Saint Ann, Missouri Property Taxes
The median property tax rate in Saint Ann, MO is 1.64%, 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, the typical annual property tax bill reaches $57, which is significantly lower than 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
$2,500,000
$5,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$2,400
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, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Ann is 1.64%, 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 in Saint Ann has the same median property tax rate of 1.64%. 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
1.64%
Average Morgan County Tax Rate
0.87%
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 | 1.64% | 1.64% | 1.64% | 1.64% | 1.64% |
Source: Ownwell
Property Tax Assessment Values Across Saint Ann, Missouri
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Saint Ann, 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 local 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 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.
Average Saint Ann Assessed Value
$3,500
Average Morgan County Assessed Value
$49,350
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 | $3,500 | $3,500 | $3,500 | $3,500 | $3,500 |
Source: Ownwell
Property Tax Bills Across Saint Ann, Missouri
In Saint Ann, located in Morgan County, MO, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the county assessor and is typically a percentage of the property's market value. For homeowners in this area, the median home price stands at $3,500, which is significantly lower than the national median. This lower home value directly impacts the property tax bills, making them relatively modest compared to other regions. Several factors influence the final tax bill, including the local tax rate and any applicable exemptions or deductions. For instance, the 25th, 75th, and 90th percentile tax bills in Saint Ann are all $57, reflecting a consistent tax burden across different home values. This uniformity suggests a stable and predictable tax environment for homeowners. Understanding these factors is crucial for homeowners as it affects their annual financial planning and long-term investment strategies. Lower property taxes can make homeownership more affordable, allowing residents to allocate their resources to other essential needs.
Average Saint Ann Tax Bill
$57
Average Morgan County Tax Bill
$420
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 | $57 | $57 | $57 | $57 | $57 |
Source: Ownwell