Fletcher, Washington County, Missouri Property Taxes
The median property tax rate in Fletcher, MO is 0.94%, which is lower than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Fletcher, the typical annual property tax bill reaches $625, significantly below the national median of $2,690. Property taxes in Fletcher 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 Fletcher'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 Fletcher 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
Fletcher, Washington County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.94%
Estimate Property Tax Bill
$642
$596
Ownwell’s Fletcher Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fletcher with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fletcher 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 Fletcher, Washington County, Missouri
Property taxes in Fletcher, Missouri, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fletcher is 0.94%, slightly lower than the U.S. national median of 0.99%. Local government entities within Fletcher set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fletcher 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 Fletcher's effective property tax rate to other counties in Missouri and the national median. For comparison, the 63030 ZIP code has the highest median property tax rate of 0.94%, while the same ZIP code also has the lowest median tax rate of 0.94%. Understanding how these cities compare with Fletcher provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fletcher Tax Rate
0.94%
Average Washington County Tax Rate
0.96%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fletcher, Washington County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63030 | 0.87% | 0.91% | 0.94% | 0.96% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Fletcher, Washington County, Missouri
In Fletcher, 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 Washington 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 Fletcher, 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 Fletcher helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Fletcher is $68,330, with the 25th percentile tax bill at $381 and the 75th percentile at $1,157. The highest and lowest median tax bills are both $625, found in the 63030 zip code.
Property Tax Assessment Values Across Fletcher, Washington County, Missouri
Source: Ownwell
$14,300
$48,465
$82,630
Average Fletcher Assessed Value
$68,330
Average Washington County Assessed Value
$37,210
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fletcher, Washington County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63030 | $25,678 | $40,755 | $68,330 | $128,425 | $187,824 |
Source: Ownwell
Property Tax Bills Across Fletcher, Washington County, Missouri
In Fletcher, Washington County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in Fletcher experience property tax rates that are influenced by local government budgets, school funding, and public services. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For instance, homeowners in Fletcher face a range of property tax bills, with the 25th percentile at $381 and the 75th percentile at $1,157. The highest median tax bill in the area is $625, which is significantly lower than the national median property tax rate of 0.99%. This rate can have a substantial impact on homeowners' budgets, influencing their financial planning and real estate decisions. Understanding these factors can help homeowners better anticipate their tax liabilities and manage their finances effectively.
Average Fletcher Tax Bill
$625
Average Washington County Tax Bill
$361
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Fletcher, Washington County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63030 | $228 | $381 | $625 | $1,157 | $1,756 |
Source: Ownwell