Defiance, Missouri Property Taxes
The median property tax rate in Defiance, Missouri is 0.95%, slightly below the national median of 0.99% but lower than the Missouri state median of 1.20%. With the median home value in Defiance, the typical annual property tax bill reaches $4,317, significantly higher than the national median of $2,690. Property taxes in Defiance are calculated based on the assessed value, which often falls below the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Defiance's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Defiance or another part of St. Charles County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Defiance, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$4,422
Ownwell’s Defiance Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Defiance with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Defiance to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities, providing clarity and peace of mind. For those interested in more localized trends, scroll down to explore neighborhood-specific information. Your property’s assessed value, determined by the county for tax calculations, takes into account any applicable exemptions, ensuring a more accurate estimate of your tax obligations.
Property Tax Rates Across Defiance, Missouri
Property taxes in Defiance, Missouri, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Defiance is 0.95%, which is just slightly below the U.S. national median of 0.99%. Local government entities within Defiance set these rates annually, and they can vary significantly across different neighborhoods. Each year, Defiance 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 Defiance's effective property tax rate to other counties in Missouri and the national median. For comparison, the 63341 zip code has the highest median property tax rate of 0.95%, while the same zip code also has the lowest median tax rate of 0.95%. Understanding how these cities compare with Defiance provides valuable insights into the varying tax landscape across St. Charles County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Defiance Tax Rate
0.95%
Average St. Charles County Tax Rate
1.08%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Defiance, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63341 | 0.87% | 0.91% | 0.95% | 0.99% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Defiance, Missouri
In Defiance, 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 St. Charles 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 Defiance, 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, the highest median tax bill in Defiance is $4,317 in the 63341 zip code. 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 Defiance helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Defiance Assessed Value
$465,447
Average St. Charles County Assessed Value
$293,699
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Defiance, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63341 | $207,636 | $343,116 | $465,447 | $606,818 | $803,059 |
Source: Ownwell
Property Tax Bills Across Defiance, Missouri
In Defiance, MO, located in St. Charles County, property tax bills are determined by assessing the value of a property and applying the local tax rate. The assessed value is a percentage of the property's market value, which is influenced by factors such as location, size, and condition of the property. Homeowners in Defiance experience a range of tax bills, with the 25th percentile at $3,160 and the 75th percentile reaching $5,691. For those in the 90th percentile, tax bills can go up to $7,897. The highest and lowest median tax bills in the area are both $4,317, specifically in the 63341 zip code. These taxes fund essential public services such as schools, infrastructure, and emergency services, making them a crucial part of the community. However, the financial burden varies, impacting homeowners differently based on their property's assessed value. Compared to the national median property tax rate of 0.99%, Defiance homeowners may find their tax bills relatively moderate, depending on their property's valuation.
Average Defiance Tax Bill
$4,317
Average St. Charles County Tax Bill
$3,174
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Defiance, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63341 | $1,798 | $3,160 | $4,317 | $5,691 | $7,897 |
Source: Ownwell