Saint Louis, Missouri Property Taxes
The median property tax rate in Saint Louis, MO is 0.93%, slightly lower than the national median of 0.99% and significantly below the Missouri state median of 1.20%. With the median home value in Saint Louis, the typical annual property tax bill is $147, which is considerably less than the national median of $2,690. Property taxes in Saint Louis 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 Louis'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 Louis 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 Louis, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.93%
Estimate Property Tax Bill
$130
Ownwell’s Saint Louis Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Louis with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Louis 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 Louis, Missouri
Property taxes in Saint Louis, 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 Louis is 0.93%, which is slightly below the U.S. national median of 0.99%. Local government entities within Saint Louis set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Louis 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 Louis's effective property tax rate to other areas in Missouri and the national median. For comparison, the 63110 zip code has the highest median property tax rate of 2.40%, while the 63124 zip code has the lowest median tax rate of 0.83%. Understanding how these cities compare with Saint Louis 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 Louis Tax Rate
0.93%
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 Louis, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63104 | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% |
| 63109 | 0.87% | 0.87% | 0.87% | 0.87% | 0.87% |
| 63110 | 1.10% | 1.59% | 2.40% | 3.22% | 3.71% |
| 63114 | 0.84% | 0.89% | 0.94% | 1.05% | 1.39% |
| 63115 | 0.94% | 0.94% | 0.94% | 0.94% | 0.94% |
| 63116 | N/A | N/A | N/A | N/A | N/A |
| 63118 | 0.91% | 0.99% | 1.12% | 1.26% | 1.34% |
| 63119 | 0.91% | 0.92% | 0.93% | 0.94% | 0.95% |
| 63120 | 0.95% | 1.25% | 2.01% | 3.15% | 3.28% |
| 63121 | 0.94% | 0.95% | 0.97% | 0.98% | 0.99% |
| 63122 | N/A | N/A | N/A | N/A | N/A |
| 63123 | N/A | N/A | N/A | N/A | N/A |
| 63124 | 0.83% | 0.83% | 0.83% | 0.83% | 0.83% |
| 63125 | 0.86% | 0.90% | 0.93% | 1.35% | 1.60% |
| 63126 | N/A | N/A | N/A | N/A | N/A |
| 63127 | 0.96% | 0.96% | 0.96% | 0.96% | 0.96% |
| 63128 | 0.70% | 0.83% | 0.91% | 1.03% | 1.11% |
| 63129 | 0.81% | 0.86% | 0.88% | 0.94% | 1.18% |
| 63130 | 1.00% | 1.07% | 1.18% | 1.29% | 1.35% |
| 63132 | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% |
| 63133 | 0.92% | 0.92% | 0.92% | 0.92% | 0.92% |
| 63134 | 0.83% | 0.85% | 0.85% | 0.85% | 0.89% |
| 63135 | 0.52% | 0.93% | 1.87% | 2.72% | 2.72% |
| 63136 | 1.05% | 1.39% | 1.95% | 1.95% | 1.95% |
| 63137 | 0.90% | 0.90% | 0.90% | 0.90% | 0.92% |
| 63138 | 0.96% | 0.97% | 1.18% | 1.40% | 1.42% |
| 63139 | 0.82% | 0.83% | 0.84% | 0.84% | 0.85% |
| 63141 | 0.87% | 0.90% | 0.95% | 1.18% | 1.31% |
| 63143 | 0.71% | 0.86% | 1.03% | 1.85% | 3.18% |
| 63144 | 0.78% | 0.80% | 0.83% | 0.91% | 0.96% |
| 63146 | 0.83% | 0.84% | 1.40% | 2.06% | 2.25% |
Source: Ownwell
Property Tax Assessment Values Across Saint Louis, Missouri
In Saint Louis, 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 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 Louis, 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 highest median tax bill in the area is $1,524 in the 63119 zip code, while the lowest is $136 in the 63137 zip code. 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 Louis helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Saint Louis Assessed Value
$13,950
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 Louis, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63104 | $86,100 | $86,100 | $86,100 | $86,100 | $86,100 |
| 63109 | $76,800 | $76,800 | $76,800 | $76,800 | $76,800 |
| 63110 | $6,820 | $15,850 | $30,900 | $45,950 | $54,980 |
| 63114 | $4,540 | $18,200 | $105,700 | $153,900 | $206,760 |
| 63115 | $7,200 | $7,200 | $7,200 | $7,200 | $7,200 |
