Montpelier, Indiana property tax

Median property tax, home value and effective rate (Census 2020โ€“2024)

Updated Oct 17, 2026, 1:57 AM ET
Effective property tax rate
0.77%

Homeowners in Montpelier, Indiana paid a median $665 a year in property tax on a median home worth $86,300, an effective rate of about 0.77% (Census 2020โ€“2024).

Census ACS 2020โ€“2024 5-year medians

#215 lowest of 375Indiana places we cover

0.81%Blackford County overall
Median tax paid
$665
per year, 2020โ€“24
Median home value
$86,300
owner-occupied
Effective rate
0.77%
tax รท value
Tax vs. income
1.5%
of $45,250 median household income
Owner costs
$1,035/mo
median with a mortgage, incl. tax & insurance

Montpelier vs county, state and US

Effective rate

Montpelier0.77%
Blackford County0.81%
Indiana0.74%
United States0.94%

Median tax paid per year

Montpelier$665
Blackford County$873
Indiana$1,614
United States$3,119

Tax on a home in Montpelier

At the local 0.77% effective rate

Home valueEstimated yearly taxPer month
$150,000$1,156$96
$250,000$1,926$161
$350,000$2,697$225
$500,000$3,853$321

Buying a home in Blackford County? 2026 loan limits

Nearby and related

Source: U.S. Census Bureau, American Community Survey 2020โ€“2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020โ€“2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax รท median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.

Frequently asked questions

What is the property tax rate in Montpelier, Indiana?

Homeowners in Montpelier, Indiana paid a median $665 a year in property tax on a median home worth $86,300, an effective rate of about 0.77% (Census 2020โ€“2024).

How much is property tax on a $250,000 home in Montpelier?

About $1,926 a year at the 0.77% median effective rate. Exemptions such as homestead can lower it.

Is property tax in Montpelier higher than the rest of Indiana?

Montpelier ranks #215 lowest of 375 Indiana places we track. The statewide effective rate is 0.74%. Blackford County overall is 0.81%.