Hillsboro, Jefferson County, Missouri Property Taxes
Median Hillsboro, MO effective property tax rate: 1.18%, slightly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Hillsboro, MO home value: $154,000
Median annual Hillsboro, MO tax bill: $1,848, $552 lower than the national median property tax bill of $2,400.
How are property taxes in Jefferson County calculated?
Property taxes in Hillsboro, 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 Hillsboro’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hillsboro, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hillsboro, Jefferson County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.18%
Estimate Property Tax Bill
$1,817
$1,686
Ownwell’s Hillsboro Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hillsboro with just two data points.
By entering your property's estimated assessed value, our calculator applies Hillsboro’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Jefferson County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Hillsboro, Jefferson County, Missouri
Local government entities in Missouri set property tax rates, which can vary significantly within the state. This variation stems from the fact that each county, like Jefferson County, estimates its annual budget to provide essential services. This budget is then divided by the total value of all taxable property within the county, resulting in the property tax rate. Although votes and laws play a role in determining tax rates and budgets, this is the core process followed each year.
In Hillsboro, located in Jefferson County, the effective property tax rate is comparable to other cities in Missouri. The median property tax rate in Missouri is 1.18%, slightly higher than the national median of 1.02%. This means that residents in Hillsboro may experience somewhat higher property taxes compared to the national average. However, when compared to other areas within the state, Hillsboro's tax rate aligns closely with the state median, providing a balanced perspective for property owners. Understanding these nuances can help property owners make informed decisions about their investments and potential tax liabilities.
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 Hillsboro Tax Rate
1.18%
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 Hillsboro, Jefferson County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63050 | 1.09% | 1.15% | 1.18% | 1.27% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Hillsboro, Jefferson County, Missouri
When examining property taxes in Hillsboro, 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 Hillsboro.
For example, the median home price in Hillsboro is $154,000, with tax bills ranging significantly across the county. Zip code 63050 has the highest median home price at $154,000.
Property Tax Assessment Values Across Hillsboro, Jefferson County, Missouri
Source: Ownwell
$92,850
$198,900
$304,950
Median Hillsboro Market Value
$154,000
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 Hillsboro, Jefferson County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63050 | $63,100 | $98,500 | $154,000 | $207,700 | $263,500 |
Source: Ownwell
Property Tax Bills Across Hillsboro, Jefferson County, Missouri
Median Hillsboro Tax Bill
$1,848
Median Jefferson County Tax Bill
$1,729
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Hillsboro, Jefferson County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63050 | $751 | $1,195 | $1,848 | $2,420 | $3,048 |
Source: Ownwell