Saint Stephens, Wyoming Property Taxes
The median property tax rate in Saint Stephens, Wyoming is 0.70%, slightly higher than the state median of 0.65% but below the national median of 0.99%. With a median home value of $44,197, the typical annual property tax bill in Saint Stephens is $311, significantly lower than the national median of $2,690. Property taxes in Saint Stephens are calculated based on the tax assessed value, which is often less than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Saint Stephens' 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 Stephens or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saint Stephens, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.7%
Estimate Property Tax Bill
$309
Ownwell’s Saint Stephens Property Tax Bill Calculator is a valuable resource for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Saint Stephens using just two key data points. By inputting your property's estimated assessed value, the calculator applies the median tax rate in Saint Stephens to provide an estimate of your property tax bill. This tool offers a clear understanding of potential tax liabilities, aiding in financial planning and decision-making. For those interested in more granular insights, you can explore trends at the neighborhood level by scrolling down. Your property’s assessed value, determined by Fremont County, is used for property tax calculations, considering any applicable exemptions.
Property Tax Rates Across Saint Stephens, Wyoming
Property taxes in Saint Stephens, Wyoming, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Stephens is 0.70%, which is lower than the U.S. national median of 0.99%. Local government entities within Saint Stephens set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Stephens 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 Stephens' effective property tax rate to other counties in Wyoming and the national median. For comparison, the 82524 zip code has both the highest and lowest median property tax rate of 0.70%. Understanding how these cities compare with Saint Stephens provides valuable insights into the varying tax landscape across Fremont County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Stephens Tax Rate
0.70%
Average Fremont County Tax Rate
0.72%
Average Wyoming Tax Rate
0.65%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Stephens, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82524 | 0.69% | 0.70% | 0.70% | 0.70% | 0.70% |
Source: Ownwell
Property Tax Assessment Values Across Saint Stephens, Wyoming
In Saint Stephens, Wyoming, 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 Fremont 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 Stephens, 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 Stephens is $44,197, with a 25th percentile tax bill of $212 and a 75th percentile tax bill of $526. The highest and lowest median tax bills are both $311, found in the zip code 82524. 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 Stephens helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Saint Stephens Assessed Value
$44,197
Average Fremont County Assessed Value
$184,535
Average Wyoming Assessed Value
$247,958
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Stephens, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82524 | $22,037 | $30,347 | $44,197 | $74,758 | $93,094 |
Source: Ownwell
Property Tax Bills Across Saint Stephens, Wyoming
In the city of Saint Stephens, property tax bills are calculated based on the assessed value of a home, which is determined by the Fremont County Assessor. This assessed value is a percentage of the market value of the property. Local tax rates, set by various taxing authorities, are then applied to this assessed value to determine the annual property tax bill. The median home price in Saint Stephens is $44,197, resulting in tax bills that can vary significantly. For instance, the tax bill at the 25th percentile is $212, while at the 75th percentile, it rises to $526, and at the 90th percentile, it reaches $655. These figures illustrate how property taxes can impact homeowners differently based on the value of their property. Compared to the national median property tax rate of 0.99%, the property tax rates in Saint Stephens offer a point of comparison for prospective homeowners evaluating the financial implications of purchasing property in this area.
Average Saint Stephens Tax Bill
$311
Average Fremont County Tax Bill
$1,362
Average Wyoming Tax Bill
$1,635
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Stephens, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82524 | $153 | $212 | $311 | $526 | $655 |
Source: Ownwell