Saint James, Missouri Property Taxes
The median property tax rate in Saint James, MO is 0.80%, which is notably lower than both the national median of 0.99% and the Missouri state median of 1.20%. With a median home value of $101,450 in Saint James, the typical annual property tax bill is $814, significantly below the national median of $2,690. Property taxes in Saint James are calculated based on the tax assessed value, which often falls below the market value due to exemptions like those for primary residences and agricultural properties. Understanding Saint James' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Saint James or another part of the city, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saint James, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.8%
Estimate Property Tax Bill
$812
Ownwell’s Saint James Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Saint James with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint James to provide an accurate property tax bill estimate. This valuable tool helps you understand potential tax liabilities and plan accordingly. For those interested in more detailed trends at the neighborhood level, additional localized information is available just a scroll away. Your property’s assessed value, determined by Crawford County, is used for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Saint James, Missouri
Property taxes in Saint James, 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 James is 0.80%, which is lower than the U.S. national median of 0.99%. Local government entities within Saint James set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint James 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 James's effective property tax rate to other areas in Missouri and the national median. For comparison, the zip code 65559 has the highest median property tax rate of 0.80%, while the same zip code also has the lowest median tax rate of 0.80%. Understanding how these areas compare with Saint James provides valuable insights into the varying tax landscape across Crawford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint James Tax Rate
0.80%
Average Crawford County Tax Rate
0.89%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint James, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65559 | 0.74% | 0.77% | 0.80% | 0.81% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Saint James, Missouri
In Saint James, 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 Crawford 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 James, 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 Saint James is $101,450, with tax bills ranging from $430 at the 25th percentile to $1,481 at the 90th percentile. The zip code 65559 has the highest and lowest median tax bill of $814. Being aware of these valuation processes in Saint James helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Saint James Assessed Value
$101,450
Average Crawford County Assessed Value
$81,600
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint James, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65559 | $40,460 | $56,725 | $101,450 | $144,075 | $183,250 |
Source: Ownwell
Property Tax Bills Across Saint James, Missouri
In Saint James, located in Crawford County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For a median home price of $101,450, the tax bill can vary significantly depending on various factors. The assessed value is determined by local tax authorities who consider the home's market value, location, and any applicable exemptions. The tax bill for properties in Saint James typically falls between $430 at the 25th percentile and $1,147 at the 75th percentile, with some reaching up to $1,481 at the 90th percentile. These figures indicate that while some homeowners may pay relatively low property taxes, others could face higher bills based on their property's assessed value and specific circumstances. Compared to the national median property tax rate of 0.99%, the property tax rates in Saint James can be quite varied. Homeowners should be aware of these factors as they can significantly impact their annual expenses and overall financial planning.
Average Saint James Tax Bill
$814
Average Crawford County Tax Bill
$745
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint James, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65559 | $300 | $430 | $814 | $1,147 | $1,481 |
Source: Ownwell