Saint Robert, Missouri Property Taxes
The median property tax rate in Saint Robert, MO is 1.84%, 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 Robert, the typical annual property tax bill reaches $51, significantly lower than the national median of $2,690. Property taxes in Saint Robert 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 Robert'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 Robert 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 Robert, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.84%
Estimate Property Tax Bill
$52
Ownwell’s Saint Robert Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Saint Robert. By simply entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Robert to provide an accurate estimate of your property tax bill. This user-friendly tool offers valuable insights into potential tax liabilities, helping you make informed financial decisions. For those interested in more detailed trends at the neighborhood level, additional localized information is available as you scroll down. Your property’s assessed value, determined by the county, includes any applicable exemptions, ensuring a precise calculation for your property tax obligations.
Property Tax Rates Across Saint Robert, Missouri
Property taxes in Saint Robert, Missouri, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Saint Robert is 1.84%, which is notably higher than the U.S. national median of 0.99%. Local government entities within Saint Robert set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Robert 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. For comparison, the zip code 65584 has both the highest and lowest median property tax rate in the area, standing at 1.84%. Understanding how these rates compare with Saint Robert provides valuable insights into the varying tax landscape across Pulaski County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Robert Tax Rate
1.84%
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 Robert, Missouri
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
65584 | 1.68% | 1.74% | 1.84% | 1.94% | 2.00% |
Source: Ownwell
Property Tax Assessment Values Across Saint Robert, Missouri
In Saint Robert, 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 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 Saint Robert, 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, homes in the 25th percentile of tax bills pay around $48, while those in the 75th percentile pay about $54, and those in the 90th percentile pay approximately $56. 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 Robert helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Saint Robert Assessed Value
$2,850
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 Robert, Missouri
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
65584 | $2,330 | $2,525 | $2,850 | $3,175 | $3,370 |
Source: Ownwell
Property Tax Bills Across Saint Robert, Missouri
In Saint Robert, located in Morgan County, MO, property tax bills are calculated based on the assessed value of the property. The assessed value is a percentage of the property's market value, determined by the county assessor. For homeowners, this means that the amount they owe in property taxes is directly linked to the value of their home. The median home price in Saint Robert is $2,850, and property tax bills can vary within the city. For example, the 25th percentile tax bill is $48, while the 75th percentile tax bill is $54, and the 90th percentile tax bill reaches $56. These figures indicate a relatively low property tax burden compared to the national median property tax rate of 0.99%. Homeowners in Saint Robert benefit from these lower rates, which can make homeownership more affordable. However, it's important for residents to stay informed about any changes in assessed values and tax rates, as these can impact their annual tax bills.
Average Saint Robert Tax Bill
$51
Average Morgan County Tax Bill
$420
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Robert, Missouri
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
65584 | $46 | $48 | $51 | $54 | $56 |
Source: Ownwell