Saint Peters, Missouri Property Taxes
The median property tax rate in Saint Peters, MO is 1.13%, slightly higher than the national median of 0.99% but lower than the Missouri state median of 1.20%. With a median home value of $260,998 in Saint Peters, the typical annual property tax bill reaches $2,964, surpassing the national median of $2,690. Property taxes in Saint Peters are calculated based on the tax assessed value, which is often lower than the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Saint Peters' 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 Peters 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 Peters, 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 Saint Peters Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Saint Peters using just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Peters to provide an estimate of your property tax bill. This valuable tool offers insight into potential tax liabilities. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any applicable exemptions.
Property Tax Rates Across Saint Peters, Missouri
Property taxes in Saint Peters, Missouri, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Peters is 1.13%, higher than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Saint Peters set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Peters 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 Peters's effective property tax rate to other areas in Missouri and the national median. For comparison, the 63303 zip code has the highest median property tax rate of 1.16%, while the 63304 zip code has the lowest median tax rate of 1.10%. Understanding how these areas compare with Saint Peters 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 Saint Peters Tax Rate
1.13%
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 Saint Peters, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63303 | 1.02% | 1.11% | 1.16% | 1.19% | 1.21% |
| 63304 | 1.05% | 1.07% | 1.10% | 1.14% | 1.16% |
| 63366 | 1.06% | 1.07% | 1.10% | 1.13% | 1.16% |
| 63376 | 1.01% | 1.08% | 1.13% | 1.18% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Saint Peters, Missouri
In Saint Peters, 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's Office 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 Peters, 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The highest median tax bill in the area is $3,558 in the 63366 zip code, while the lowest is $2,694 in the 63303 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Saint Peters Assessed Value
$260,998
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 Saint Peters, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63303 | $111,975 | $186,189 | $229,527 | $279,995 | $331,746 |
| 63304 | $161,323 | $177,915 | $284,448 | $365,966 | $411,015 |
| 63366 | $271,797 | $298,866 | $325,003 | $339,280 | $356,481 |
| 63376 | $162,768 | $219,765 | $260,405 | $319,052 | $402,016 |
Source: Ownwell
Property Tax Bills Across Saint Peters, Missouri
In Saint Peters, located in St. Charles County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Saint Peters is $260,998. Homeowners receive a tax bill that reflects several factors, including the assessed value and the local tax rate. The median property tax rate in the area is notably lower than the national median of 0.99%. For example, in Saint Peters, the 25th percentile tax bill is approximately $2,447, while the 75th percentile reaches around $3,612. The highest median tax bill in the area is $3,558, found in the 63366 zip code, whereas the lowest median tax bill is $2,694 in the 63303 zip code. These figures illustrate the range of property tax obligations homeowners might face. Understanding these factors helps homeowners better anticipate their annual property tax expenses and plan accordingly.
Average Saint Peters Tax Bill
$2,964
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 Saint Peters, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63303 | $1,149 | $2,178 | $2,694 | $3,189 | $3,876 |
| 63304 | $1,680 | $1,931 | $3,176 | $4,109 | $4,555 |
| 63366 | $2,928 | $3,259 | $3,558 | $3,798 | $4,037 |
| 63376 | $1,794 | $2,465 | $2,960 | $3,592 | $4,538 |
Source: Ownwell