St Stephens, Fremont County, Wyoming Property Taxes
The median property tax rate in St. Stephens, Wyoming is 0.70%, slightly higher than the state median of 0.65% but lower than the national median of 0.99%. With a median home value of $12,039, the typical annual property tax bill in St. Stephens is $71, significantly lower than the national median of $2,690. Property taxes in St. Stephens are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Navigating St. 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 St. Stephens or another part of Fremont County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
St Stephens, Fremont County, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.7%
Estimate Property Tax Bill
$84
$78
Ownwell’s St Stephens Property Tax Bill Calculator is a valuable resource for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in St Stephens. By simply entering your property's estimated assessed value, the calculator utilizes the median tax rate in St Stephens to provide an accurate estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities and make informed financial decisions. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, determined by Fremont County, is used for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across St Stephens, Fremont County, Wyoming
Property taxes in St Stephens, Wyoming, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in St Stephens is 0.70%, lower than both the Wyoming state median and the U.S. national median of 0.99%. Local government entities within St Stephens set these rates annually, and they can vary significantly across different neighborhoods. Each year, St 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 St Stephens' effective property tax rate to other counties in Wyoming and the national median. For comparison, the 82524 zip code has the highest median property tax rate of 0.70%, while the 82524 zip code also has the lowest median tax rate of 0.70%. Understanding how these cities compare with St 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 St 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 St Stephens, Fremont County, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82524 | 0.64% | 0.69% | 0.70% | 0.70% | 0.70% |
Source: Ownwell
Property Tax Assessment Values Across St Stephens, Fremont County, Wyoming
In St. 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 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 St. 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. 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 St. Stephens helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in the area is $12,039, with tax bills ranging from $57 at the 25th percentile to $1,445 at the 90th percentile, highlighting the importance of understanding your specific situation.
Property Tax Assessment Values Across St Stephens, Fremont County, Wyoming
Source: Ownwell
$12,039
$146,183
$280,327
Average St Stephens Assessed Value
$12,039
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 St Stephens, Fremont County, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82524 | $6,182 | $8,556 | $12,039 | $117,519 | $227,473 |
Source: Ownwell
Property Tax Bills Across St Stephens, Fremont County, Wyoming
In St. Stephens, Fremont County, WY, property tax bills are calculated based on the assessed value of the property, which is a percentage of the market value. The median home price in St. Stephens is $12,039. Property taxes are then determined by applying the local tax rate to the assessed value. Homeowners in St. Stephens experience a range of property tax bills. At the 25th percentile, the tax bill is $57, while at the 75th percentile, it reaches $827. For those at the 90th percentile, the tax bill can be as high as $1,445. These variations reflect differences in property values and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, homeowners in St. Stephens might find their property tax bills relatively manageable, but the impact on individual homeowners can vary significantly. Understanding these factors helps homeowners anticipate their property tax obligations and manage their finances accordingly.
Average St Stephens Tax Bill
$71
Average Fremont County Tax Bill
$1,362
Average Wyoming Tax Bill
$1,635
Average United States Tax Bill
$2,690
Property Tax Bills Across St Stephens, Fremont County, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82524 | $43 | $57 | $71 | $827 | $1,445 |
Source: Ownwell