Johnstown, Missouri Property Taxes
The median property tax rate in Johnstown, MO is 0.74%, lower than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Johnstown at $159,530, the typical annual property tax bill is $1,188, significantly below the national median of $2,690. Property taxes in Johnstown 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 Johnstown'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 Johnstown 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
Johnstown, 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 Johnstown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Johnstown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Johnstown 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 Johnstown, Missouri
Property taxes in Johnstown, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Johnstown is 0.74%, which is below the U.S. national median of 0.99%. Local government entities within Johnstown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Johnstown 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 Johnstown's effective property tax rate to other counties in Missouri and the national median. For comparison, the 15905 zip code has the highest median property tax rate of 0.74%, while the same zip code also has the lowest median tax rate of 0.74%. Understanding how these areas compare with Johnstown 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 Johnstown Tax Rate
0.74%
Average Pulaski County Tax Rate
0.74%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Johnstown, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15905 | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% |
Source: Ownwell
Property Tax Assessment Values Across Johnstown, Missouri
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Johnstown, 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 Pulaski County Assessor 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 Johnstown, 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. The median home price in Johnstown is $159,530, and understanding these valuation concepts can help property owners navigate their tax responsibilities effectively. Notably, the median tax bill in the 15905 zip code is $1,188, which is consistent across the board, making it both the highest and lowest median tax bill in the area. By being aware of these processes, homeowners can identify opportunities for protesting assessments or applying for exemptions to manage their tax burden efficiently.
Average Johnstown Assessed Value
$159,530
Average Pulaski County Assessed Value
$115,944
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Johnstown, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15905 | $159,530 | $159,530 | $159,530 | $159,530 | $159,530 |
Source: Ownwell
Property Tax Bills Across Johnstown, Missouri
Property tax bills in Johnstown, Pulaski County, MO, are calculated based on the assessed value of a property, which is determined by local tax assessors. The assessed value is a percentage of the market value of the home. For instance, with a median home price of $159,530, the assessed value is used to determine the property tax owed. Factors such as property location, improvements, and market conditions influence this assessed value. In Johnstown, the median property tax bill is $1,188, which is significantly higher than the national median property tax rate of 0.99%. This indicates that homeowners in Johnstown might face higher property tax obligations compared to the national average. This tax revenue is crucial for funding local services like schools, infrastructure, and public safety. Consequently, homeowners need to be aware of their property’s assessed value and any potential exemptions or appeals that could lower their tax burden. Understanding these factors can help homeowners manage their finances more effectively.
Average Johnstown Tax Bill
$1,188
Average Pulaski County Tax Bill
$872
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Johnstown, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15905 | $1,188 | $1,188 | $1,188 | $1,188 | $1,188 |
Source: Ownwell