Saint Ann, Missouri Property Taxes
The median property tax rate in Saint Ann, MO is 1.78%, considerably higher than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Saint Ann at $124,950, the typical annual property tax bill reaches $2,223, slightly below the national median of $2,690. Property taxes in Saint Ann 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 Saint Ann'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 Saint Ann 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
Saint Ann, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.78%
Estimate Property Tax Bill
$2,224
Ownwell’s Saint Ann Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Ann with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Ann 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 Ann, Missouri
Property taxes in Saint Ann, Missouri, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Ann is 1.78%, significantly higher than the U.S. national median of 0.99%. Local government entities within Saint Ann set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Ann 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 Ann's effective property tax rate to other counties in Missouri and the national median. For comparison, the 63074 zip code has both the highest and lowest median property tax rate in the area, at 1.78%. Understanding how these cities compare with Saint Ann provides valuable insights into the varying tax landscape across St. Louis County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Ann Tax Rate
1.78%
Average St. Louis County Tax Rate
1.35%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Ann, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63074 | 1.71% | 1.73% | 1.78% | 1.81% | 1.82% |
Source: Ownwell
Property Tax Assessment Values Across Saint Ann, Missouri
In Saint Ann, 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. Louis County Assessor's Office 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 Ann, 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 Saint Ann helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In the 63074 zip code, the median tax bill is $2,223, reflecting the highest and lowest median tax bills in the area.
Average Saint Ann Assessed Value
$124,950
Average St. Louis County Assessed Value
$226,500
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Ann, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63074 | $100,030 | $111,500 | $124,950 | $146,500 | $184,000 |
Source: Ownwell
Property Tax Bills Across Saint Ann, Missouri
Property tax bills in Saint Ann, located in St. Louis County, MO, are calculated based on the assessed value of the property, which is a percentage of the market value. The median home price in Saint Ann is $124,950. Homeowners in this area experience property tax bills that vary significantly, ranging from $1,979 at the 25th percentile to $3,184 at the 90th percentile. The median property tax bill in the 63074 zip code is $2,223, which is higher than the national median property tax rate of 0.99%. Several factors influence these tax bills, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. Higher property values generally result in higher tax bills, impacting homeowners' annual expenses. Understanding these factors can help homeowners anticipate their tax liabilities and budget accordingly. The local tax rate and market conditions also play a crucial role in determining the final tax bill, making it essential for homeowners to stay informed about changes in property assessments and tax regulations.
Average Saint Ann Tax Bill
$2,223
Average St. Louis County Tax Bill
$3,143
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Ann, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63074 | $1,741 | $1,979 | $2,223 | $2,594 | $3,184 |
Source: Ownwell