How much are property taxes in Richland Township (Miami County), IN?

Homeowners in Richland Township (Miami County), IN pay a median of $724 (±$286) a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $652.

Homes without a mortgage pay a median of $882.

That is about 0.5% of the median home value of $159,000.

In Richland Township (Miami County), the median real estate tax went from $581 in 2015–2019 to $724 in 2020–2024 (+24.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median real estate taxes
$724 (±$286)
With a mortgage
$652
Without a mortgage
$882
Share of median value
0.5%

Real estate taxes in Richland Township (Miami County) against Miami County, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
Richland Township (Miami County)Miami CountyIndianaUnited States
Median real estate taxes$724 (±$286)$756 (±$57)$1,614 (±$9)$3,119
Homes with a mortgage$652 (±$326)$799 (±$68)$1,698 (±$11)$3,489
Homes without a mortgage$882 (±$426)$698 (±$101)$1,451 (±$14)$2,576
Median home value$159,000 (±$10,436)$126,200 (±$9,686)$218,200 (±$739)$332,700

In Richland Township (Miami County), the median real estate tax is not measurably different from Miami County ($756).

It is also lower than in Indiana ($1,614).

It is lower than the national figure ($3,119).

In Miami County, Richland Township (Miami County) ranks 10 of 21 places with a published estimate, from highest to lowest median real estate taxes.

Statewide, it ranks 1282 of 1,563.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Taxes as a share of home value in Richland Township (Miami County)

The median tax ($724) is 0.5% of the median home value ($159,000).

Across Miami County the same ratio is 0.6%.

Across Indiana it is 0.7%.

This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.

Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.

How property taxes in Richland Township (Miami County) have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median real estate taxes$581 (±$175)$724 (±$286)+24.6%No measurable change after inflation
Median home value$99,700 (±$17,621)$159,000 (±$10,436)+59.5%Up after inflation
Median owner cost with a mortgage$985 (±$186)$988 (±$312)+0.3%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median real estate taxes in places near Richland Township (Miami County)

Nearest places with a published estimate, compared with Richland Township (Miami County)
PlaceDistanceMedian real estate taxesCompared with this place
Richland Township (Miami County)—$724 (±$286)—
Denver3.4 mi$315 (±$79)Lower
Jefferson Township (Miami County)5.4 mi$572 (±$495)Not measurably different
Roann5.6 mi$677 (±$141)Not measurably different
Perry Township (Miami County)5.8 mi$1,130 (±$412)Not measurably different
Erie Township6.0 mi$2,155 (±$597)Higher
Union Township (Miami County)6.4 mi$1,005 (±$416)Not measurably different
Peru Township7.3 mi$714 (±$81)Not measurably different
Peru8.0 mi$676 (±$70)Not measurably different

Nearby places with a measurably lower figure: Denver, IN ($315).

Nearby places with a measurably higher figure: Erie Township, IN ($2,155).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median real estate taxes across Miami County, place by place

RankPlaceMedian real estate taxes
4Butler Township (Miami County)$1,015 (±$346)
5Union Township (Miami County)$1,005 (±$416)
6Amboy$941 (±$146)
7Harrison Township (Miami County)$907 (±$359)
8Clay Township (Miami County)$779 (±$444)
9Deer Creek Township (Miami County)$739 (±$262)
10Richland Township (Miami County)$724 (±$286)
11Peru Township$714 (±$81)
12Converse$705 (±$420)
13Peru$676 (±$70)
14Washington Township (Miami County)$647 (±$164)
15Allen Township (Miami County)$643 (±$452)
16Jefferson Township (Miami County)$572 (±$495)

Showing 13 of 21 places in Miami County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Richland Township (Miami County)

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Questions about Richland Township (Miami County)

How much are property taxes in Richland Township (Miami County)?

The median real estate tax paid by homeowners in Richland Township (Miami County), IN is $724 (±$286) a year (2020–2024 American Community Survey).

What is the property tax rate in Richland Township (Miami County)?

The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 0.5% of the median home value in Richland Township (Miami County), and the actual rate is set by the town, county and school district.

Have property taxes in Richland Township (Miami County) gone up?

In Richland Township (Miami County), the median real estate tax went from $581 in 2015–2019 to $724 in 2020–2024 (+24.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Are property taxes in Richland Township (Miami County) higher than in Miami County?

In Richland Township (Miami County), the median real estate tax is not measurably different from Miami County ($756).

It is also lower than in Indiana ($1,614).

It is lower than the national figure ($3,119).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Richland township, Miami County, Indiana (county subdivision:64134, in state:18 county:103).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.

The API needs a free key.

Request a Census API key.

B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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