Helena, Missouri Property Taxes
The median property tax rate in Helena, Missouri is 1.09%, slightly higher than the national median of 0.99% but lower than Missouri's state median of 1.20%. With the median home value in Helena, the typical annual property tax bill reaches $1,087, which is below the national median of $2,690. Property taxes in Helena are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Helena'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 Helena or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Helena, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$1,095
Ownwell’s Helena Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, or potential buyers to estimate their annual property taxes in Helena with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Helena 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 Helena, Missouri
Property taxes in Helena, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Helena is 1.09%, higher than the U.S. national median of 0.99%. Local government entities within Helena set these rates annually, and they can vary significantly across different neighborhoods. Each year, Helena 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 Helena's effective property tax rate to other counties in Missouri and the national median. For comparison, the zip code 64459 has the highest median property tax rate of 1.09%, while the same zip code also has the lowest median tax rate of 1.09%. Understanding how these cities compare with Helena provides valuable insights into the varying tax landscape across Andrew County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Helena Tax Rate
1.09%
Average Andrew County Tax Rate
1.22%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Helena, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64459 | 0.71% | 1.01% | 1.09% | 1.09% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Helena, Missouri
In Helena, 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 Andrew 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 Helena, 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 Helena helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 64459, with a median tax bill of $1,087.
Average Helena Assessed Value
$100,460
Average Andrew County Assessed Value
$108,235
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Helena, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64459 | $18,684 | $46,840 | $100,460 | $175,890 | $259,424 |
Source: Ownwell
Property Tax Bills Across Helena, Missouri
In Helena, located in Andrew County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Helena is $100,460, and homeowners can expect varying tax bills depending on their property's assessed value. For instance, the 25th percentile tax bill is $473, while the 75th percentile reaches $1,903, and the 90th percentile can go up to $2,764. Several factors influence the final tax bill, including the property's location within specific zip codes, with the highest and lowest median tax bills both recorded at $1,087 in the 64459 zip code. These tax rates are crucial as they directly impact homeowners' annual financial responsibilities. Compared to the national median property tax rate of 0.99%, Helena's tax rates offer a perspective on how local assessments can significantly vary, affecting homeowners' budgeting and financial planning.
Average Helena Tax Bill
$1,087
Average Andrew County Tax Bill
$1,278
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Helena, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64459 | $158 | $473 | $1,087 | $1,903 | $2,764 |
Source: Ownwell