Appleton City, Missouri Property Taxes
The median property tax rate in Appleton City, MO is 0.83%, which is notably lower than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Appleton City at $115,250, the typical annual property tax bill amounts to $955, significantly below the national median of $2,690. Property taxes in Appleton City are calculated based on the assessed value, which often falls below the market value due to exemptions like primary residence and agricultural exemptions. Understanding Appleton City's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Appleton City or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Appleton City, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.83%
Estimate Property Tax Bill
$957
Ownwell’s Appleton City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Appleton City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Appleton City to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Appleton City, Missouri
Property taxes in Appleton City, Missouri, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Appleton City is 0.83%, which is lower than the U.S. national median of 0.99%. Local government entities within Appleton City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Appleton City estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Appleton City's effective property tax rate to other areas within Bates County and the national median. For comparison, the ZIP code 64724 has the highest median property tax rate of 0.83%, while the same ZIP code also has the lowest median tax rate of 0.83%. Understanding how these areas compare with Appleton City provides valuable insights into the varying tax landscape across Bates County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Appleton City Tax Rate
0.83%
Average Bates County Tax Rate
1.06%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Appleton City, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64724 | 0.69% | 0.74% | 0.83% | 0.87% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Appleton City, Missouri
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Appleton City, Missouri. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Bates County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Appleton City, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The median home price in Appleton City is $115,250, with annual tax bills ranging from $582 at the 25th percentile to $2,205 at the 90th percentile. The zip code with the highest and lowest median tax bill is 64724, both at $955. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Appleton City Assessed Value
$115,250
Average Bates County Assessed Value
$68,300
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Appleton City, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64724 | $30,850 | $70,700 | $115,250 | $181,225 | $256,100 |
Source: Ownwell
Property Tax Bills Across Appleton City, Missouri
In Appleton City, located in Bates County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The tax rate is then applied to the assessed value to determine the tax bill. For example, the median home price in Appleton City is $115,250. Factors such as property improvements, location, and market conditions can influence the assessed value. Homeowners in Appleton City can expect their property tax bills to vary significantly. The 25th percentile tax bill is $582, while the 75th percentile reaches $1,457. At the 90th percentile, the tax bill can be as high as $2,205. These variations highlight the impact of property value assessments and local tax rates on individual tax bills. Comparatively, the median property tax bill in Appleton City is $955, which is below the national median property tax rate of 0.99%. Understanding these factors can help homeowners anticipate their property tax obligations and plan accordingly.
Average Appleton City Tax Bill
$955
Average Bates County Tax Bill
$704
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Appleton City, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64724 | $276 | $582 | $955 | $1,457 | $2,205 |
Source: Ownwell