Augusta, Missouri Property Taxes
The median property tax rate in Augusta, MO is 0.94%, slightly below the national median of 0.99% and significantly lower than the Missouri state median of 1.20%. With a median home value of $335,103 in Augusta, the typical annual property tax bill amounts to $3,092, which surpasses the national median of $2,690. Property taxes in Augusta are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Augusta'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 Augusta or another part of St. Charles County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Augusta, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.94%
Estimate Property Tax Bill
$3,150
Ownwell’s Augusta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Augusta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Augusta 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 Augusta, Missouri
Property taxes in Augusta, Missouri, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Augusta is 0.94%, slightly below the U.S. national median of 0.99%. Local government entities within Augusta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Augusta 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 Augusta's effective property tax rate to other counties in Missouri and the national median. For comparison, the 63332 zip code has both the highest and lowest median property tax rate of 0.94%. Understanding how these cities compare with Augusta provides valuable insights into the varying tax landscape across St. Charles County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Augusta Tax Rate
0.94%
Average St. Charles County Tax Rate
1.08%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Augusta, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63332 | 0.87% | 0.91% | 0.94% | 1.00% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Augusta, Missouri
In Augusta, 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 St. Charles 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. Assessment notices in Augusta 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 Augusta is $335,103, with tax bills ranging from $1,851 at the 25th percentile to $6,058 at the 90th percentile. The highest and lowest median tax bills are both found in the 63332 zip code, with a value of $3,092. By understanding these valuation concepts, property owners can better navigate their tax responsibilities, identify opportunities for protesting assessments, and apply for exemptions to effectively manage the tax burden.
Average Augusta Assessed Value
$335,103
Average St. Charles County Assessed Value
$293,699
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Augusta, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63332 | $122,916 | $192,962 | $335,103 | $514,728 | $653,883 |
Source: Ownwell
Property Tax Bills Across Augusta, Missouri
Property tax bills in Augusta, located in St. Charles County, Missouri, are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in Augusta stands at $335,103. Once the property’s assessed value is determined, the local tax rate is applied to calculate the annual tax bill. In Augusta, tax bills can vary significantly. Homeowners in the 25th percentile pay around $1,851, while those in the 75th percentile face bills of approximately $4,746. For the top 10% of homeowners, tax bills can reach up to $6,058. These variations are influenced by factors such as property size, location, and market conditions. The highest and lowest median tax bills in Augusta are both recorded at $3,092 in the 63332 zip code. With a national median property tax rate of 0.99%, understanding how these factors influence your tax bill is crucial for effective financial planning and property investment.
Average Augusta Tax Bill
$3,092
Average St. Charles County Tax Bill
$3,174
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Augusta, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63332 | $1,243 | $1,851 | $3,092 | $4,746 | $6,058 |
Source: Ownwell