San Antonio, Missouri Property Taxes
The median property tax rate in San Antonio, Missouri is 1.08%, slightly higher than the national median of 0.99% but lower than the Missouri state median of 1.20%. With the median home value in San Antonio, the typical annual property tax bill reaches $69, significantly below the national median of $2,690. Property taxes in San Antonio 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 San Antonio'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 San Antonio 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
San Antonio, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$71
Ownwell’s San Antonio Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in San Antonio with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in San Antonio 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 San Antonio, Missouri
Property taxes in San Antonio, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in San Antonio is 1.08%, higher than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within San Antonio set these rates annually, and they can vary significantly across different neighborhoods. Each year, San Antonio 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 San Antonio's effective property tax rate to other counties in Missouri and the national median. For comparison, the 78250 zip code has the highest median property tax rate of 1.33%, while the 78240 zip code has the lowest median tax rate of 0.83%. Understanding how these cities compare with San Antonio provides valuable insights into the varying tax landscape across Morgan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average San Antonio Tax Rate
1.08%
Average Morgan County Tax Rate
0.87%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across San Antonio, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78240 | 0.83% | 0.83% | 0.83% | 0.83% | 0.83% |
| 78250 | 1.33% | 1.33% | 1.33% | 1.33% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across San Antonio, Missouri
In San Antonio, Missouri, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value represents 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 Morgan 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 San Antonio, 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. For example, zip codes with the highest tax bills can see amounts up to $76, while those with the lowest tax bills might be around $65. 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 San Antonio helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average San Antonio Assessed Value
$6,600
Average Morgan County Assessed Value
$49,350
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across San Antonio, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78240 | $7,300 | $7,300 | $7,300 | $7,300 | $7,300 |
| 78250 | $5,900 | $5,900 | $5,900 | $5,900 | $5,900 |
Source: Ownwell
Property Tax Bills Across San Antonio, Missouri
In San Antonio, located in Morgan County, Missouri, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is a percentage of the property's market value, and this figure is then multiplied by the local tax rate. For homeowners in San Antonio, the median home price is $6,600. Given the national median property tax rate of 0.99%, local tax rates may vary, impacting the final tax bill. Several factors influence the tax bill, including property size, location, and any applicable exemptions. In Morgan County, the 25th percentile of property tax bills is $65, while the 75th percentile is $74, and the 90th percentile reaches $76. These figures illustrate the range of tax burdens homeowners might experience. Property taxes significantly affect homeowners by contributing to local services such as schools, infrastructure, and emergency services. Understanding how these taxes are calculated helps homeowners anticipate their financial obligations and plan accordingly.
Average San Antonio Tax Bill
$69
Average Morgan County Tax Bill
$420
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across San Antonio, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78240 | $61 | $61 | $61 | $61 | $61 |
| 78250 | $78 | $78 | $78 | $78 | $78 |
Source: Ownwell