Marthasville, Missouri Property Taxes
The median property tax rate in Marthasville, MO is 0.96%, slightly below the national median of 0.99% and significantly lower than the Missouri state median of 1.20%. With the median home value in Marthasville at $333,356, the typical annual property tax bill reaches $3,062, surpassing the national median of $2,690. Property taxes in Marthasville 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 Marthasville'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 Marthasville or another part of St. Charles County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Marthasville, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.96%
Estimate Property Tax Bill
$3,200
Ownwell’s Marthasville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Marthasville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Marthasville 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 Marthasville, Missouri
Property taxes in Marthasville, Missouri, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Marthasville is 0.96%, slightly lower than the U.S. national median of 0.99%. Local government entities within Marthasville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Marthasville 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 Marthasville's effective property tax rate to other counties in Missouri and the national median. For comparison, the 63357 zip code has both the highest and lowest median property tax rate of 0.96%. Understanding how these cities compare with Marthasville 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 Marthasville Tax Rate
0.96%
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 Marthasville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63357 | 0.85% | 0.93% | 0.96% | 1.00% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Marthasville, Missouri
In Marthasville, 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 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 Marthasville, 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 median home price is $333,356, with tax bills ranging from the 25th percentile at $2,183 to the 90th percentile at $5,873. The highest and lowest median tax bills are both $3,062 in the 63357 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Marthasville Assessed Value
$333,356
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 Marthasville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63357 | $113,016 | $248,157 | $333,356 | $452,542 | $603,016 |
Source: Ownwell
Property Tax Bills Across Marthasville, Missouri
Property tax bills in Marthasville, St. Charles County, MO, are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value is a percentage of the market value of the home. For instance, with a median home price of $333,356 in Marthasville, the property tax bill can vary significantly depending on the specific assessment and tax rate applied. Several factors influence the tax bill, including the property's location, improvements, and market trends. Homeowners in Marthasville can expect tax bills ranging from $2,183 at the 25th percentile to $5,873 at the 90th percentile, reflecting the diversity in property values and assessments within the area. Compared to the national median property tax rate of 0.99%, Marthasville's tax rates can lead to varying financial impacts on homeowners. Those with properties assessed at higher values will naturally incur higher tax bills, which can influence decisions on buying, selling, or investing in property within the community.
Average Marthasville Tax Bill
$3,062
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 Marthasville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63357 | $1,200 | $2,183 | $3,062 | $4,169 | $5,873 |
Source: Ownwell