Saint Clair, Missouri Property Taxes
The median property tax rate in Saint Clair, MO is 1.40%, considerably higher than both the national median of 0.99% and Missouri's state median of 1.20%. With the median home value in Saint Clair, the typical annual property tax bill reaches $28, far below the national median of $2,690. Property taxes in Saint Clair 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 Clair'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 Clair 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 Clair, 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 Clair Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Clair with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Clair 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 Clair, Missouri
Property taxes in Saint Clair, 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 Clair is 1.40%, which is notably higher than the U.S. national median of 0.99%. Local government entities within Saint Clair set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Clair 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 Clair's effective property tax rate to other areas in Missouri and the national median. For comparison, the zip code 63077 has the highest median property tax rate of 1.40%, while the same zip code also has the lowest median tax rate of 1.40%. Understanding how these values compare with Saint Clair provides valuable insights into the varying tax landscape across Morgan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Clair Tax Rate
1.40%
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 Clair, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63077 | 1.40% | 1.40% | 1.40% | 1.40% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Saint Clair, Missouri
In Saint Clair, 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 local 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 Saint Clair, 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 Clair helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Saint Clair Assessed Value
$2,000
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 Clair, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63077 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 |
Source: Ownwell
Property Tax Bills Across Saint Clair, Missouri
In Saint Clair, located in Morgan County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Saint Clair, the median home price is $2,000, and the property tax rate is notably low compared to the national median property tax rate of 0.99%. This results in relatively modest tax bills for residents. Several factors influence the tax bill, including property improvements, changes in market conditions, and local government budgets. These elements can cause fluctuations in property assessments and, consequently, the tax amounts. For example, in Saint Clair, the tax bill for the 25th, 75th, and 90th percentiles is consistently $28. This consistency offers homeowners a predictable tax burden, allowing for better financial planning and stability. Overall, the low property tax rate in Saint Clair provides significant relief to homeowners, making it an attractive area for property investment.
Average Saint Clair Tax Bill
$28
Average Morgan County Tax Bill
$420
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Clair, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63077 | $28 | $28 | $28 | $28 | $28 |
Source: Ownwell