Hamilton County ranks 2nd in state for largest tax refunds

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A recent study by SmartAsset, a financial technology company, shows Hamilton County ranks second in the state on a list of counties where people receive the highest tax refunds.

To determine the counties that received the highest average refunds, the study divided the total amount of money refunded by the IRS to each county by the number of refunds given out in each county.

To see the complete study and methodology, visit smartasset.com/taxes/tax-return-calculator#Indiana/taxReturn.

Rank

County

Number of Taxpayers that Receive Refunds

Average Tax Amount Refunded

Number of Taxpayers that Owe Taxes

Average Tax Amount Owed

Taxes Refunded Index

1

Boone

22,530

$3,541

6,830

$9,173

10.31

2

Hamilton

106,440

$3,402

35,920

$8,359

9.46

3

Dubois

17,570

$2,924

3,000

$6,683

6.53

4

Lake

185,650

$2,909

32,130

$4,027

6.44

5

Elkhart

76,000

$2,899

12,910

$5,688

6.38

6

Wabash

11,880

$2,893

2,040

$3,551

6.34

7

Porter

64,280

$2,893

13,190

$5,973

6.34

8

Warrick

22,780

$2,876

5,110

$5,842

6.24

9

Bartholomew

31,660

$2,868

6,050

$4,961

6.19

10

Marion

369,300

$2,866

68,240

$4,110

6.18

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