Taxes & Insurance in Marion
Marion carries a real, genuinely low 0.89% effective property tax rate and a disclosed 5.20% combined income tax rate, layered with Indiana's statewide homeowners-insurance cost trend.
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Learn moreA genuinely low property tax burden
Marion's median effective property tax rate ran 0.89% per Ownwell, with a median annual tax bill of just $858 -- a real $1,542 below the national median tax bill, reflecting Marion's genuinely low home values.
A real, disclosed local income tax layer
Grant County's flat 2.25% local income tax combines with Indiana's flat 2.95% state rate for a disclosed 5.20% combined income tax rate.
Indiana's statewide rising insurance-cost trend applies
No Marion-specific homeowners-insurance premium figure distinct from Indiana's own statewide range was found this pass -- see indiana.js metrics.insurance for the statewide spread and the real, disclosed 17%+ cumulative increase since 2023.
Key takeaways
- Marion's 0.89% effective property tax rate and $858 median annual bill both run genuinely low.
- Combined income tax rate (state 2.95% + Grant County 2.25%) runs a disclosed 5.20%.
- Indiana's statewide homeowners-insurance cost trend applies in Marion as elsewhere in the state.
- Confirm current, address-specific insurance quotes directly.
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