Callaway County Property Taxes
The median property tax rate in Callaway County is 1.19%, which is slightly higher than the national median of 0.99% but just below Missouri's state median of 1.20%. With the median home value in Callaway County at $118,130, the typical annual property tax bill amounts to $1,342, significantly lower than the national median of $2,690. Property taxes in Callaway County are determined based on the assessed value, which is often lower than the actual market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Callaway County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether you live in Fulton or another part of Callaway County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Callaway County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$1,406
Ownwell’s Callaway Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Callaway with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Callaway to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Callaway County, Missouri
Property taxes in Callaway County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Callaway County is 1.19%, which is higher than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Callaway County set these rates annually, and they can vary significantly between different areas within the county. Each year, Callaway County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Callaway County's effective property tax rate with other counties in Missouri and the national median. For comparison, Jefferson City has one of the higher property tax rates in Missouri at 1.25%, while the city of Rhineland boasts one of the lowest at 0.73%. Analyzing how Callaway County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Callaway County Tax Rate
1.19%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Callaway County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Auxvasse | 0.93% | 1.13% | 1.18% | 1.24% | 1.31% |
| Centralia | 1.12% | 1.15% | 1.18% | 1.21% | 1.33% |
| Columbia | 0.92% | 1.12% | 1.18% | 1.22% | 1.34% |
| Fulton | 0.81% | 1.16% | 1.19% | 1.21% | 1.25% |
| Hartsburg | 0.75% | 1.13% | 1.20% | 1.23% | 1.30% |
| Holts Summit | 1.15% | 1.20% | 1.20% | 1.21% | 1.26% |
| Jefferson City | 1.14% | 1.17% | 1.25% | 1.26% | 1.28% |
| Kingdom City | 0.74% | 1.05% | 1.18% | 1.23% | 1.31% |
| Martinsburg | 0.73% | 0.97% | 1.13% | 1.18% | 1.22% |
| Mexico | 0.94% | 0.94% | 1.06% | 1.19% | 1.23% |
| Mokane | 0.65% | 0.73% | 0.76% | 0.82% | 0.98% |
| Montgomery City | 0.73% | 0.90% | 1.04% | 1.16% | 1.20% |
| New Bloomfield | 0.89% | 1.06% | 1.09% | 1.17% | 1.35% |
| Portland | 0.52% | 0.71% | 0.76% | 0.80% | 0.88% |
| Rhineland | 0.51% | 0.66% | 0.73% | 0.76% | 0.80% |
| Steedman | 0.71% | 0.75% | 0.79% | 0.93% | 1.16% |
| Tebbetts | 0.72% | 0.76% | 1.12% | 1.15% | 1.19% |
| Wellsville | 0.96% | 1.00% | 1.03% | 1.04% | 1.07% |
| Williamsburg | 0.74% | 0.86% | 1.10% | 1.20% | 1.27% |
Source: Ownwell
Property Tax Assessment Values Across Callaway County, Missouri
In Callaway County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Callaway County Appraisal District. The assessed value, however, 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. Assessment notices in Callaway County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. The highest median tax bill in Callaway County is found in Wellsville at $2,202, while the lowest is in Steedman at $322. Being aware of these valuation processes in Callaway County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Callaway County, Missouri
Source: Ownwell
$41,010
$124,115
$207,220
Average Callaway County Assessed Value
$118,130
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Callaway County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Auxvasse | $29,844 | $59,310 | $101,820 | $156,910 | $220,342 |
| Centralia | $25,675 | $48,490 | $79,105 | $133,712 | $235,630 |
| Columbia | $22,365 | $47,678 | $112,325 | $167,885 | $245,046 |
| Fulton | $37,080 | $68,095 | $109,980 | $155,175 | $209,630 |
| Hartsburg | $37,908 | $75,972 | $137,020 | $173,795 | $232,731 |
| Holts Summit | $67,072 | $111,220 | $143,490 | $184,558 | $228,355 |
| Jefferson City | $35,130 | $46,255 | $60,870 | $171,055 | $413,530 |
| Kingdom City | $25,675 | $66,492 | $117,285 | $180,228 | $252,760 |
| Martinsburg | $36,242 | $55,270 | $104,770 | $158,820 | $221,298 |
| Mexico | $65,517 | $109,972 | $175,840 | $321,725 | $510,212 |
| Mokane | $26,118 | $49,082 | $95,975 | $168,882 | $241,282 |
| Montgomery City | $25,740 | $41,448 | $86,300 | $160,318 | $222,215 |
| New Bloomfield | $37,152 | $74,575 | $126,090 | $170,820 | $221,562 |
| Portland | $13,330 | $29,458 | $61,130 | $132,985 | $196,545 |
| Rhineland | $25,002 | $43,175 | $76,590 | $139,435 | $178,916 |
| Steedman | $6,016 | $14,020 | $41,010 | $92,940 | $160,792 |
| Tebbetts | $26,004 | $69,560 | $137,240 | $188,700 | $244,228 |
| Wellsville | $132,376 | $182,370 | $207,220 | $251,125 | $258,308 |
| Williamsburg | $15,274 | $28,445 | $68,030 | $125,610 | $183,112 |
Source: Ownwell
Property Tax Bills Across Callaway County, Missouri
In Callaway County, MO, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value of the property. Homeowners in Callaway County can expect property tax bills to vary significantly. For instance, the 25th percentile tax bill is around $765, while the 75th percentile tax bill reaches up to $1,884. At the higher end, the 90th percentile tax bill can be as much as $2,492. These tax bills are influenced by several factors, including the property's assessed value, the local tax rate, and any applicable exemptions or deductions. Comparatively, Callaway County's median property tax rate is below the national median of 0.99%, which can be beneficial for homeowners. However, the impact of property taxes on homeowners can vary widely within the county. For example, residents in Wellsville face the highest median tax bill of $2,202, whereas those in Steedman enjoy the lowest at $322. This variation underscores the importance of understanding local tax assessments and potential savings opportunities.
Average Callaway County Tax Bill
$1,342
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Callaway County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Auxvasse | $328 | $700 | $1,205 | $1,820 | $2,519 |
| Centralia | $316 | $580 | $951 | $1,525 | $2,654 |
| Columbia | $276 | $580 | $1,276 | $1,881 | $2,694 |
| Fulton | $426 | $781 | $1,246 | $1,764 | $2,373 |
| Hartsburg | $278 | $850 | $1,637 | $2,013 | $2,743 |
| Holts Summit | $826 | $1,356 | $1,741 | $2,227 | $2,757 |
| Jefferson City | $451 | $559 | $760 | $1,753 | $4,905 |
| Kingdom City | $303 | $701 | $1,318 | $2,033 | $2,831 |
| Martinsburg | $285 | $586 | $1,148 | $1,898 | $2,478 |
| Mexico | $694 | $1,065 | $1,912 | $3,404 | $4,933 |
| Mokane | $221 | $420 | $721 | $1,264 | $1,775 |
| Montgomery City | $195 | $417 | $921 | $1,734 | $2,414 |
| New Bloomfield | $383 | $880 | $1,396 | $1,894 | $2,448 |
| Portland | $102 | $217 | $465 | $1,003 | $1,467 |
| Rhineland | $174 | $303 | $523 | $1,012 | $1,243 |
| Steedman | $64 | $118 | $322 | $696 | $1,195 |
| Tebbetts | $230 | $683 | $1,318 | $1,903 | $2,472 |
| Wellsville | $1,332 | $1,912 | $2,202 | $2,438 | $2,586 |
| Williamsburg | $156 | $284 | $691 | $1,378 | $2,023 |
Source: Ownwell