Crystal City, Missouri Property Taxes
The median property tax rate in Crystal City, MO is 1.22%, considerably higher than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Crystal City, the typical annual property tax bill reaches $1,143, exceeding the national median of $2,690. Property taxes in Crystal City are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Crystal City'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 Crystal City 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
Crystal City, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.22%
Estimate Property Tax Bill
$1,154
Ownwell’s Crystal City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Crystal City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Crystal City 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 Crystal City, Missouri
Property taxes in Crystal City, Missouri, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Crystal City is 1.22%, higher than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Crystal City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Crystal City 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 Crystal City's effective property tax rate to other counties in Missouri and the national median. For comparison, the 63019 zip code has the highest median property tax rate of 1.22%, while the same zip code also has the lowest median tax rate of 1.22%. Understanding how these cities compare with Crystal City provides valuable insights into the varying tax landscape across Jefferson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Crystal City Tax Rate
1.22%
Average Jefferson County Tax Rate
1.33%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Crystal City, Missouri
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
63019 | 1.18% | 1.21% | 1.22% | 1.22% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Crystal City, Missouri
In Crystal City, Missouri, 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 Jefferson 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 Crystal City, 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 Crystal City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1,143, found in zip code 63019, which is also the lowest median tax bill.
Average Crystal City Assessed Value
$94,600
Average Jefferson County Assessed Value
$133,600
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Crystal City, Missouri
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
63019 | $60,700 | $72,900 | $94,600 | $135,600 | $176,350 |
Source: Ownwell
Property Tax Bills Across Crystal City, Missouri
In Crystal City, located in Jefferson County, MO, property tax bills are calculated based on the assessed value of your home, which is a percentage of its market value. The median home price in Crystal City is $94,600. Tax rates are applied to this assessed value to determine your annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. For instance, homeowners in the 25th percentile of tax bills pay around $877, while those in the 75th percentile face bills of about $1,606. At the 90th percentile, tax bills can reach up to $2,141. The median property tax rate in Crystal City is 1.21%, which is higher than the national median rate of 0.99%. This means that homeowners in Crystal City generally pay a higher percentage of their home’s value in property taxes compared to the national average, impacting their overall housing costs.
Average Crystal City Tax Bill
$1,143
Average Jefferson County Tax Bill
$1,729
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Crystal City, Missouri
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
63019 | $736 | $877 | $1,143 | $1,606 | $2,141 |
Source: Ownwell