Saint Charles, Missouri Property Taxes
The median property tax rate in Saint Charles, MO is 1.05%, which is higher than the national median of 0.99% but lower than the Missouri state median of 1.20%. With a median home value of $280,191 in Saint Charles, the typical annual property tax bill amounts to $2,900, surpassing the national median of $2,690. Property taxes in Saint Charles are calculated based on the assessed value, which is often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding the property tax system in Saint Charles, exploring available exemptions, and finding opportunities for reductions can result in significant annual savings. Whether you're in the heart of Saint Charles 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 Charles, Missouri Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$2,400
Ownwell’s Saint Charles Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Charles with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Charles 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 Saint Charles, Missouri
Property taxes in Saint Charles, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Charles is 1.05%, higher than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Saint Charles set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Charles 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 Charles's effective property tax rate to other counties in Missouri and the national median. For comparison, the 63301 zip code has the highest median property tax rate of 1.09%, while the 63304 zip code has the lowest median tax rate of 1.00%. Understanding how these areas compare with Saint Charles 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 Saint Charles Tax Rate
1.05%
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 Saint Charles, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 6330 | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% |
| 63301 | 1.00% | 1.04% | 1.09% | 1.14% | 1.28% |
| 63303 | 0.94% | 0.98% | 1.03% | 1.07% | 1.12% |
| 63304 | 0.93% | 0.97% | 1.00% | 1.05% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Saint Charles, Missouri
In Saint Charles, 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 Saint Charles, 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 instance, properties in the 63304 zip code have the highest median tax bill at $3,078, while those in the 63301 zip code have the lowest median tax bill at $2,609. 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 Charles helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Saint Charles Assessed Value
$280,191
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 Saint Charles, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 6330 | $2,839 | $2,839 | $2,839 | $2,839 | $2,839 |
| 63301 | $140,114 | $192,847 | $246,157 | $314,445 | $406,730 |
| 63303 | $167,109 | $223,480 | $297,698 | $377,438 | $454,710 |
| 63304 | $199,570 | $254,723 | $307,304 | $363,662 | $482,906 |
Source: Ownwell
Property Tax Bills Across Saint Charles, Missouri
In Saint Charles, MO, property tax bills are calculated based on the assessed value of a home, which is determined by the county's assessor. This assessed value is a percentage of the property's market value. For instance, if the median home price in Saint Charles is $280,191, the assessed value would be a fraction of this amount. The local tax rate is then applied to this assessed value to calculate the tax bill. Several factors influence the tax bill, including the property's location within different zip codes. For example, the highest median tax bill in the area is $3,078 in zip code 63304, while the lowest is $2,609 in zip code 63301. Homeowners in Saint Charles can expect their tax bills to vary significantly, with the 25th percentile at $2,217 and the 75th percentile reaching $3,714. The tax bill can go as high as $4,804 for those in the 90th percentile. This variability impacts homeowners differently, affecting their annual financial planning and overall cost of living.
Average Saint Charles Tax Bill
$2,900
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 Saint Charles, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 6330 | $30 | $30 | $30 | $30 | $30 |
| 63301 | $1,556 | $2,092 | $2,609 | $3,534 | $4,732 |
| 63303 | $1,679 | $2,262 | $3,069 | $3,852 | $4,765 |
| 63304 | $1,973 | $2,531 | $3,078 | $3,675 | $4,962 |
Source: Ownwell