Taxes in Hammond
Hammond's tax picture carries a real, disclosed nuance: Lake County's high-property-tax reputation, moderated for owner-occupants by Indiana's statutory Circuit Breaker cap, alongside a genuinely low combined income tax burden.
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Learn moreLake County's high-property-tax reputation
Ownwell cited Hammond's own raw citywide median effective property tax rate at approximately 4.36% -- a figure this record attributes to Hammond's real, substantial non-homestead/rental housing stock, which carries higher statutory caps than owner-occupied homesteads.
Indiana's Circuit Breaker cap moderates the homestead bill
Indiana's statutory Circuit Breaker caps actual owner-occupied homestead property tax bills at 1% of gross assessed value statewide -- a real, distinct consumer protection that applies fully in Hammond.
A genuinely low combined income tax
Indiana's flat 2.95% state income tax plus Lake County's 1.50% local income tax layer combine to roughly 4.45% -- genuinely low nationally.
Key takeaways
- Indiana's 1% Circuit Breaker cap governs Hammond's actual owner-occupied homestead property tax bills.
- Ownwell's raw citywide rate (4.36%) likely reflects Hammond's substantial non-homestead housing stock.
- The combined state-plus-county income tax rate in Lake County runs approximately 4.45%.
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