Santa Clara, Missouri Property Taxes
The median property tax rate in Santa Clara, MO is 1.34%, considerably higher than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Santa Clara, the typical annual property tax bill reaches $1,736, exceeding the national median of $2,690. Property taxes in Santa Clara 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 Santa Clara'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 Santa Clara 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
Santa Clara, 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 Santa Clara Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Santa Clara with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Santa Clara 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 Santa Clara, Missouri
Property taxes in Santa Clara, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Santa Clara is 1.34%, which is significantly higher than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Santa Clara set these rates annually, and they can vary significantly across different neighborhoods. Each year, Santa Clara 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 Santa Clara's effective property tax rate to other counties in Missouri and the national median. For comparison, the 95050 zip code has the highest median property tax rate of 1.34%, while the same zip code also has the lowest median tax rate of 1.34%. Understanding how these cities compare with Santa Clara provides valuable insights into the varying tax landscape across Clay County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Santa Clara Tax Rate
1.34%
Average Clay County Tax Rate
1.34%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Santa Clara, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95050 | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Santa Clara, Missouri
In Santa Clara, 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 Clay 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 Santa Clara, 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. The median home price in Santa Clara is $129,526, and the highest and lowest median tax bills are both $1,736, which is significantly higher than the national median property tax rate of 0.99%. Being aware of these valuation processes in Santa Clara helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Santa Clara Assessed Value
$129,526
Average Clay County Assessed Value
$203,105
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Santa Clara, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95050 | $129,526 | $129,526 | $129,526 | $129,526 | $129,526 |
Source: Ownwell
Property Tax Bills Across Santa Clara, Missouri
In Santa Clara, Clay County, MO, 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. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Santa Clara, the median home price stands at $129,526. The property tax bills in this region are relatively consistent, with the 25th, 75th, and 90th percentiles all showing a tax bill of $1,736. This amount is significantly higher than the national median property tax rate of 0.99%. These tax bills take into account various factors such as property improvements, neighborhood changes, and local government budgets. High property taxes can impact homeowners by increasing the overall cost of homeownership, potentially affecting affordability and long-term financial planning. Understanding how property taxes are calculated can help homeowners better anticipate their annual expenses and manage their finances more effectively.
Average Santa Clara Tax Bill
$1,736
Average Clay County Tax Bill
$2,651
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Santa Clara, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95050 | $1,736 | $1,736 | $1,736 | $1,736 | $1,736 |
Source: Ownwell