Fenton, Jefferson County, Missouri Property Taxes
Median Fenton, MO effective property tax rate: 1.39%, significantly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Fenton, MO home value: $147,400
Median annual Fenton, MO tax bill: $2,011, $389 lower than the national median property tax bill of $2,400.
How are property taxes in Jefferson calculated?
Property taxes in Fenton, 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 Fenton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fenton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fenton, Jefferson County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.39%
Estimate Property Tax Bill
$2,049
$1,901
Property Tax Rates Across Fenton, Jefferson 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 Fenton’s effective property tax rate to other cities in Missouri and the median property tax rates in Missouri and the U.S.
Fenton, located in Jefferson County, has a property tax rate that aligns with the highest and lowest median tax rates within the state. The median tax rate in Missouri is notably higher than the national median of 1.02%. Despite this, Fenton's property tax rate remains competitive within the state, ensuring that property owners receive value for the taxes they pay. Understanding these rates can help residents make informed decisions about property ownership and investments in Fenton.
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 Fenton Tax Rate
1.39%
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 Jefferson County Tax Rate
1.33%
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fenton, Jefferson County, Missouri
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
63026 | 1.30% | 1.36% | 1.39% | 1.40% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Fenton, Jefferson County, Missouri
When examining property taxes in Fenton, 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 Jefferson 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.
In Jefferson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Fenton. For example, the median home price in Fenton is $147,400, with tax bills ranging significantly across the county. Zip code 63026 has the highest median home price at $147,400.
Property Tax Assessment Values Across Fenton, Jefferson County, Missouri
Source: Ownwell
$92,850
$198,900
$304,950
Median Fenton Market Value
$147,400
Median Jefferson County Market Value
$133,600
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fenton, Jefferson County, Missouri
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
63026 | $75,800 | $98,100 | $147,400 | $248,300 | $311,760 |
Source: Ownwell
Property Tax Bills Across Fenton, Jefferson County, Missouri
In Fenton, located in Jefferson County, MO, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the property's market value. Local tax rates are then applied to this assessed value to determine the tax bill. Homeowners in Fenton experience a median property tax bill of $2,011, which aligns closely with the national median of $2,400.
Factors influencing property tax bills include changes in the local tax rate, fluctuations in property values, and any applicable exemptions or reductions. For instance, the tax bill for the 25th percentile is $1,359, while the 90th percentile reaches $4,420, indicating variability based on property characteristics and location within the city.
Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By analyzing assessed values and comparing them to market trends, Ownwell identifies opportunities for reductions, potentially saving homeowners a significant amount on their property tax bills. This service ensures that homeowners are not overpaying and are only paying their fair share.
Median Fenton Tax Bill
$2,011
Median Jefferson County Tax Bill
$1,729
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Fenton, Jefferson County, Missouri
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
63026 | $1,049 | $1,359 | $2,011 | $3,249 | $4,420 |
Source: Ownwell