Property tax in Hancock County, Indiana

Updated

The median property tax bill in Hancock County, Indiana is $1,806 a year, which is about 0.66% of the county's median home value of $274,800. That effective rate is about the same as the typical Indiana county (0.66%) and lower than the national median (0.81%). These are American Community Survey 5-year estimates (2024); your own bill depends on your home's assessed value and any exemptions.

Estimate the property tax on a home in Hancock County

Enter a home's market value for a ballpark at Hancock County's average effective rate of 0.66% (Census). The real bill depends on the home's assessed value, the millage where it sits and any exemptions.


Estimated property tax: $1,814 / year

Property tax in Hancock County at a glance

Hancock County, Indiana property tax (Census ACS, reviewed September 23, 2026)
MeasureValue
Median annual property tax$1,806
Median home value$274,800
Effective tax rate0.66%
Typical Indiana county rate0.66%
National median county rate0.81%

Effective rate = median real estate taxes paid divided by median home value. Source: U.S. Census Bureau, American Community Survey 5-year estimates.

How does Hancock County compare in Indiana?

Among Indiana's 92 counties, Hancock County has the 44th highest effective property-tax rate: 43 rank higher and 48 rank lower. That is near the middle for Indiana. Nationally, it ranks 2026th of 3135 US counties by effective rate. See every Indiana county ranked.

How much do homeowners in Hancock County actually pay?

The median is only the middle bill. Across Hancock County's 26,619 owner-occupied homes, 21.3% pay $3,000 or more a year in property tax, 42.5% pay at least $2,000, and 11.8% pay under $800. Another 2% report paying no property tax at all, which usually means an exemption covers the whole bill.

Annual property tax paid by Hancock County homeowners (Census ACS 2020-2024)
Annual billHomesShare
Under $8003,14911.8%
$800 to $1,4997,13426.8%
$1,500 to $1,9994,50616.9%
$2,000 to $2,9995,63221.2%
$3,000 or more5,65721.3%
No property tax paid5412%

Owners with a mortgage pay a median of $1,799 and owners without one pay $1,828. That is within 10% either way, so in Hancock County paying off the house does not go with a noticeably different bill. Census table B25103.

How does the Hancock County property tax bill compare with local incomes?

The median property tax bill of $1,806 is about 1.7% of the median income of Hancock County homeowner households, $108,966 a year. That compares two middles, so a retiree in a long-held home can pay a far larger share. 79.5% of Hancock County's occupied homes are lived in by their owners; renters pay property tax too, just folded into rent.

Have property taxes gone up in Hancock County?

Yes. The median bill went from $1,516 in 2015-2019 to $1,806 in 2020-2024, a 19.1% rise. Over the same span the median home value moved 62.3%, from $169,300 to $274,800. Bills rose more slowly than values, which is what assessment caps and falling millage rates do: the county is taxing a smaller share of each home's worth.

Two Census ACS 5-year periods with no survey years in common, in each period's own dollars. A change counts only if it exceeds the combined 90% margin of error.

Property tax in counties next to Hancock County

Hancock County borders 6 counties.

Hancock County and its neighbors, highest effective rate first (Census ACS 2020-2024)
CountyEffective rateMedian billMedian home value
Marion County, IN0.91%$2,028$224,000
Hamilton County, IN0.88%$3,549$405,500
Madison County, IN0.74%$1,192$161,300
Henry County, IN0.73%$1,124$154,400
Shelby County, IN0.66%$1,412$212,400
Hancock County, IN (this county)0.66%$1,806$274,800
Rush County, IN0.65%$1,079$166,800

How is a home assessed in Hancock County?

Indiana assesses homes at 100% of market value in every county, Hancock County included. How Indiana assesses and reappraises homes.

Is there a homestead exemption in Hancock County?

Yes, but it is shrinking. Indiana's homestead standard deduction is $40,000 for assessment year 2026 and reaches $0 from 2030; a bill paid in 2026 reflects the $48,000 figure. That is the Indiana rule, and it applies in Hancock County. Indiana's exemptions and relief programs in full.

When are property taxes due in Hancock County?

Two installments, customarily due May 10 and November 10 of the year after the January 1 assessment, moving to the next business day when they fall on a weekend. One statement covering both is mailed in spring. Late payment costs 5% within 30 days, 10% after.

Indiana splits the bill into 2 installments. That is the Indiana rule. Hancock County issues and collects the bill, so the dates printed on your statement are the ones that bind you.

How to appeal your Hancock County property assessment

You contest the assessed value with the County or township assessor, then the Property Tax Assessment Board of Appeals, then the Indiana Board of Tax Review. The filing deadline is typically June 15 of the assessment year if your Form 11 notice was mailed before May 1, otherwise June 15 of the year the bill was mailed. That is the Indiana rule; Hancock County sets the exact dates and forms. The Indiana appeal process step by step.

Indiana rules from primary state sources, reviewed September 7, 2026; sources on the Indiana page.

Work out your own numbers

Sources