Saint Anthony, Indiana Property Taxes
The median property tax rate in Saint Anthony, IN is 0.79%, which is lower than both the national median of 0.99% and the Indiana state median of 0.99%. With a median home value of $195,500 in Saint Anthony, the typical annual property tax bill amounts to $1,565, significantly below the national median of $2,690. Property taxes in Saint Anthony are determined based on the tax assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Saint Anthony's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Saint Anthony or another part of Dubois County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saint Anthony, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.79%
Estimate Property Tax Bill
$1,544
Ownwell’s Saint Anthony Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Anthony with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Anthony to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Saint Anthony, Indiana
Property taxes in Saint Anthony, Indiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Anthony is 0.79%, which is lower than the U.S. national median of 0.99%. Local government entities within Saint Anthony set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Anthony estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Saint Anthony's effective property tax rate to other areas in Dubois County and the national median. For comparison, the zip code 47575 has the highest median property tax rate of 0.79%, while the same zip code also has the lowest median tax rate of 0.79%. Understanding how these areas compare with Saint Anthony provides valuable insights into the varying tax landscape across Dubois County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Anthony Tax Rate
0.79%
Average Dubois County Tax Rate
0.85%
Average Indiana Tax Rate
0.99%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Anthony, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47575 | 0.49% | 0.65% | 0.79% | 0.97% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Saint Anthony, Indiana
In Saint Anthony, Indiana, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Dubois County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Saint Anthony, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Saint Anthony helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 47575 has the highest and lowest median tax bill, both at $1,565, reflecting a diverse range of property values and tax scenarios within the area.
Average Saint Anthony Assessed Value
$195,500
Average Dubois County Assessed Value
$177,500
Average Indiana Assessed Value
$170,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Anthony, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47575 | $62,780 | $124,800 | $195,500 | $277,150 | $355,480 |
Source: Ownwell
Property Tax Bills Across Saint Anthony, Indiana
In Saint Anthony, located in Dubois County, IN, property tax bills are calculated based on the assessed value of a home and the applicable tax rate. The median home price in this area is $195,500. The assessed value is determined by the local assessor's office, which evaluates the property's market value. Homeowners in Saint Anthony can expect their property tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $868, while at the 75th percentile, it rises to $2,298. The highest tax bills, at the 90th percentile, can reach up to $3,022. These tax rates can significantly impact homeowners, influencing their annual budget and long-term financial planning. Compared to the national median property tax rate of 0.99%, Saint Anthony's tax rates reflect the local government's specific fiscal needs and priorities. Understanding these factors can help homeowners anticipate their financial obligations and plan accordingly.
Average Saint Anthony Tax Bill
$1,565
Average Dubois County Tax Bill
$1,568
Average Indiana Tax Bill
$1,691
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Anthony, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47575 | $437 | $868 | $1,565 | $2,298 | $3,022 |
Source: Ownwell