Jackson County Property Tax Bills by Tax District
Pay 2005
Assessment and Deductions
Median Home Value, 2000 Census	87,500
Assessment-Sales Ratio	0.000
Gross Assessed Value	87,500
Homestead Deduction	35,000
Mortgage Deduction	3,000
Net Assessed Value	49,500
Tax Rate, Credits and Tax Bill
Tax District	Tax Rate	Gross Tax	PTRC Rate	PTRC	Gross Tax - PTRC	State/Local Homestead Credit Rate	Home- stead Credit	Net Tax	Rank Among All 1,960 Districts	Net Tax, Half the Median Home Value	Net Tax, Twice the Median Home Value
001 - BROWNSTOWN TWP	1.7369	860	30.0165	258	602	10.5328	63	538	1,513	205	1,490
002 - BROWNSTOWN TOWN	2.3175	1,147	27.5780	316	831	13.2414	110	721	912	275	1,995
003 - CARR TWP	2.8180	1,395	25.5507	356	1,039	7.9347	82	956	450	365	2,646
004 - MEDORA TOWN	3.3278	1,647	25.4533	419	1,228	10.8062	133	1,095	305	418	3,031
005 - DRIFTWOOD TWP	1.7531	868	30.2880	263	605	11.1060	67	538	1,516	205	1,488
006 - GRASSY FORK TWP	1.7434	863	30.2724	261	602	10.9539	66	536	1,522	204	1,483
007 - HAMILTON TWP	1.5982	791	33.4762	265	526	10.0130	53	474	1,731	181	1,311
008 - JACKSON TWP	1.5643	774	33.8615	262	512	9.8781	51	462	1,760	176	1,277
009 - SEYMOUR CITY-JACKSON TWP	2.2850	1,131	29.8517	338	793	13.9829	111	682	1,019	260	1,889
010 - OWEN TWP	1.7416	862	29.6998	256	606	10.1887	62	544	1,497	208	1,506
011 - PERSHING TWP	1.8171	899	29.6969	267	632	11.1659	71	562	1,437	214	1,555
012 - REDDING TWP	1.5620	773	33.8461	262	511	9.8115	50	461	1,761	176	1,277
013 - SEYMOUR CITY-REDDING TWP	2.2827	1,130	29.8372	337	793	13.9434	111	682	1,021	260	1,888
014 - SALT CREEK TWP	1.7772	880	29.8824	263	617	10.8977	67	550	1,473	210	1,521
015 - VERNON TWP	2.2275	1,103	28.8933	319	784	8.2144	64	720	917	274	1,992
016 - CROTHERSVILLE TOWN	2.5875	1,281	27.5055	352	929	9.8409	91	837	641	319	2,317
017 - WASHINGTON TWP	1.5712	778	33.8315	263	515	9.9738	51	463	1,755	177	1,282
Note:  Median Home Value for this county is from the 2000 U.S. Census.
Assessment-Sales Ratio is the median assessment to sales price ratio, from the State Equalization Study.
Counties with Assessment-Sales Ratios listed as "0" have studies that are incomplete.  Gross assessed values are assumed equal to home values.
Gross Assessed Value is the product of the Median Home Value and the Assessment Ratio.
Net Assessed Value is Gross Assessed Value less Deductions/Exemptions. Homestead deduction cannot exceed 50% of gross assessed value.
Tax Districts are areas within a county with particular combinations of government units.  The district Tax Rate is the sum of the tax rates of these units.
Gross Tax is the District Tax Rate times Net Assessed Value.
Property Tax Replacement Credit Dollars are the PTRC Rate times the Gross Tax; they are subtracted from the Gross Tax.
The Homestead Credit Rate is multiplied by the Tax After PTRC.  Homestead Credit dollars are subtracted from Tax After PTRC to get the Tax Bill.
Rank, All Districts is the rank, from highest to lowest net tax, among all of Indiana's 1,960 tax districts.
Net Tax, Half the Median Value is the tax bill calculation starting with a home value equal to half the county's median.
Net Tax, Twice the Median Value is the tax bill calculation starting with a home value equal to twice the county's median.
Prepared by Larry DeBoer, Agricultural Economics, Purdue University, using Indiana Department of Local
Government Finance rate information, available on the DLGF website, at www.in.gov/dlgf.