Rogersville, Missouri Property Taxes
The median property tax rate in Rogersville, MO is 0.99%, aligning exactly with the national median of 0.99% but lower than the Missouri state median of 1.20%. With the median home value in Rogersville at $181,900, the typical annual property tax bill is around $1,720, which is below the national median of $2,690. Property taxes in Rogersville are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Rogersville'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 Rogersville or another part of Christian County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rogersville, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$1,801
Ownwell’s Rogersville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rogersville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rogersville 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 Rogersville, Missouri
Property taxes in Rogersville, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rogersville is 0.99%, which aligns precisely with the U.S. national median of 0.99%. Local government entities within Rogersville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rogersville 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 Rogersville's effective property tax rate to other areas in Missouri and the national median. For comparison, the zip code 65742 has both the highest and lowest median property tax rate of 0.99%, identical to Rogersville's rate. Understanding how these areas compare with Rogersville provides valuable insights into the uniform tax landscape across Christian County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rogersville Tax Rate
0.99%
Average Christian County Tax Rate
1.08%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rogersville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65742 | 0.84% | 0.92% | 0.99% | 1.05% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Rogersville, Missouri
In Rogersville, Missouri, understanding the distinction between "market value" and "assessed value" is essential for grasping 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 such as location, property condition, and economic trends. This value is estimated by the Christian 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 Rogersville, 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 instance, the median home price in Rogersville is $181,900, with tax bills ranging from $1,115 at the 25th percentile to $4,246 at the 90th percentile. The zip code 65742 has the highest and lowest median tax bill, both at $1,720. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Rogersville Assessed Value
$181,900
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 Rogersville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65742 | $82,540 | $123,225 | $181,900 | $298,075 | $423,420 |
Source: Ownwell
Property Tax Bills Across Rogersville, Missouri
In Rogersville, located in Christian County, MO, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the market value determined by the local assessor's office. Homeowners in Rogersville can expect their property tax bills to fall within a range influenced by several factors, including property size, location, and improvements. For example, the median home price in Rogersville is $181,900. Property tax bills in this area vary significantly, with the 25th percentile at $1,115 and the 75th percentile at $2,901. At the higher end, the 90th percentile reaches up to $4,246. These figures suggest that homeowners in Rogersville might experience a wide range of property tax obligations, which can impact household budgets and overall financial planning. Compared to the national median property tax rate of 0.99%, Rogersville's rates reflect a localized approach to property taxation, emphasizing the importance of understanding regional property tax structures for effective financial management.
Average Rogersville Tax Bill
$1,720
Average Christian County Tax Bill
$1,599
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Rogersville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65742 | $656 | $1,115 | $1,720 | $2,901 | $4,246 |
Source: Ownwell