Florissant, Missouri Property Taxes
The median property tax rate in Florissant, MO is 1.69%, considerably higher than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Florissant, the typical annual property tax bill reaches $2,546, slightly below the national median of $2,690. Property taxes in Florissant 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 Florissant'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 Florissant 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
Florissant, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.69%
Estimate Property Tax Bill
$2,696
Ownwell’s Florissant Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Florissant with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Florissant 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 Florissant, Missouri
Property taxes in Florissant, Missouri, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Florissant is 1.69%, higher than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Florissant set these rates annually, and they can vary significantly across different neighborhoods. Each year, Florissant 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 Florissant's effective property tax rate to other areas in Missouri and the national median. For comparison, the 63034 zip code has the highest median property tax rate of 1.71%, while the 63033 zip code has the lowest median tax rate of 1.47%. Understanding how these areas compare with Florissant 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 Florissant Tax Rate
1.69%
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 Florissant, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63031 | 1.47% | 1.55% | 1.66% | 1.70% | 1.70% |
| 63033 | 1.43% | 1.46% | 1.47% | 1.71% | 1.72% |
| 63034 | 1.70% | 1.70% | 1.71% | 1.72% | 1.72% |
Source: Ownwell
Property Tax Assessment Values Across Florissant, Missouri
In Florissant, 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 Florissant, 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 Florissant helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $3,919 in the 63034 zip code, while the lowest is $2,403 in the 63031 zip code.
Average Florissant Assessed Value
$159,500
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 Florissant, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63031 | $107,900 | $125,700 | $145,000 | $167,400 | $230,400 |
| 63033 | $115,500 | $140,000 | $163,000 | $183,900 | $206,300 |
| 63034 | $149,300 | $190,100 | $228,900 | $290,025 | $345,800 |
Source: Ownwell
Property Tax Bills Across Florissant, Missouri
Property tax bills in Florissant, located in St. Louis County, MO, are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence this calculation, including property improvements, neighborhood changes, and local government budgets. Homeowners in Florissant experience a range of tax bills, with the 25th percentile at $2,169 and the 75th percentile at $3,241. The highest median tax bill in the area reaches up to $3,919 in the 63034 zip code, while the lowest is $2,403 in the 63031 zip code. Compared to the national median property tax rate of 0.99%, Florissant's property tax rates can significantly impact homeowners, influencing their overall cost of living and financial planning. Understanding how these taxes are calculated helps homeowners better anticipate their annual expenses.
Average Florissant Tax Bill
$2,546
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 Florissant, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63031 | $1,667 | $2,050 | $2,403 | $2,768 | $3,699 |
| 63033 | $1,740 | $2,146 | $2,454 | $2,853 | $3,267 |
| 63034 | $2,572 | $3,263 | $3,919 | $4,948 | $5,899 |
Source: Ownwell