JOHNSON COUNTY · PROPERTY TAX · 55+ BUYERS

Johnson County Property Tax Guide for 55+ Buyers

Johnson County is the metro's sweet spot for IRA-heavy retirees: middle-tier property tax (0.95%) with the second-lowest county income tax (1.2%). Here's the math.

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The Headline Numbers

Effective Property Tax Rate~0.95%
County Income Tax1.20%
Combined Income Tax (state + county)4.20%
Indiana Homestead DeductionLesser of 60% AV or $48,000 + 37.5% supplemental on first $600K
Over-65 Credit (2026)$150 flat credit
Over-65 Circuit BreakerCaps increases at 2%/yr if AGI ≤ $60K single / $70K joint

Property Tax Worked Example

On a $400,000 home in Johnson County with full homestead deduction:

Gross Assessed Value$400,000
Less: Standard Homestead Deduction($48,000)
Less: Supplemental Homestead (37.5% on $352K)($132,000)
Net Assessed Value$220,000
Effective tax at 0.95%~$2,090/year
Why Johnson County is the math winner for many retirees: On $60,000 of taxable retirement income, Johnson saves $180/year vs. Hendricks (county income tax) while paying only $50/year more than Hendricks (property tax on a $400K home). On the same income, Johnson saves $60/year vs. Hamilton on income tax while paying about $90/year less on property tax. For mixed-income retirees with $40K–$100K of taxable income, Johnson is consistently the lowest-cost county.
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Communities in Johnson County

How to File

File homestead and over-65 deductions with the Johnson County Auditor's Office (Franklin) by January 15. Bring proof of age, prior year's federal tax return for AGI verification, and parcel number. The standard homestead deduction renews automatically; over-65 credits require annual income re-verification.

Run Johnson County Math For Your Income

The tax case for Johnson is strongest at $40K–$100K of taxable income. We can connect you with an agent to run your specific numbers.

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Related Research

Hamilton County Tax Guide · Hendricks County Tax Guide · Three-County Comparison · Sagebriar vs Vandalia

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