,791 | 7.8708 | 3,212,024 | 14,443,767 | 6.4389 | 18.2 | |||
| 1994 | 223,998,347 | 18,484,674 | 8.2521 | 3,193,988 | 15,290,686 | 6.8262 | 17.3 | |||
| 1995 | 226,586,500 | 19,325,271 | 8.5289 | 3,180,354 | 16,144,917 | 7.1253 | 16.5 | |||
| 1996 | 267,162,608 | 22,099,195 | 8.2718 | 3,564,436 | 18,534,759 | 6.9376 | 16.1 | |||
| 1997 | 274,598,595 | 22,812,719 | 8.3077 | 3,787,619 | 19,025,100 | 6.9283 | 16.6 | |||
| 1998 | 278,345,320 | 24,128,774 | 8.6686 | 3,513,041 | 20,615,733 | 7.4065 | 14.6 | |||
| 1999 | 290,483,520 | 24,717,766 | 8.5092 | 4,276,294 | 20,441,472 | 7.0371 | 17.3 | |||
| 2000 | 297,027,520 | 26,650,183 | 8.9723 | 4,722,863 | 21,927,320 | 7.3823 | 17.7 | |||
| 2001 | 303,038,480 | 27,050,592 | 8.9265 | 4,637,637 | 22,412,955 | 7.3961 | 17.1 | |||
| 2002 | 920,257,855 | 28,138,850 | 3.0577 | 4,835,155 | 23,303,695 | 2.5323 | 17.2 | |||
| 2003 | 1,411,359,500 | 31,505,791 | 2.2323 | 8,851,393 | 22,654,398 | 1.6051 | 28.1 | |||
| 2004 | 1,304,033,040 | 31,684,805 | 2.4298 | 9,192,180 | 22,492,625 | 1.7249 | 29.0 | |||
| 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. | ||||||||||