| 63116 | N/A | N/A | N/A | N/A | N/A |
| 63118 | $16,980 | $39,450 | $76,900 | $114,350 | $136,820 |
| 63119 | $96,380 | $122,900 | $167,100 | $167,900 | $168,380 |
| 63120 | $1,070 | $1,100 | $1,750 | $2,975 | $20,910 |
| 63121 | $20,970 | $39,525 | $70,450 | $101,375 | $119,930 |
| 63122 | N/A | N/A | N/A | N/A | N/A |
| 63123 | N/A | N/A | N/A | N/A | N/A |
| 63124 | $6,100 | $6,100 | $6,100 | $6,100 | $6,100 |
| 63125 | $1,700 | $2,000 | $6,650 | $98,100 | $209,730 |
| 63126 | N/A | N/A | N/A | N/A | N/A |
| 63127 | $60,600 | $60,600 | $60,600 | $60,600 | $60,600 |
| 63128 | $22,950 | $49,825 | $84,700 | $107,875 | $158,300 |
| 63129 | $5,350 | $6,100 | $45,100 | $137,825 | $190,280 |
| 63130 | $3,110 | $4,775 | $7,550 | $10,325 | $11,990 |
| 63132 | $14,100 | $14,100 | $14,100 | $14,100 | $14,100 |
| 63133 | $58,700 | $58,700 | $58,700 | $58,700 | $58,700 |
| 63134 | $1,020 | $1,200 | $2,800 | $168,700 | $226,420 |
| 63135 | $1,400 | $1,400 | $2,600 | $156,900 | $176,580 |
| 63136 | $2,400 | $2,400 | $2,400 | $8,100 | $11,520 |
| 63137 | $2,600 | $3,500 | $15,200 | $29,000 | $112,280 |
| 63138 | $2,810 | $4,025 | $85,400 | $173,500 | $186,820 |
| 63139 | $64,770 | $78,525 | $101,450 | $124,375 | $138,130 |
| 63141 | $11,240 | $25,100 | $48,200 | $125,300 | $171,560 |
| 63143 | $11,840 | $26,600 | $40,000 | $62,625 | $93,990 |
| 63144 | $17,200 | $24,250 | $36,000 | $93,900 | $128,640 |
| 63146 | $1,910 | $2,225 | $30,450 | $87,025 | $138,370 |
Source: Ownwell
Property Tax Bills Across Saint Louis, Missouri
In Saint Louis, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local taxing authorities determine the tax rate, which is then applied to the assessed value to calculate the tax bill. Factors such as the property's location, size, and improvements can influence its assessed value. For instance, in the 63119 zip code, the highest median tax bill is $1,524, while in the 63137 zip code, it is significantly lower at $136. This disparity highlights how different areas within the same city can have varying tax burdens. Homeowners in Saint Louis can expect their property tax bills to fall between $36 at the 25th percentile and $1,590 at the 90th percentile, with a median home price of $13,950. Compared to the national median property tax rate of 0.99%, Saint Louis residents may experience lower or higher tax bills depending on their property's assessed value and specific location. Understanding these factors can help homeowners better anticipate and manage their property tax obligations.
Average Saint Louis Tax Bill
$147
Average Morgan County Tax Bill
$420
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Louis, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63104 | $871 | $871 | $871 | $871 | $871 |
| 63109 | $670 | $670 | $670 | $670 | $670 |
| 63110 | $76 | $142 | $252 | $363 | $429 |
| 63114 | $66 | $173 | $1,069 | $1,391 | $1,923 |
| 63115 | $68 | $68 | $68 | $68 | $68 |
| 63116 | N/A | N/A | N/A | N/A | N/A |
| 63118 | $154 | $344 | $661 | $977 | $1,167 |
| 63119 | $903 | $1,136 | $1,524 | $1,543 | $1,554 |
| 63120 | $30 | $35 | $41 | $52 | $217 |
| 63121 | $201 | $375 | $663 | $952 | $1,126 |
| 63122 | N/A | N/A | N/A | N/A | N/A |
| 63123 | N/A | N/A | N/A | N/A | N/A |
| 63124 | $51 | $51 | $51 | $51 | $51 |
| 63125 | $24 | $44 | $80 | $1,093 | $2,102 |
| 63126 | N/A | N/A | N/A | N/A | N/A |
| 63127 | $582 | $582 | $582 | $582 | $582 |
| 63128 | $261 | $531 | $699 | $817 | $1,402 |
| 63129 | $52 | $62 | $461 | $1,234 | $1,578 |
| 63130 | $38 | $52 | $77 | $101 | $116 |
| 63132 | $147 | $147 | $147 | $147 | $147 |
| 63133 | $538 | $538 | $538 | $538 | $538 |
| 63134 | $9 | $11 | $23 | $1,437 | $1,929 |
| 63135 | $38 | $38 | $49 | $380 | $1,213 |
| 63136 | $47 | $47 | $47 | $81 | $101 |
| 63137 | $23 | $32 | $136 | $260 | $1,044 |
| 63138 | $40 | $57 | $839 | $1,677 | $1,797 |
| 63139 | $537 | $656 | $855 | $1,054 | $1,173 |
| 63141 | $114 | $244 | $460 | $1,092 | $1,472 |
| 63143 | $121 | $180 | $320 | $640 | $1,023 |
| 63144 | $154 | $230 | $356 | $756 | $996 |
| 63146 | $42 | $45 | $266 | $729 | $1,167 |
Source: Ownwell