Festus, Jefferson County, Missouri Property Taxes
Median Festus, MO effective property tax rate: 1.07%, slightly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Festus, MO home value: $137,100
Median annual Festus, MO tax bill: $1,504, $896 lower than the national median property tax bill of $2,400.
How are property taxes in Jefferson County calculated?
Property taxes in Festus, 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 Festus’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Festus, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Festus, Jefferson County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.07%
Estimate Property Tax Bill
$1,467
$1,361
Property Tax Rates Across Festus, Jefferson County, Missouri
Local government entities set tax rates, which can vary widely within a state. 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, this is the annual process in a nutshell.
In Festus, located in Jefferson County, Missouri, the effective property tax rate reflects the county's fiscal needs and property values. Missouri's median property tax rate stands at 1.07%, which is slightly above the national median of 1.02%. This positions Festus as a region where property tax rates are relatively aligned with the state's median.
For property owners in Festus, understanding these rates is crucial for financial planning. Compared to the national median property tax bill of $2,400, Festus residents may find their property tax obligations to be competitive, offering a balance between quality public services and tax commitments. By staying informed about local tax trends, homeowners can make informed decisions about property investments and budget management.
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 Festus Tax Rate
1.07%
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 Festus, Jefferson County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63028 | 1.00% | 1.07% | 1.07% | 1.20% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Festus, Jefferson County, Missouri
When examining property taxes in Festus, Missouri, 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 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 Festus. For example, the median home price in Festus is $137,100, with tax bills ranging significantly across the county. Zip code 63028 has the highest median home price at $137,100.
Property Tax Assessment Values Across Festus, Jefferson County, Missouri
Source: Ownwell
$92,850
$198,900
$304,950
Median Festus Market Value
$137,100
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 Festus, Jefferson County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63028 | $63,900 | $87,075 | $137,100 | $213,025 | $292,430 |
Source: Ownwell
Property Tax Bills Across Festus, Jefferson County, Missouri
Median Festus Tax Bill
$1,504
Median Jefferson County Tax Bill
$1,729
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Festus, Jefferson County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63028 | $676 | $946 | $1,504 | $2,244 | $3,145 |
Source: Ownwell