St Catharine, Linn County, Missouri Property Taxes
The median property tax rate in St. Catharine, MO is 0.85%, which is lower than both the national median of 0.99% and the Missouri state median of 1.20%. With a median home value of $11,600 in St. Catharine, the typical annual property tax bill amounts to $112, significantly below the national median of $2,690. Property taxes in St. Catharine are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding St. Catharine's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of St. Catharine or another part of Linn County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
St Catharine, Linn County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.85%
Estimate Property Tax Bill
$99
$91
Ownwell’s St. Catharine Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in St. Catharine with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in St. Catharine 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 St Catharine, Linn County, Missouri
Property taxes in St. Catharine, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in St. Catharine is 0.85%, which is lower than both the Missouri state median of 0.97% and the U.S. national median of 0.99%. Local government entities within St. Catharine set these rates annually, and they can vary significantly across different neighborhoods. Each year, St. Catharine 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 St. Catharine's effective property tax rate to other counties in Missouri and the national median. For comparison, the 64628 zip code has the highest median property tax rate of 0.85%, while the same zip code also has the lowest median tax rate of 0.85%. Understanding how these cities compare with St. Catharine provides valuable insights into the varying tax landscape across Linn County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average St Catharine Tax Rate
0.85%
Average Linn County Tax Rate
1.13%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across St Catharine, Linn County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64628 | 0.79% | 0.82% | 0.85% | 0.95% | 1.23% |
Source: Ownwell
Property Tax Assessment Values Across St Catharine, Linn County, Missouri
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in St. Catharine, Missouri. 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 Linn 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 St. Catharine, 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. For instance, the median home price is $11,600, with tax bills ranging from $54 at the 25th percentile to $757 at the 90th percentile. The zip code 64628 has the highest and lowest median tax bill at $112. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. This awareness helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across St Catharine, Linn County, Missouri
Source: Ownwell
$9,900
$40,150
$70,400
Average St Catharine Assessed Value
$11,600
Average Linn County Assessed Value
$25,200
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across St Catharine, Linn County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64628 | $2,290 | $5,400 | $11,600 | $40,950 | $62,070 |
Source: Ownwell
Property Tax Bills Across St Catharine, Linn County, Missouri
In St. Catharine, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For homeowners, this means their tax bill is directly influenced by the market value of their property. In Linn County, where St. Catharine is located, the median home price stands at $11,600. Tax bills can vary significantly; for instance, the 25th percentile tax bill is $54, while the 75th percentile tax bill is $350. At the higher end, the 90th percentile tax bill reaches $757. The tax rate applied in St. Catharine is compared to the national median property tax rate of 0.99%. Factors that contribute to the final tax bill include the property's assessed value and the local tax rate. Homeowners in St. Catharine might find that their property tax bills are relatively modest compared to other regions, but they still play a crucial role in funding local services and infrastructure.
Average St Catharine Tax Bill
$112
Average Linn County Tax Bill
$264
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across St Catharine, Linn County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64628 | $27 | $54 | $112 | $350 | $757 |
Source: Ownwell