Saint Croix, Indiana Property Taxes
The median property tax rate in Saint Croix, IN is 1.12%, slightly higher than both the national median of 0.99% and the Indiana state median of 0.99%. With the median home value in Saint Croix at $82,050, the typical annual property tax bill amounts to $562, which is significantly lower than the national median of $2,690. Property taxes in Saint Croix are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Saint Croix's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Saint Croix or another part of Crawford County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saint Croix, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.12%
Estimate Property Tax Bill
$919
Ownwell’s Saint Croix Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Croix with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Croix 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 Croix, Indiana
Property taxes in Saint Croix, Indiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Croix is 1.12%, higher than both the Indiana state median and the U.S. national median of 0.99%. Local government entities within Saint Croix set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Croix 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 Croix's effective property tax rate to other areas in Indiana and the national median. For comparison, the zip code 47576 has the highest median property tax rate of 1.12%, while the same zip code also has the lowest median tax rate of 1.12%. Understanding how these areas compare with Saint Croix provides valuable insights into the varying tax landscape across Crawford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Croix Tax Rate
1.12%
Average Crawford County Tax Rate
1.24%
Average Indiana Tax Rate
0.99%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Croix, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47576 | 0.50% | 0.58% | 1.12% | 1.59% | 2.06% |
Source: Ownwell
Property Tax Assessment Values Across Saint Croix, Indiana
In Saint Croix, 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 Crawford 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 Croix, 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. The median home price in Saint Croix is $82,050, with tax bills ranging from $395 at the 25th percentile to $1,717 at the 90th percentile. Notably, the zip code with both the highest and lowest median tax bill is 47576, with a median tax bill of $562. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Saint Croix Assessed Value
$82,050
Average Crawford County Assessed Value
$66,100
Average Indiana Assessed Value
$170,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Croix, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47576 | $25,770 | $52,525 | $82,050 | $100,025 | $108,020 |
Source: Ownwell
Property Tax Bills Across Saint Croix, Indiana
In Saint Croix, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The median home price in this area is $82,050. Property taxes are then applied to this assessed value using a specific rate set by Crawford County. The tax bill can vary significantly depending on the value of the property and the applicable exemptions or deductions. For instance, homeowners at the 25th percentile of tax bills pay around $395, while those at the 75th percentile pay about $1,172. At the 90th percentile, the tax bill can reach up to $1,717. The highest and lowest median tax bills in the area both stand at $562, indicating a relatively uniform distribution in some parts of the county. Compared to the national median property tax rate of 0.99%, homeowners in Saint Croix experience a range of tax liabilities that can significantly impact their financial planning and homeownership costs.
Average Saint Croix Tax Bill
$562
Average Crawford County Tax Bill
$769
Average Indiana Tax Bill
$1,691
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Croix, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47576 | $309 | $395 | $562 | $1,172 | $1,717 |
Source: Ownwell