Frontenac, Missouri Property Taxes
The median property tax rate in Frontenac, MO is 1.43%, significantly higher than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Frontenac at $280,650, the typical annual property tax bill reaches $4,001, surpassing the national median of $2,690. Property taxes in Frontenac are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Frontenac's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Frontenac or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Frontenac, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.43%
Estimate Property Tax Bill
$4,013
Ownwell’s Frontenac Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Frontenac with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Frontenac 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 Frontenac, Missouri
Property taxes in Frontenac, Missouri, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Frontenac is 1.43%, significantly higher than the U.S. national median of 0.99%. Local government entities within Frontenac set these rates annually, and they can vary significantly across different neighborhoods. Each year, Frontenac 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 Frontenac's effective property tax rate to other counties in Missouri and the national median. For comparison, the zip code 63131 has the highest median property tax rate of 1.43%, while the same zip code also has the lowest median tax rate of 1.43%. Understanding how these cities compare with Frontenac 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 Frontenac Tax Rate
1.43%
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 Frontenac, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63131 | 1.42% | 1.42% | 1.43% | 1.43% | 1.43% |
Source: Ownwell
Property Tax Assessment Values Across Frontenac, Missouri
In Frontenac, 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 Frontenac, 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 Frontenac helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 63131 has the highest and lowest median tax bills at $4,001.
Average Frontenac Assessed Value
$280,650
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 Frontenac, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63131 | $271,010 | $274,625 | $280,650 | $286,675 | $290,290 |
Source: Ownwell
Property Tax Bills Across Frontenac, Missouri
In Frontenac, located in St. Louis County, MO, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local assessor's office and is typically a percentage of the property's market value. For instance, with a median home price of $280,650, the assessed value forms the basis for calculating the property tax bill. Several factors influence the final tax bill, including the property's location, any applicable exemptions, and the local tax rate. Homeowners in Frontenac can expect tax bills to vary, with the 25th percentile at $3,922 and the 75th percentile at $4,079. The highest median tax bill in the area is $4,001, recorded in the 63131 zip code. These property taxes are crucial for funding local services such as public schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, Frontenac's rates reflect the area's property values and the community's funding needs, impacting homeowners' annual financial planning.
Average Frontenac Tax Bill
$4,001
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 Frontenac, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63131 | $3,876 | $3,922 | $4,001 | $4,079 | $4,125 |
Source: Ownwell