San Pierre, Indiana Property Taxes
The median property tax rate in San Pierre, IN is 0.81%, lower than both the national median of 0.99% and the Indiana state median of 0.99%. With the median home value in San Pierre at $135,600, the typical annual property tax bill amounts to $1,044, which is below the national median of $2,690. Property taxes in San Pierre are determined based on the tax assessed value, which is often less than the market value due to various exemptions such as those for primary residences and agricultural properties. Gaining a thorough understanding of San Pierre's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you're in the heart of San Pierre or another part of Starke County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
San Pierre, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$1,098
Ownwell’s San Pierre Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in San Pierre with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in San Pierre 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 San Pierre, Indiana
Property taxes in San Pierre, Indiana, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in San Pierre is 0.81%, slightly lower than the U.S. national median of 0.99%. Local government entities within San Pierre set these rates annually, and they can vary significantly across different neighborhoods. Each year, San Pierre 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 San Pierre's effective property tax rate to other counties in Indiana and the national median. For comparison, the 46374 zip code has the highest median property tax rate of 0.81%, while the same zip code also records the lowest median tax rate of 0.81%. Understanding how these cities compare with San Pierre provides valuable insights into the varying tax landscape across Starke County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average San Pierre Tax Rate
0.81%
Average Starke County Tax Rate
0.83%
Average Indiana Tax Rate
0.99%
Average United States Tax Rate
0.99%
Property Tax Rates Across San Pierre, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46374 | 0.42% | 0.61% | 0.81% | 1.48% | 1.58% |
Source: Ownwell
Property Tax Assessment Values Across San Pierre, Indiana
In San Pierre, 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 Starke 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 San Pierre, 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 San Pierre helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1,044, found in the 46374 zip code.
Average San Pierre Assessed Value
$135,600
Average Starke County Assessed Value
$132,100
Average Indiana Assessed Value
$170,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across San Pierre, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46374 | $30,700 | $80,600 | $135,600 | $188,800 | $281,960 |
Source: Ownwell
Property Tax Bills Across San Pierre, Indiana
In San Pierre, located in Starke County, Indiana, property tax bills are calculated based on the assessed value of a home. Homeowners can expect their tax bill to be influenced by several factors, including the market value of their property and the local tax rate. The median home price in San Pierre is $135,600, and the tax rate is applied to this assessed value to determine the annual property tax bill. For instance, homeowners in the 25th percentile pay around $554 annually, while those in the 75th percentile see tax bills of approximately $1,798. At the higher end, the 90th percentile tax bill reaches up to $2,867. The highest and lowest median tax bills in the area are both recorded at $1,044, indicating some consistency in property tax assessments within the zip code 46374. Compared to the national median property tax rate of 0.99%, San Pierre's rates are relatively moderate, making it an appealing location for homeowners seeking lower property tax obligations. This can significantly affect homeowners by providing more predictable and manageable annual expenses.
Average San Pierre Tax Bill
$1,044
Average Starke County Tax Bill
$1,097
Average Indiana Tax Bill
$1,691
Average United States Tax Bill
$2,690
Property Tax Bills Across San Pierre, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46374 | $254 | $554 | $1,044 | $1,798 | $2,867 |
Source: Ownwell