Bonne Terre, Washington County, Missouri Property Taxes
Median BONNE TERRE, MO effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, but lower than the MO state median of 1.20%.
Median BONNE TERRE, MO home value: $82,630
Median annual BONNE TERRE, MO tax bill: $772, $1,628 lower than the national median property tax bill of $2,400.
How are property taxes in Washington calculated?
Property taxes in BONNE TERRE, 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 BONNE TERRE’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in BONNE TERRE, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bonne Terre, Washington County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.91%
Estimate Property Tax Bill
$758
$704
Property Tax Rates Across Bonne Terre, Washington County, Missouri
Local government entities in Missouri set tax rates, which can vary widely within the state. Each year, counties like Washington estimate their required budget to provide essential services. This budget is then divided by the total value of all taxable property within the county's jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this annual process remains consistent.
In Bonne Terre, located in Washington County, the effective property tax rate provides an interesting comparison to other cities in Missouri. The median property tax rate in Missouri is slightly below the national median of 1.02%. This can result in lower property tax bills compared to the national median property tax bill of $2,400. Understanding these rates and how they compare both within the state and nationally can help property owners in Bonne Terre make informed decisions. By appealing property taxes or seeking exemptions, residents can potentially reduce their tax burden, taking advantage of the state's relatively favorable tax environment.
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 Bonne Terre Tax Rate
0.91%
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 Washington County Tax Rate
1.02%
Median Effective Missouri Tax Rate
1.25%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bonne Terre, Washington County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63628 | 0.87% | 0.90% | 0.91% | 0.91% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across Bonne Terre, Washington County, Missouri
When examining property taxes in Bonne Terre, 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 Washington County Assessor's Office 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 Washington County are sent in the spring each year and 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 Bonne Terre. For example, the median home price in Bonne Terre is $82,630, with tax bills ranging significantly across the county. Zip code 63628 has the highest median home price at $82,630.
Property Tax Assessment Values Across Bonne Terre, Washington County, Missouri
Source: Ownwell
$13,360
$48,343
$83,325
Median Bonne Terre Market Value
$83,325
Median Washington County Market Value
$31,980
Median Missouri Market Value
$136,526
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bonne Terre, Washington County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63628 | $4,359 | $31,088 | $83,325 | $172,538 | $204,086 |
Source: Ownwell
Property Tax Bills Across Bonne Terre, Washington County, Missouri
Median Bonne Terre Tax Bill
$886
Median Washington County Tax Bill
$385
Median Missouri Tax Bill
$1,684
Median United States Tax Bill
$2,400
Property Tax Bills Across Bonne Terre, Washington County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63628 | $116 | $325 | $886 | $1,617 | $1,856 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 13 |
Links | |
|---|---|
| Washington Tax Assessor | |
| Website | washingtonmo.devnetwedge.com |