Stockton, St. Clair County, Missouri Property Taxes
The median property tax rate in Stockton, MO is 0.88%, which is notably lower than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Stockton at $74,500, the typical annual property tax bill amounts to $674, considerably below the national median of $2,690. Property taxes in Stockton are calculated based on the assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Stockton'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 Stockton 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
Stockton, St. Clair County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$656
$608
Ownwell’s Stockton Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Stockton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stockton to estimate your property tax bill, providing a clear picture of potential tax liabilities. For those interested in more granular insights, localized neighborhood trends can be found by scrolling down. Your property’s assessed value is determined by the county for tax calculations and includes any applicable exemptions. This tool is designed to offer a straightforward and accurate estimate, helping you make informed financial decisions regarding your property in Stockton.
Property Tax Rates Across Stockton, St. Clair County, Missouri
Property taxes in Stockton, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stockton is 0.88%, which is lower than the U.S. national median of 0.99%. Local government entities within Stockton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stockton 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 Stockton's effective property tax rate to other counties in Missouri and the national median. For comparison, the zip code 65785 has both the highest and lowest median property tax rate of 0.88%. Understanding how these cities compare with Stockton provides valuable insights into the varying tax landscape across St. Clair County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Stockton Tax Rate
0.88%
Average St. Clair County Tax Rate
1.03%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stockton, St. Clair County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65785 | 0.75% | 0.77% | 0.88% | 0.95% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Stockton, St. Clair County, Missouri
In Stockton, 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. Clair 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 Stockton, 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 Stockton is $674 in the 65785 zip code, which is also the lowest median tax bill. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Stockton, St. Clair County, Missouri
Source: Ownwell
$32,450
$70,775
$109,100
Average Stockton Assessed Value
$74,500
Average St. Clair County Assessed Value
$27,650
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Stockton, St. Clair County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65785 | $40,600 | $62,000 | $74,500 | $137,000 | $214,800 |
Source: Ownwell
Property Tax Bills Across Stockton, St. Clair County, Missouri
In Stockton, St. Clair County, MO, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in Stockton is $74,500. Homeowners can expect their property tax bills to vary based on the assessed value of their property and the specific tax rates set by local taxing authorities. For instance, the 25th percentile tax bill in Stockton is around $569, while the 75th percentile reaches $1,379, and the 90th percentile can go up to $1,879. This range indicates that tax bills can vary significantly depending on the value of the property and any applicable exemptions or deductions. The highest and lowest median tax bill in the area both stand at $674, reflecting a consistent rate within certain neighborhoods. Compared to the national median property tax rate of 0.99%, homeowners in Stockton might find their property tax rates relatively manageable, impacting their annual financial planning and overall cost of homeownership.
Average Stockton Tax Bill
$674
Average St. Clair County Tax Bill
$244
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Stockton, St. Clair County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65785 | $324 | $569 | $674 | $1,379 | $1,879 |
Source: Ownwell