Missouri Property Tax Calculator

Missouri Property Tax Calculator

Missouri Property Tax Calculator

Estimate your property taxes based on Missouri's assessment rates and tax rates

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Property Details
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Location
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Owner Info
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Exemptions
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Results
Missouri Assessment Rates
Missouri assesses properties at different percentages of fair market value: Residential: 19% of FMV, Commercial: 32% of FMV, Agricultural: 12% of FMV. Tax = Assessed Value × rate (per $1000). Average effective tax rate is ~0.88%.

Property Details

Enter the fair market value of your property in USD

Please enter a valid market value

Different property types have different assessment rates in Missouri

Please select a property type

Enter the total square footage of the property

Please enter valid square footage

Enter the year the property was constructed

Please enter a valid year

The year for which you want to calculate property taxes

Please select an assessment year

Primary residences may qualify for certain exemptions

Location Information

Your county determines your tax rates

Please select a county

Enter the city or town where your property is located

Please enter a city or town

Enter your school district if known

Enter your local tax rate per $100 if known, or leave blank for estimate

Special districts may have additional tax rates

TIF districts may affect how your property taxes are distributed

Owner Information

Your ownership status may affect exemption eligibility

Please select an ownership status

Enter how many years you've owned the property

Please enter a valid duration

Enter owner's age (required for certain exemption eligibility)

Please enter a valid age

Required for certain income-based credits

Disabled veterans may qualify for property tax exemptions

Seniors may qualify for property tax credits

Persons with disabilities may qualify for certain programs

Exemption Eligibility

Check all exemptions that apply to your property

For qualifying seniors with limited income

For seniors and disabled persons with limited income

For qualifying veterans with service-connected disabilities

For qualifying historic property rehabilitation

For qualifying environmental cleanup projects

For properties in designated enterprise zones

For qualifying homeowners in certain areas

For qualifying nonprofit or religious organizations

Property Tax Assessment Results

Assessment Summary

Fair Market Value: $0
Property Type: -
Assessment Rate: 0.00%
Assessed Value: $0
Exemptions/Credits: $0
Net Taxable Value: $0

Tax Rate Information

County: -
County Tax Rate (per $100): $0.00
School District Tax Rate (per $100): $0.00
City/Town Tax Rate (per $100): $0.00
Special District Tax Rate (per $100): $0.00
Total Tax Rate (per $100): $0.00

Tax Calculation

County Tax: $0
School District Tax: $0
City/Town Tax: $0
Special District Tax: $0
Applied Credits: $0
Total Annual Tax Amount: $0
Effective Tax Rate: 0.00%

Payment Information

Due Date: December 31
Payment Amount: $0

Disclaimer: This calculator provides an estimate of property taxes based on the information provided. Actual tax amounts may vary. Please consult with your local tax assessor's office for official tax information.

Missouri Property Tax Calculator – Missouri’s property taxes are levied annually by local governments to fund vital services, including public schools, roads, public safety, and infrastructure. According to Smart Asset, the median annual property tax payment in Missouri is $1,812, significantly lower than the national median of $3,057. The state’s average effective property tax rate of 0.91% is close to the national average, making Missouri a relatively affordable state for property taxes compared to high-tax states like Massachusetts or Michigan.

Property taxes in Missouri are based on the assessed value of your property, which is a percentage of its market value. Residential properties are assessed at 19% of their market value, while agricultural properties are assessed at 12%, and commercial properties at 32%. The assessed value is then multiplied by local tax rates, which vary by county, city, school district, and other taxing authorities. Tools like the Missouri State Auditor’s calculators make it easy to estimate your tax burden accurately.

How Property Taxes Are Calculated in Missouri

Missouri property taxes, known as ad valorem taxes, are calculated using the following formula:

[ \text{Taxes} = \left( \text{Market Value} \times \text{Assessment Ratio} \right) \times \left( \text{Total Tax Rate} \div 100 \right) ]

  • Market Value: The property’s estimated value based on recent sales of comparable properties and attributes like size or garage. Real estate is reassessed every two years in odd-numbered years.

  • Assessment Ratio: Varies by property type, as outlined by St. Charles County:

    • Residential: 19%

    • Agricultural: 12%

    • Commercial: 32%

    • Personal Property: 33 1/3%

  • Total Tax Rate: Set by local taxing authorities (e.g., county, city, schools, emergency services) and expressed per $100 of assessed value. Rates are reviewed annually by the Missouri State Auditor for compliance with state law.

Example Calculation: For a residential property with a market value of $200,000 in St. Louis County with a total tax rate of 6.5694 per $100:

  • Assessed Value = $200,000 × 0.19 = $38,000

  • Taxes = ($38,000 ÷ 100) × 6.5694 = $2,498.37

    • County, school, and other levies contribute to the total rate.

Property taxes are due by December 31 each year, with a 10% penalty for late payment, as noted by SmartAsset.

Understanding the Missouri Property Tax Calculator

A Missouri property tax calculator is an online tool that helps homeowners estimate their annual tax liability quickly and accurately. By inputting details such as your property’s market or assessed value and location, the calculator applies the relevant tax rates to generate an estimate. Popular calculators include:

  • SmartAsset’s Missouri Property Tax Calculator: Uses median county tax rates to estimate taxes based on your home’s value and location.

  • Missouri State Auditor’s Calculators: Excel-based tools for calculating 2024 or 2025 property tax rates, primarily for tax rate compliance but useful for understanding calculations.

