Indiana ranks fourth in 2027 property tax Competitiveness Index

Indiana ranks fourth for property taxes in the 2027 State Tax Competitiveness Index, a decline of one place from its third-place ranking in 2020. The state scores higher than the national median and outranks all four of its neighboring states on the metric.

The property tax component measures the impact of real and personal property, inventory, estate, inheritance, and other wealth taxes. The ranking reflects a combination of tax rates and the tax base, with collections as a percentage of personal income forming the effective rate for taxpayers.

Ranks for 2020 through 2026 are backcast under the current methodology. The index evaluates seven elements including business tangible property taxes, inventory taxes, and property tax limitation regimes.

Read the full story at taxfoundation.org.