Linden, Missouri Property Taxes
The median property tax rate in Linden, MO is 0.92%, which is lower than both the national median of 0.99% and the Missouri state median of 1.20%. With a median home value of $57,450 in Linden, the typical annual property tax bill amounts to $528, significantly below the national median of $2,690. Property taxes in Linden are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Linden'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 Linden 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
Linden, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.92%
Estimate Property Tax Bill
$529
Ownwell’s Linden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Linden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Linden 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 Linden, Missouri
Property taxes in Linden, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Linden is 0.92%, which is lower than the U.S. national median of 0.99%. Local government entities within Linden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Linden 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 Linden's effective property tax rate to other areas in Missouri and the national median. For comparison, the 65742 zip code has the highest median property tax rate of 0.92%, while the 65742 zip code also has the lowest median tax rate of 0.92%. Understanding how these areas compare with Linden 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 Linden Tax Rate
0.92%
Average Christian County Tax Rate
1.08%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Linden, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65742 | 0.91% | 0.91% | 0.92% | 0.93% | 0.93% |
Source: Ownwell
Property Tax Assessment Values Across Linden, Missouri
In Linden, 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 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 Linden, 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 Linden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 65742 has the highest and lowest median tax bills, both at $528.
Average Linden Assessed Value
$57,450
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 Linden, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65742 | $57,010 | $57,175 | $57,450 | $57,725 | $57,890 |
Source: Ownwell
Property Tax Bills Across Linden, Missouri
In Linden, MO, property tax bills are calculated based on the assessed value of a home, which is determined as a percentage of its market value. Homeowners in Christian County can expect their property tax bills to be influenced by several factors, including the local tax rate and the assessed value of their property. For instance, the median home price in Linden is $57,450. The tax bills in Linden typically range between $526 and $532, with the highest median tax bill recorded at $528 in the 65742 zip code. These figures are relatively close to the national median property tax rate of 0.99%, providing a benchmark for comparison. A homeowner's tax bill directly impacts their annual expenses, making it crucial to understand how these rates are determined and what factors might influence any changes. Keeping an eye on property assessments and local tax rates can help homeowners manage their financial planning more effectively.
Average Linden Tax Bill
$528
Average Christian County Tax Bill
$1,599
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Linden, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65742 | $524 | $526 | $528 | $531 | $532 |
Source: Ownwell