47710 Property Tax Rate

Property owners in ZIP code 47710 (Evansville, Indiana) pay a median of $1,123/year in property taxes on homes valued at $131,700. This translates to an effective tax rate of 0.85%, which is 23% above the Indiana state average of 0.69%.

The monthly property tax burden for a median-valued home in 47710 is approximately $94, which factors into escrow payments on mortgages. This ZIP code is located within Vanderburgh County.

Compared to similar ZIP codes in Indiana, 47710 has lower property taxes. ZIP codes with similar effective rates include 46348 (0.85%) and 47968 (0.85%).

In Evansville, property taxes represent approximately 2.5% of the median household income of $45,324, providing context for the relative tax burden on homeowners in this area.

Indiana does not impose a statewide assessment increase cap, so your property may be reassessed upward at any time based on market value determinations by the Vanderburgh County Assessor. Vanderburgh County offers both a Homestead Deduction and Senior Citizen Property Tax Deduction; file your application with the Vanderburgh County Assessor immediately after closing to lock in available relief. Submit a Formal Assessment Appeal to the Vanderburgh County Board of Tax Review by the published deadline (typically 60 days from the assessment notice) if you believe the assessed value is incorrect.