On the basis of kinetic theory along with self-consistent field equations, the expressions for dielectric tensor of radially inhomogeneous magnetized plasma columns are obtained. The study of dielectric tensor characteristics allows the accurate analysis of the inhomogeneous properties, beyond limitations that exist in the conventional method. Through the Bessel-Fourier transformation, the localized form of material equations in a radially inhomogeneous medium are obtained. In order to verify the integrity of the model and reveal the effect of inhomogeneity, a special case of a cylindrical plasma waveguide completely filled with inhomogeneous magnetized cold plasma was considered. The dispersion relation curves for four families of electromagnetic (EH and HE) and electrostatic (SC and C) modes are obtained and compared with the findings of the conventional model. The numerical analysis indicates that the inhomogeneity effect leads to coupling of electromagnetic and electrostatic modes each having different radial eigen numbers. The study also reveals that the electrostatic modes are more sensitive to inhomogeneous effects than the electromagnetic modes.