Real Estate Property Taxes St Louis County Mo
St Louis County is the largest county in Missouri, with a population of over 1 million people. If you own a property in St Louis County, you are required to pay property taxes. In this article, we will discuss what real estate property taxes are and how they are calculated in St Louis County, Mo.
What are Real Estate Property Taxes?
Real estate property taxes are taxes that you pay to the government based on the value of the property you own. These taxes are used to fund public services such as schools, roads, and law enforcement. Property taxes are usually calculated as a percentage of the assessed value of your property.
In St Louis County, property taxes are collected by the Collector of Revenue. The Collector of Revenue is responsible for collecting property taxes from all property owners in St Louis County.
How are Real Estate Property Taxes Calculated?
The amount of real estate property taxes you pay in St Louis County is based on the assessed value of your property, which is determined by the St Louis County Assessor's Office. The assessed value of your property is the value that the Assessor's Office believes your property is worth based on the market value of similar properties in your area.
The tax rate in St Louis County is calculated by dividing the amount of money needed to fund public services by the total assessed value of all properties in the county. The resulting rate is then applied to the assessed value of your property to determine your property tax bill.
It's important to note that property tax rates can vary depending on where you live in St Louis County. Different municipalities and school districts may have different tax rates.
When are Real Estate Property Taxes Due?
Real estate property taxes in St Louis County are due on December 31st of each year. If you do not pay your property taxes by this date, you may be subject to penalties and interest charges. It's important to pay your property taxes on time to avoid these additional fees.
How Can You Pay Your Real Estate Property Taxes in St Louis County?
There are several ways to pay your real estate property taxes in St Louis County. You can pay your taxes online, in person at the Collector of Revenue's office, or by mail. If you choose to pay your taxes by mail, be sure to send them in early to ensure that they are received by the due date.
If you are having trouble paying your property taxes, there are programs available to help. The St Louis County Collector of Revenue offers a payment plan program that allows you to pay your taxes over a period of time. There are also programs available for low-income homeowners to help them pay their property taxes.
Conclusion
Real estate property taxes are an important part of owning a property in St Louis County, Mo. It's important to understand how they are calculated and when they are due to avoid penalties and interest charges. If you have any questions about your property taxes, be sure to contact the St Louis County Collector of Revenue for assistance.