Raytown, Jackson County, Missouri Property Taxes
Median Raytown, MO effective property tax rate: 1.79%, significantly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Raytown, MO home value: $102,000
Median annual Raytown, MO tax bill: $1,841, $559 lower than the national median property tax bill of $2,400.
How are property taxes in Jackson County calculated?
Property taxes in Raytown, MO are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Raytown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Raytown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Raytown, Jackson County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.79%
Estimate Property Tax Bill
$1,826
$1,694
Property Tax Rates Across Raytown, Jackson County, Missouri
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Raytown’s effective property tax rate to other cities in Missouri and the median property tax rates in Missouri and the U.S.
In Raytown, located in Jackson County, the effective property tax rate is 1.79%, which matches the highest and lowest median tax rates within the area. This rate is significantly higher than the national median property tax rate of 1.02%. Consequently, property owners in Raytown might notice a difference in their annual tax bills compared to the national median property tax bill of $2,400. Understanding these differences can be essential for property owners when budgeting for annual expenses.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Raytown Tax Rate
1.79%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Jackson County Tax Rate
1.56%
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Raytown, Jackson County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64133 | 1.79% | 1.79% | 1.79% | 1.79% | 1.79% |
| 64138 | 1.79% | 1.79% | 1.79% | 1.79% | 1.79% |
| 64129 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Raytown, Jackson County, Missouri
When examining property taxes in Raytown, MO, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Jackson County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices: In Jackson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Raytown.
For example, the median home price in Raytown is $102,000, with tax bills ranging significantly across the county. 64138 has the highest median home price at $107,000.
Property Tax Assessment Values Across Raytown, Jackson County, Missouri
Source: Ownwell
$23,000
$198,750
$374,500
Median Raytown Market Value
$102,000
Median Jackson County Market Value
$127,000
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Raytown, Jackson County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64133 | $58,000 | $76,000 | $98,000 | $127,000 | $161,000 |
| 64138 | $78,000 | $91,000 | $107,000 | $143,000 | $173,000 |
| 64129 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Raytown, Jackson County, Missouri
Median Raytown Tax Bill
$1,841
Median Jackson County Tax Bill
$2,070
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Raytown, Jackson County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64133 | $1,037 | $1,358 | $1,752 | $2,270 | $2,902 |
| 64138 | $1,412 | $1,626 | $1,924 | $2,574 | $3,128 |
| 64129 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell