Tipton, Indiana — Tax Burden
What is the tax burden in Tipton, Indiana?
Tipton, Indiana has a total tax burden of 6.93%, ranking #5735 nationally. Property tax rate: 0.73%, state income tax: 3.050%, sales tax: 7.00%. Median household income is $64,167.
Source: US Census ACS, 2022
Ranked #5735 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
6.93%
Rank: 5735th nationally
Property Tax Rate
0.73%
Rank: 4901st nationally
Income Tax Rate
3.050%
Indiana state rate
Sales Tax Rate
7.00%
State + local combined
Tax Burden Breakdown
Property (23%)Income (44%)Sales (33%)
Median Income: $64,167
Median Home Value: $138,500
Median Property Tax: $1,009/yr
Population: 5,255