  • St. Charles County Tax Calculator: A county-specific tool for precise estimates in St. Charles County.

  • City of St. Louis Tax Calculator: Provides formulas for personal, residential, and commercial property taxes.

These calculators account for:

  • Market Value: The estimated value of your property.

  • Assessment Ratio: Based on property type (e.g., 19% for residential).

  • Local Tax Rates: Vary by county and taxing jurisdiction.

Step-by-Step Guide to Using a Missouri Property Tax Calculator

Using a Missouri property tax calculator is user-friendly, even for those unfamiliar with tax processes. Here’s how to use SmartAsset’s calculator:

  1. Visit the Calculator: Navigate to SmartAsset’s Missouri Property Tax Calculator.

  2. Enter Your Location: Input your county or city to determine the relevant tax rate.

  3. Input Your Home’s Value: Enter the market value of your property, found on your property tax bill or by contacting your county assessor. The calculator will apply the 19% assessment ratio for residential properties.

  4. View Your Estimate: The calculator multiplies the assessed value by the county’s effective tax rate to estimate your annual property tax.

For more localized estimates, use county-specific calculators like St. Charles County’s, which may require additional details like specific political subdivisions (e.g., school or fire districts).

Example: For a $200,000 residential home in St. Louis County (1.24% effective rate):

  • Assessed Value = $200,000 × 0.19 = $38,000

  • Estimated Tax = $38,000 × 0.0124 = $471.20 (before exemptions)

For precise calculations, verify data with your county assessor, as rates and assessments can vary.

Factors Affecting Missouri Property Tax

Several factors influence your Missouri property tax bill:

  • Property Classification: Different property types have distinct assessment ratios:

    • Residential: 19%

    • Agricultural: 12%

    • Commercial: 32%

    • Personal Property: 33 1/3%

  • Local Tax Rates: Rates vary by county, city, school district, and other jurisdictions. For example, SmartAsset lists St. Louis County at 1.24% and Shannon County at 0.46%.

  • Exemptions and Credits: Missouri offers exemptions that can reduce your tax liability:

    • Property Tax Credit: For seniors and 100% disabled individuals, offering up to $750 for renters and $1,100 for owners, based on taxes or rent paid and household income, as per the Missouri Department of Revenue.

    • Homestead Exemption: Freezes property taxes for eligible seniors and disabled individuals at the level when they first qualified, as noted by Greene County.

    • Veterans Exemption: Disabled veterans and their unmarried surviving spouses may be exempt from taxes on their homestead, per City of St. Louis.

    • Charitable/Religious Exemptions: Properties used exclusively for religious, educational, or charitable purposes may be exempt, per Missouri Revised Statutes.

  • Location: Taxes are higher in urban areas like St. Louis and Kansas City and lower in rural counties.

  • Property Improvements: Additions or upgrades can increase the market value, raising taxes.

The following table summarizes county-specific tax rates from SmartAsset:

County

Median Home Value

Median Annual Property Tax Payment

Average Effective Property Tax Rate

Adair County

 $146,700 $1,156 0.79%

Andrew County

 $175,300 $1,428 0.81%

Atchison County

 $96,100 $1,070 1.11%

St. Louis County

 $223,100 $2,767 1.24%

Shannon County

 $124,100 $571 0.46%

Tips to Lower Your Missouri Property Tax

While Missouri’s property taxes are moderate, you can take steps to further reduce your bill:

  • Apply for Exemptions and Credits: Check eligibility for:

    • Property Tax Credit: Offers up to $750 for renters and $1,100 for owners for seniors and disabled individuals. Applications are available through the Missouri Department of Revenue.

    • Homestead Exemption: Freezes taxes for eligible seniors and disabled individuals, applied annually by June 30, as per Greene County.

    • Veterans Exemption: Exempts disabled veterans from homestead taxes, requiring specific documentation, per City of St. Louis.

  • Appeal Your Assessment: If your property’s assessed value seems too high, file an appeal with your county assessor or the Missouri State Tax Commission. Provide evidence like comparable property sales.

  • Monitor Tax Rates: Stay informed about local tax rate changes, set annually by local authorities, to anticipate tax increases.

  • Consult Professionals: A tax advisor or real estate expert can help maximize exemptions and navigate complex tax situations.

Resources for Missouri Homeowners

Explore these resources for more information on Missouri property taxes:

  • Missouri State Auditor: Offers Excel-based calculators for property tax rates and ensures compliance with state law (Property Tax Calculators).

  • SmartAsset Property Tax Calculator: A user-friendly tool for estimating taxes based on location and home value (Missouri Property Tax Calculator).

  • Missouri Department of Revenue: Provides details on property tax credits and exemptions} (Property Tax Credit).

  • County Assessor Websites: Offer local tax rates, assessment details, and sometimes calculators, such as:

    • St. Charles County Tax Calculator

    • City of St. Louis Tax Calculator

  • Missouri State Tax Commission: Handles appeals for property assessments (State Tax Commission).

Take Control of Your Missouri Property Taxes

Paying property taxes in Missouri doesn’t have to be overwhelming. With tools like the Smart. Asset Missouri Property Tax Calculator, you can estimate your tax obligations with ease and avoid surprises. By understanding how taxes are calculated, exploring exemptions like the Property Tax Credit for seniors and disabled individuals, and staying proactive, you can manage your tax bill effectively. Start using a top-rated property tax calculator Missouri homeowners trust today to gain clarity on what you owe.