Cape Girardeau County, Missouri Property Taxes
The median property tax rate in Cape Girardeau is 0.97%, which is slightly lower than the national median of 0.99% and significantly below the Missouri state median of 1.20%. With a median home value of $116,512, the typical annual property tax bill in Cape Girardeau amounts to $1,109, far less than the national median of $2,690. Property taxes in Cape Girardeau are calculated based on the tax assessed value, which typically falls below the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Cape Girardeau's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Cape Girardeau or another part of the county, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cape Girardeau County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.97%
Estimate Property Tax Bill
$1,130
$1,049
Ownwell’s Cape Girardeau Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Cape Girardeau with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Cape Girardeau to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Cape Girardeau County, Missouri
Property taxes in Cape Girardeau play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Cape Girardeau is 0.97%, which is lower than the Missouri state median and close to the U.S. national median of 0.99%. Local government entities within Cape Girardeau set these rates annually, and they can vary significantly between different areas within the county. Each year, Cape Girardeau estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Delta has one of the higher property tax rates in Missouri at 1.13%, while the city of Oran boasts one of the lowest at 0.78%. Analyzing how Cape Girardeau's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Cape Girardeau County Tax Rate
0.97%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cape Girardeau County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Advance | 0.64% | 0.75% | 0.83% | 0.97% | 0.98% |
| Altenburg | 0.72% | 0.83% | 0.87% | 0.95% | 0.95% |
| Burfordville | 0.77% | 0.86% | 0.88% | 0.88% | 0.88% |
| Cape Girardeau | 0.87% | 0.94% | 0.99% | 0.99% | 0.99% |
| Chaffee | 0.93% | 0.98% | 1.00% | 1.10% | 1.13% |
| Daisy | 0.76% | 0.84% | 0.95% | 0.96% | 0.96% |
| Delta | 1.13% | 1.13% | 1.13% | 1.13% | 1.13% |
| Friedheim | 0.73% | 0.84% | 0.94% | 0.96% | 0.96% |
| Jackson | 0.86% | 0.95% | 0.97% | 0.97% | 0.97% |
| Leopold | N/A | N/A | N/A | N/A | N/A |
| Marble Hill | 0.77% | 0.83% | 0.87% | 0.88% | 0.88% |
| Millersville | 0.76% | 0.84% | 0.88% | 0.88% | 0.88% |
| Oak Ridge | 0.76% | 0.86% | 0.92% | 0.96% | 1.03% |
| Old Appleton | 0.93% | 1.04% | 1.04% | 1.04% | 1.04% |
| Oran | 0.71% | 0.74% | 0.78% | 0.81% | 0.92% |
| Perryville | 0.61% | 0.76% | 0.90% | 0.94% | 0.96% |
| Pocahontas | 1.02% | 1.06% | 1.06% | 1.06% | 1.06% |
| Whitewater | 0.79% | 0.86% | 0.92% | 1.00% | 1.17% |
Source: Ownwell
Property Tax Assessment Values Across Cape Girardeau County, Missouri
In Cape Girardeau, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Cape Girardeau Appraisal District. The assessed value, however, 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. Assessment notices in Cape Girardeau are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Notably, Jackson has the highest median tax bill at $1,297, while Leopold has the lowest at $254. Being aware of these valuation processes in Cape Girardeau will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Cape Girardeau County, Missouri
Source: Ownwell
$45,331
$91,105
$136,878
Average Cape Girardeau County Assessed Value
$116,512
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cape Girardeau County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Advance | $44,819 | $68,968 | $102,686 | $156,163 | $219,942 |
| Altenburg | $39,928 | $71,720 | $134,234 | $194,498 | $227,981 |
| Burfordville | $26,338 | $45,565 | $85,282 | $127,942 | $196,476 |
| Cape Girardeau | $45,071 | $72,004 | $109,889 | $169,586 | $281,090 |
| Chaffee | $16,606 | $42,252 | $72,402 | $104,330 | $157,588 |
| Daisy | $34,272 | $49,624 | $78,994 | $128,711 | $241,496 |
| Delta | $25,548 | $34,905 | $45,331 | $71,903 | $93,849 |
| Friedheim | $46,681 | $71,343 | $102,155 | $169,120 | $247,672 |
| Jackson | $66,286 | $90,812 | $136,878 | $193,131 | $265,856 |
| Leopold | N/A | N/A | N/A | N/A | N/A |
| Marble Hill | $35,123 | $58,797 | $97,150 | $148,979 | $199,030 |
| Millersville | $38,094 | $62,124 | $96,895 | $146,576 | $192,468 |
| Oak Ridge | $43,184 | $65,018 | $100,558 | $153,860 | $224,387 |
| Old Appleton | $26,583 | $39,652 | $54,304 | $98,681 | $138,064 |
| Oran | $45,023 | $51,594 | $76,056 | $110,248 | $120,033 |
| Perryville | $37,826 | $67,033 | $101,412 | $162,978 | $245,583 |
| Pocahontas | $30,986 | $49,074 | $64,210 | $84,115 | $108,619 |
| Whitewater | $28,438 | $55,483 | $90,256 | $134,262 | $195,786 |
Source: Ownwell
Property Tax Bills Across Cape Girardeau County, Missouri
In Cape Girardeau County, MO, property tax bills are calculated based on the assessed value of a home, which is determined as a percentage of its market value. Homeowners in this county experience a range of property tax bills, with the 25th percentile paying around $736 and the 75th percentile paying approximately $1,682 annually. The highest median tax bill in the county is $1,297 in Jackson, while the lowest is $254 in Leopold. These tax bills are influenced by several factors, including the property's assessed value, the local tax rate, and any applicable exemptions. For example, a home with a median price of $116,512 would generate a tax bill in line with these figures, depending on the specific assessment and applicable rates. Compared to the national median property tax rate of 0.99%, Cape Girardeau County provides a varied landscape for homeowners, potentially affecting their financial planning and long-term investment in their properties.
Average Cape Girardeau County Tax Bill
$1,109
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Cape Girardeau County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Advance | $353 | $552 | $915 | $1,291 | $1,878 |
| Altenburg | $368 | $635 | $1,163 | $1,714 | $2,131 |
| Burfordville | $228 | $397 | $748 | $1,076 | $1,655 |
| Cape Girardeau | $443 | $701 | $1,062 | $1,615 | $2,671 |
| Chaffee | $178 | $444 | $730 | $1,039 | $1,502 |
| Daisy | $329 | $439 | $711 | $1,140 | $1,911 |
| Delta | $289 | $395 | $514 | $816 | $1,064 |
| Friedheim | $379 | $597 | $900 | $1,560 | $2,293 |
| Jackson | $626 | $861 | $1,297 | $1,820 | $2,535 |
| Leopold | N/A | N/A | N/A | N/A | N/A |
| Marble Hill | $294 | $497 | $826 | $1,292 | $1,703 |
| Millersville | $329 | $517 | $828 | $1,259 | $1,672 |
| Oak Ridge | $398 | $598 | $885 | $1,357 | $2,027 |
| Old Appleton | $278 | $414 | $557 | $917 | $1,400 |
| Oran | $348 | $385 | $618 | $811 | $1,123 |
| Perryville | $262 | $591 | $862 | $1,490 | $2,165 |
| Pocahontas | $329 | $521 | $682 | $869 | $982 |
| Whitewater | $296 | $527 | $841 | $1,207 | $1,720 |
Source: Ownwell