47130 Property Tax Rate

Property owners in ZIP code 47130 (Jeffersonville, Indiana) pay a median of $1,696/year in property taxes on homes valued at $203,800. This translates to an effective tax rate of 0.83%, which is 20% above the Indiana state average of 0.69%.

The monthly property tax burden for a median-valued home in 47130 is approximately $141, which factors into escrow payments on mortgages. This ZIP code is located within Clark County. This is $445 more than the Indiana average of $1,251/year.

Compared to similar ZIP codes in Indiana, 47130 has higher property taxes. ZIP codes with similar effective rates include 47523 (0.83%) and 47715 (0.83%).

In Jeffersonville, property taxes represent approximately 2.5% of the median household income of $68,412, providing context for the relative tax burden on homeowners in this area.

Indiana operates on a triennial reassessment cycle with no state cap limiting value increases; Clark County will update your assessment at its next scheduled revaluation. Clark County offers a Homestead Property Tax Deduction and additional Supplemental Homestead Deductions for seniors 65+ and disabled residents. Submit your homestead deduction claim to the Clark County Assessor's office within 30 days of purchase to activate your tax relief.