District Residents to See Increase in Residential Taxes

District residents will see an approximate $40 increase in their residential taxes as a result of the .

Residents can calculate their tax rates by using the appraised value of their home, received from the county. St. Louis County uses 19 percent of a home’s appraised value as the assessed value.

Rates are calculated per $100 assessed value, so after multiplying your appraised value by .19, divide by 100.

This value, multiplied by the residential tax rate ($3.6761), will give a resident the approximate amount they will pay.

City data names the median household value as approximately $163,000.

Using, this figure, a person who has a house with that value would pay [($163,000 x .19) / 100] x ($3.6761) = $1,138 for that household. In 2010, the residential tax rate was $3.5470, costing each resident $1,098. The assessed values vary by household and can be raised, lowered or stay the same from the previous year. The calculations are based on the same assessed value.