Crocker, Missouri Property Taxes
The median property tax rate in Crocker, MO is 0.72%, significantly lower than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Crocker, the typical annual property tax bill amounts to $251, well below the national median of $2,690. Property taxes in Crocker are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Crocker's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Crocker 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
Crocker, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.72%
Estimate Property Tax Bill
$249
Ownwell’s Crocker Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Crocker with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Crocker 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 Crocker, Missouri
Property taxes in Crocker, Missouri, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Crocker is 0.72%, lower than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Crocker set these rates annually, and they can vary significantly across different neighborhoods. Each year, Crocker 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 Crocker's effective property tax rate to other counties in Missouri and the national median. For comparison, the 65452 zip code has the highest median property tax rate of 0.72%, while the 65452 zip code also has the lowest median tax rate of 0.72%. Understanding how these cities compare with Crocker provides valuable insights into the varying tax landscape across Camden County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Crocker Tax Rate
0.72%
Average Camden County Tax Rate
0.84%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Crocker, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65452 | 0.72% | 0.72% | 0.72% | 0.72% | 0.72% |
Source: Ownwell
Property Tax Assessment Values Across Crocker, Missouri
In Crocker, Missouri, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 local appraisal district 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 Crocker, 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. Being aware of these valuation processes in Crocker helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bills is 65452, with a median tax bill of $251.
Average Crocker Assessed Value
$34,632
Average Camden County Assessed Value
$77,579
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Crocker, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65452 | $34,632 | $34,632 | $34,632 | $34,632 | $34,632 |
Source: Ownwell
Property Tax Bills Across Crocker, Missouri
In Crocker, located in Camden County, MO, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the property's market value, which is determined by local assessors. Homeowners in Crocker can expect a median home price of $34,632. The tax rate in this area is applied to the assessed value to determine the annual property tax bill. Factors such as property location, home size, and market conditions influence the assessed value. For instance, the tax bills at the 25th, 75th, and 90th percentiles are all $251, indicating a consistent tax rate across different property values. This uniformity suggests a straightforward calculation method, providing predictability for homeowners. Compared to the national median property tax rate of 0.99%, Crocker's tax rate results in relatively low annual tax bills, easing the financial burden on homeowners and making it an attractive place for property investment.
Average Crocker Tax Bill
$251
Average Camden County Tax Bill
$645
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Crocker, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65452 | $251 | $251 | $251 | $251 | $251 |
Source: Ownwell