Pleasant Hill, Missouri Property Taxes
The median property tax rate in Pleasant Hill, MO is 1.10%, which is higher than the national median of 0.99% but lower than the Missouri state median of 1.20%. With the median home value in Pleasant Hill, the typical annual property tax bill reaches $1,122, falling below the national median of $2,690. Property taxes in Pleasant Hill are calculated based on the tax assessed value, typically lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Pleasant Hill'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 Pleasant Hill 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
Pleasant Hill, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$1,208
Ownwell’s Pleasant Hill Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pleasant Hill with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pleasant Hill 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 Pleasant Hill, Missouri
Property taxes in Pleasant Hill, Missouri, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pleasant Hill is 1.10%, higher than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Pleasant Hill set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pleasant Hill 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 Pleasant Hill's effective property tax rate to other areas in Missouri and the national median. For comparison, the zip code 64080 has the highest median property tax rate of 1.10%, while the same zip code also has the lowest median tax rate of 1.10%. Understanding how these cities compare with Pleasant Hill provides valuable insights into the varying tax landscape across Johnson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pleasant Hill Tax Rate
1.10%
Average Johnson County Tax Rate
1.24%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pleasant Hill, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64080 | 0.95% | 1.00% | 1.10% | 1.18% | 1.18% |
Source: Ownwell
Property Tax Assessment Values Across Pleasant Hill, Missouri
In Pleasant Hill, 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 Johnson 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 Pleasant Hill, 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 Pleasant Hill helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1,122 in the 64080 zip code, while the lowest median tax bill is also $1,122 in the same zip code.
Average Pleasant Hill Assessed Value
$109,840
Average Johnson County Assessed Value
$74,883
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pleasant Hill, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64080 | $65,891 | $82,029 | $109,840 | $134,141 | $143,959 |
Source: Ownwell
Property Tax Bills Across Pleasant Hill, Missouri
In Pleasant Hill, located in Johnson County, MO, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value, which is determined by the county assessor. For example, with a median home price of $109,840, homeowners can expect their property tax bill to vary significantly based on the assessed value and applicable tax rate. The tax bills in Pleasant Hill range from the 25th percentile at $945 to the 75th percentile at $1321, with the 90th percentile reaching up to $1589. These figures highlight the variability in tax bills, which can significantly impact homeowners' annual expenses. Compared to the national median property tax rate of 0.99%, Pleasant Hill's property tax system can result in a wide range of financial obligations for homeowners. Understanding these factors can help homeowners better anticipate their property tax responsibilities and manage their budgets accordingly.
Average Pleasant Hill Tax Bill
$1,122
Average Johnson County Tax Bill
$947
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Pleasant Hill, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64080 | $717 | $945 | $1,122 | $1,321 | $1,589 |
Source: Ownwell