Clever, Missouri Property Taxes
The median property tax rate in Clever, MO is 1.05%, slightly higher than the national median of 0.99% but lower than the Missouri state median of 1.20%. With the median home value in Clever, the typical annual property tax bill reaches $1,333, which is below the national median of $2,690. Property taxes in Clever are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Clever'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 Clever 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
Clever, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$1,299
Ownwell’s Clever Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clever with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clever 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 Clever, Missouri
Property taxes in Clever, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clever is 1.05%, which is higher than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Clever set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clever 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 Clever's effective property tax rate to other counties in Missouri and the national median. For comparison, the 65631 zip code has the highest median property tax rate of 1.05%, while it also has the lowest median tax rate of 1.05%. Understanding how these cities compare with Clever provides valuable insights into the varying tax landscape across Christian County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clever Tax Rate
1.05%
Average Christian County Tax Rate
1.08%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clever, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65631 | 0.91% | 0.98% | 1.05% | 1.09% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Clever, Missouri
In Clever, 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 Christian County Assessor's Office 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 Clever, 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. For example, the median home price in Clever is $123,700, with the 25th percentile tax bill at $1,076 and the 75th percentile at $1,745. The zip code 65631 has the highest median tax bill of $1,333. 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 Clever helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Clever Assessed Value
$123,700
Average Christian County Assessed Value
$157,000
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clever, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65631 | $80,090 | $104,275 | $123,700 | $174,525 | $240,370 |
Source: Ownwell
Property Tax Bills Across Clever, Missouri
In Clever, located in Christian County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The county assessor determines this value, and it is crucial in calculating the property tax. The median home price in Clever is $123,700. The property tax rate in Christian County is applied to this assessed value, resulting in the tax bill. Several factors are considered when determining the tax bill, including the home's location, size, and any improvements made. Homeowners in Clever can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill is $1,076, while the 75th percentile tax bill is $1,745. Those in the 90th percentile may see bills as high as $2,359. The highest median tax bill in the area is $1,333, which is relatively close to the national median property tax rate of 0.99%. Understanding these factors helps homeowners anticipate their tax obligations and plan accordingly.
Average Clever Tax Bill
$1,333
Average Christian County Tax Bill
$1,599
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Clever, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65631 | $738 | $1,076 | $1,333 | $1,745 | $2,359 |
Source: Ownwell