Hancock County, Indiana is proud to be at center of one of America’s most business-friendly states. For decades, Indiana has earned a reputation for supporting companies and helping them stay competitive. Our state has a right-to-work law, along with remarkably low workers’ compensation costs, and unemployment tax rates as low as 1.3 percent.
We’ve had no state inventory tax since 2007 and very low income-tax rates. For example, the corporate adjusted gross income tax rate is just 6.5 percent, and the basic personal income tax rate just 3.4 percent.
Local government takes a prudent, fiscally responsible approach, too. You’ll see that in property tax rates as low as $1.31 per $100 fair market value, despite first-rate schools, fire and police protection, public infrastructure, and other services. Simply put, our local government agencies believe in efficiency.