Black Jack, Missouri Property Taxes
The median property tax rate in Black Jack, MO is 1.71%, considerably higher than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Black Jack at $179,200, the typical annual property tax bill reaches $3,063, exceeding the national median of $2,690. Property taxes in Black Jack are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Black Jack'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 Black Jack 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
Black Jack, 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 BLACK JACK Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in BLACK JACK with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in BLACK JACK 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 Black Jack, Missouri
Property taxes in Black Jack, Missouri, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Black Jack is 1.71%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Black Jack set these rates annually, and they can vary significantly across different neighborhoods. Each year, Black Jack 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 Black Jack's effective property tax rate to other counties in Missouri and the national median. For comparison, the 63033 zip code has the highest median property tax rate of 1.71%, while the same zip code also has the lowest median tax rate of 1.71%. Understanding how these cities compare with Black Jack provides valuable insights into the varying tax landscape across St. Louis County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Black Jack Tax Rate
1.71%
Average St. Louis County Tax Rate
1.35%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Black Jack, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63033 | 1.71% | 1.71% | 1.71% | 1.71% | 1.71% |
Source: Ownwell
Property Tax Assessment Values Across Black Jack, Missouri
In Black Jack, 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. Louis 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 Black Jack, 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. Being aware of these valuation processes in Black Jack helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area are both found in the 63033 zip code, amounting to $3,063.
Average Black Jack Assessed Value
$179,200
Average St. Louis County Assessed Value
$226,500
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Black Jack, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63033 | $150,300 | $161,200 | $179,200 | $202,100 | $238,720 |
Source: Ownwell
Property Tax Bills Across Black Jack, Missouri
In Black Jack, located in St. Louis County, MO, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessment typically reflects a percentage of the property's market value. For instance, if the median home price in Black Jack is $179,200, the assessed value would be a fraction of this amount, depending on the local assessment ratio. Once the assessed value is established, the local tax rate is applied to calculate the property tax bill. In Black Jack, property tax bills can vary significantly. For example, the tax bill at the 25th percentile is around $2,755, while at the 75th percentile, it reaches approximately $3,454. At the 90th percentile, homeowners might see tax bills as high as $4,082. These variations can significantly impact homeowners, influencing their monthly budgets and overall financial planning. Compared to the national median property tax rate of 0.99%, Black Jack's rates reflect the specific financial requirements and services of the local community.
Average Black Jack Tax Bill
$3,063
Average St. Louis County Tax Bill
$3,143
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Black Jack, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63033 | $2,570 | $2,755 | $3,063 | $3,454 | $4,082 |
Source: Ownwell