Saint Louis, North Carolina Property Taxes
The median property tax rate in Saint Louis, NC is 0.39%, significantly lower than both the national median of 0.99% and the North Carolina state median of 0.82%. With the median home value in Saint Louis, the typical annual property tax bill reaches $7,657, far exceeding the national median of $2,690. Property taxes in Saint Louis are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Saint Louis'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 Louis or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saint Louis, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.39%
Estimate Property Tax Bill
$7,635
$7,085
Ownwell’s Saint Louis Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Louis with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Louis 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 Louis, North Carolina
Property taxes in Saint Louis, North Carolina, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Louis is 0.53%, which is higher than both the North Carolina state median of 0.70% and the U.S. national median of 0.99%. Local government entities within Saint Louis set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Louis 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 Louis's effective property tax rate to other counties in North Carolina and the national median. For comparison, ZIP code 28202 has the highest median property tax rate of 1.31%, while ZIP code 28712 has the lowest median tax rate of 0.38%. Understanding how these cities compare with Saint Louis provides valuable insights into the varying tax landscape across Avery County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Louis Tax Rate
0.39%
Average Avery County Tax Rate
0.40%
Average North Carolina Tax Rate
0.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Louis, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63117 | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
Source: Ownwell
Property Tax Assessment Values Across Saint Louis, North Carolina
In Saint Louis, North Carolina, 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 Avery County Appraisal District 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 Louis, 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 Louis helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 63117, with a tax bill of $7,657, which is also the lowest median tax bill in the area.
Property Tax Assessment Values Across Saint Louis, North Carolina
Source: Ownwell
$1,500
$3,074,950
$6,148,400
Average Saint Louis Assessed Value
$1,957,600
Average Avery County Assessed Value
$135,500
Average North Carolina Assessed Value
$197,136
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Louis, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63117 | $1,957,600 | $1,957,600 | $1,957,600 | $1,957,600 | $1,957,600 |
Source: Ownwell
Property Tax Bills Across Saint Louis, North Carolina
In Saint Louis, Avery County, NC, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is a percentage of the market value of the property. The property tax rate, which in this region aligns closely with the national median of 0.99%, is then applied to the assessed value to determine the annual tax bill. For homeowners in Saint Louis, the median home price is $1,957,600. Given this value, the tax bill at various percentiles remains consistent at $7,657. This uniformity suggests a stable and predictable tax environment, which can be beneficial for financial planning. The highest and lowest median tax bills in the area are also reported to be $7,657, indicating a lack of significant fluctuation in tax amounts across different properties. Understanding these factors helps homeowners anticipate their annual expenses and manage their budgets effectively. Accurate assessments and predictable tax rates contribute to a transparent and equitable property tax system.
Average Saint Louis Tax Bill
$7,657
Average Avery County Tax Bill
$540
Average North Carolina Tax Bill
$1,615
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Louis, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63117 | $7,657 | $7,657 | $7,657 | $7,657 | $7,657 |
Source: Ownwell