| Tippecanoe County Property Tax Bills by Tax District | |||||||||||
| Pay 2005 | |||||||||||
| Assessment and Deductions | |||||||||||
| Median Home Value, 2000 Census | 112,200 | ||||||||||
| Assessment-Sales Ratio | 1.002 | ||||||||||
| Gross Assessed Value | 112,424 | ||||||||||
| Homestead Deduction | 35,000 | ||||||||||
| Mortgage Deduction | 3,000 | ||||||||||
| Net Assessed Value | 74,424 | ||||||||||
| 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 - FAIRFIELD TWP-LSC-B | 1.8136 | 1,350 | 28.3113 | 382 | 968 | 11.3621 | 110 | 858 | 605 | 289 | 2,153 |
| 002 - FAIRFIELD TWP-TSC | 1.9414 | 1,445 | 26.5669 | 384 | 1,061 | 10.7055 | 114 | 947 | 461 | 320 | 2,379 |
| 003 - FAIRFIELD TWP-TSC-B | 1.9744 | 1,469 | 26.1774 | 385 | 1,085 | 10.5534 | 114 | 970 | 431 | 327 | 2,436 |
| 004 - LAFAYETTE-FAIRFIELD TWP-LSC-B | 2.5219 | 1,877 | 25.4061 | 477 | 1,400 | 15.4369 | 216 | 1,184 | 232 | 399 | 2,972 |
| 005 - LAFAYETTE-FAIRFIELD TWP-TSC-B | 2.6827 | 1,997 | 24.0102 | 479 | 1,517 | 14.5445 | 221 | 1,297 | 168 | 437 | 3,255 |
| 006 - JACKSON TWP-TSC | 1.9508 | 1,452 | 26.5196 | 385 | 1,067 | 10.7695 | 115 | 952 | 456 | 321 | 2,390 |
| 007 - LAURAMIE TWP | 1.9644 | 1,462 | 26.3618 | 385 | 1,077 | 10.7115 | 115 | 961 | 446 | 324 | 2,413 |
| 008 - CLARKS HILL TOWN | 2.3065 | 1,717 | 25.4224 | 436 | 1,280 | 13.4692 | 172 | 1,108 | 296 | 374 | 2,781 |
| 009 - PERRY TWP-TSC | 1.9294 | 1,436 | 26.4129 | 379 | 1,057 | 10.2632 | 108 | 948 | 460 | 320 | 2,381 |
| 010 - PERRY TWP-TSC-B | 1.9624 | 1,461 | 26.0234 | 380 | 1,080 | 10.1203 | 109 | 971 | 430 | 328 | 2,438 |
| 011 - RANDOLPH TWP-TSC | 2.0175 | 1,502 | 25.9970 | 390 | 1,111 | 10.8761 | 121 | 990 | 402 | 334 | 2,486 |
| 012 - SHEFFIELD TWP-TSC | 1.9356 | 1,441 | 26.2927 | 379 | 1,062 | 10.1597 | 108 | 954 | 452 | 322 | 2,395 |
| 013 - DAYTON TOWN-TSC | 2.2440 | 1,670 | 24.7124 | 413 | 1,257 | 11.6039 | 146 | 1,111 | 293 | 375 | 2,790 |
| 014 - SHELBY TWP-BSC | 1.7586 | 1,309 | 33.7227 | 441 | 867 | 15.0369 | 130 | 737 | 867 | 249 | 1,850 |
| 015 - SHELBY TWP-TSC | 1.9222 | 1,431 | 26.4909 | 379 | 1,052 | 10.2802 | 108 | 944 | 468 | 318 | 2,369 |
| 016 - OTTERBEIN TOWN-BSC | 2.4637 | 1,834 | 28.6750 | 526 | 1,308 | 17.2039 | 225 | 1,083 | 320 | 365 | 2,719 |
| 017 - TIPPECANOE TWP-TSC | 1.9279 | 1,435 | 26.3953 | 379 | 1,056 | 10.2107 | 108 | 948 | 459 | 320 | 2,381 |
| 018 - TIPPECANOE TWP-TSC-B | 1.9609 | 1,459 | 26.0056 | 380 | 1,080 | 10.0688 | 109 | 971 | 429 | 328 | 2,438 |
| 019 - BATTLE GROUND TOWN-TSC | 2.2885 | 1,703 | 24.7334 | 421 | 1,282 | 12.1277 | 155 | 1,126 | 278 | 380 | 2,828 |
| 020 - SHADELAND TOWN-TSC | 2.0360 | 1,515 | 26.1028 | 396 | 1,120 | 11.3109 | 127 | 993 | 396 | 335 | 2,493 |
| 021 - SHADELAND-TSC-B | 2.0690 | 1,540 | 25.7380 | 396 | 1,144 | 11.1540 | 128 | 1,016 | 375 | 343 | 2,551 |
| 022 - WABASH TWP-TSC | 1.9239 | 1,432 | 26.4690 | 379 | 1,053 | 10.2709 | 108 | 945 | 467 | 319 | 2,372 |
| 023 - WABASH TWP-TSC-B | 1.9569 | 1,456 | 26.0774 | 380 | 1,077 | 10.1270 | 109 | 968 | 437 | 326 | 2,429 |
| 024 - WABASH TWP-WLCS-B | 2.0356 | 1,515 | 33.5507 | 508 | 1,007 | 11.0868 | 112 | 895 | 550 | 302 | 2,247 |
| 025 - WEST LAFAYETTE CITY-TSC-B | 2.7696 | 2,061 | 22.4528 | 463 | 1,598 | 12.6377 | 202 | 1,396 | 122 | 471 | 3,506 |
| 026 - WEST LAFAYETTE CITY-WLSC-B | 2.8483 | 2,120 | 27.8932 | 591 | 1,529 | 13.3846 | 205 | 1,324 | 157 | 447 | 3,324 |
| 027 - WASHINGTON TWP-TSC | 1.9703 | 1,466 | 26.2830 | 385 | 1,081 | 10.6681 | 115 | 966 | 441 | 326 | 2,424 |
| 028 - WAYNE TWP | 1.9559 | 1,456 | 26.3762 | 384 | 1,072 | 10.6077 | 114 | 958 | 448 | 323 | 2,405 |
| 030 - WEA TWP-TSC | 1.9705 | 1,467 | 26.2070 | 384 | 1,082 | 10.5448 | 114 | 968 | 435 | 327 | 2,430 |
| 031 - WEA TWP-TSC-B | 2.0035 | 1,491 | 25.8287 | 385 | 1,106 | 10.3989 | 115 | 991 | 400 | 334 | 2,488 |
| 032 - LAFAYETTE CITY-WEA TWP-LS | 2.5306 | 1,883 | 25.4124 | 479 | 1,405 | 15.5259 | 218 | 1,187 | 230 | 400 | 2,979 |
| 033 - LAFAYETTE CITY-WEA TWP-TS | 2.6914 | 2,003 | 24.0206 | 481 | 1,522 | 14.6292 | 223 | 1,299 | 166 | 438 | 3,262 |
| 034 - WEST LAFAYETTE CITY-TSC-B-C | 2.6314 | 1,958 | 23.6928 | 464 | 1,494 | 13.6070 | 203 | 1,291 | 173 | 436 | 3,241 |
| 035 - WEST LAFAYETTE-WLSC-B-C | 2.7101 | 2,017 | 29.3747 | 592 | 1,424 | 14.4560 | 206 | 1,219 | 209 | 411 | 3,059 |
| 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. | |||||||||||